Papa John's Q2 2026: North America comps down 8.3%, diluted EPS $0.24, suspends dividend

PAPA JOHNS INTERNATIONAL INC

Global system-wide restaurant sales $1.20B, down 4.8% YoY; North America comparable sales fell 8.3%.
International comparable sales rose 1.5% (7th consecutive positive quarter); opened 50 new restaurants.
Diluted EPS $0.24; adjusted diluted EPS $0.46 (vs $0.41 prior year). Net income $9M vs $10M.
Adjusted EBITDA flat at $53M; company suspends quarterly dividend starting Q3 2026 to fund transformation.
CEO cites softer consumer environment and promotional QSR marketplace as North America headwinds.

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