secwatch.observer — SEC 8-K summary
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Issuer:     PAPA JOHNS INTERNATIONAL INC (PZZA)
CIK:        0000901491
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001628280-26-031666
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Papa John's Q1 2026: Global sales -3%, NA comps -6.4%, EPS $0.21 adj $0.32, reiterates outlook
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- Global system-wide restaurant sales $1.20B, down 3% vs prior year; International comp sales +3.6%.
- North America comparable sales -6.4% (company-owned -5.2%, franchised -6.7%).
- Net income $7M vs $9M; adjusted EBITDA $48M vs $50M; diluted EPS $0.21 vs $0.27; adjusted EPS $0.32 vs $0.36.
- Opened 28 new restaurants (8 NA, 20 Intl); reiterates fiscal 2026 outlook.
- CEO cites cautious consumer environment, value promotions, partnerships with Toy Story 5 and Google Gemini.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/901491/000162828026031666/0001628280-26-031666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/901491/000162828026031666/pzza-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-031666

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer