Highest-materiality recent filing
Papa Johns CFO Ravi Thanawala resigns; Chris Collins named interim CFO
Ravi Thanawala resigns as CFO and President, North America effective June 30, 2026 to become CFO at another public company; no disagreement with company.
Papa John's Q1 2026: Global sales -3%, NA comps -6.4%, EPS $0.21 adj $0.32, reiterates outlook
Global system-wide restaurant sales $1.20B, down 3% vs prior year; International comp sales +3.6%.
Papa John's Q4 diluted EPS $0.21 (adj $0.34); revenue down 6%; full year net income $32M
Q4 revenue $498M (-6% YoY); full year revenue $2.1B flat.
Papa Johns refranchises 85 DC/Baltimore units to Pie Investments; 52 new stores planned
Pie Investments, led by Chris Patel, assumes ownership of 85 restaurants previously owned by Colonel's Limited, LLC joint venture.
Papa Johns promotes Ravi Thanawala to CFO and President, North America; Joe Sieve departs
Ravi Thanawala promoted to CFO and President, North America; base salary increased to $700,000, incentive target to 100%.
Papa John's Q3 2025: Adj EPS $0.32, NA comps -3%, Intl +7%, net income $4M
Diluted EPS $0.13, adjusted $0.32; net income $4M vs $42M YoY; revenue $508M flat.
Papa John's Q2 2025 adj EPS $0.41; NA comp sales +1%; raises intl outlook
Diluted EPS $0.28; adjusted diluted EPS $0.41 vs $0.61 a year ago.
Papa John's Q1 net income falls 40%; NA comp sales down 3%
Net income $9M vs $15M YoY; diluted EPS $0.27 vs $0.44. Adjusted EPS $0.36 vs $0.67.
Papa John's closes $200M term loan, extends $600M revolver to 2030 in credit agreement amendment
New $200M senior secured term loan drawn at closing; proceeds used to repay existing revolver borrowings.
Papa John's Q4 2024 EPS misses; NA comps down 4%, International +2%, net 122 openings
Q4 diluted EPS $0.44 vs $0.79 prior year; adjusted diluted EPS $0.63 vs $0.91.
Papa John's prelim Q4 sales ~$1.2B; NA comps -4%, Intl +2%
Global system-wide sales Q4 ~$1.2B, down 8% YoY but flat ex-53rd week; full year ~$4.9B, -3% YoY.
Papa John's Q3 2024: North America comps down 6%; adj. EPS $0.43 vs $0.53 YoY
Comparable sales: North America -6% (company-owned -7%, franchise -5%); International -3%.
Papa John's Q2 2024: North America comps -4%, adjusted EPS $0.61 vs $0.59; 31 net closures
North America comparable sales -4% (company-owned -4%, franchised -3%); International comps flat.
Papa John's appoints former Wendy's CEO Todd Penegor as President and CEO
Todd Penegor appointed President and CEO effective July 31, 2024, joining the Board of Directors.
Papa John's awards retention RSUs to CFO Thanawala and CLO Oyler tied to stock price targets $65-$85
CFO/Interim CEO Ravi Thanawala receives 39,607 performance-based RSUs valued at $1.875M; CLO Caroline Oyler receives 27,725 RSUs valued at $1.3125M.
Papa John's Q1 revenue down 2%; comparable sales negative; adjusted op income up 10%
Total revenues $514M (-2% YoY); GAAP diluted EPS $0.44 (prior $0.65); adjusted EPS $0.67 (vs $0.68).
CEO Rob Lynch resigns to assume CEO role elsewhere, effective March 20, 2024; will advise through April 30.
Papa John's Q4 2023: Adj EPS $0.91 beats $0.71; NA comp sales +2%
Q4 diluted EPS $0.79 (vs $0.66); adjusted diluted EPS $0.91 (vs $0.71).
Papa John's prelim FY2023 sales ~$5B (+5%); NA comps +1%, int'l -4%; launches Back to Better 2.0
Preliminary global system-wide sales ~$5.0B (+5% YoY); Q4 ~$1.3B (+12% YoY, +3% ex-53rd week).
Papa John's Q3 EPS $0.48; North America comps up 2.9%, International down 0.3%
Total revenues $522.8M (+2.4%); operating income $31.9M (+64%) aided by prior-year legal settlement.
Papa John's Q2 EPS $0.54 vs $0.70 YoY; dividend raised 10%
Revenue $514.5M, down 1.6% YoY; global system sales $1.22B, up 2% ex-FX.
Papa John's Q1 adjusted EPS $0.68 down from $0.95; global sales up 2% to $1.24B
Adjusted diluted EPS $0.68 vs $0.95 prior year; GAAP EPS $0.65 vs $0.29 (prior year had $30.8M charges).
CFO Ann Gugino to step down on March 22; Chris Collins named interim CFO
Ann Gugino will step down as CFO effective March 22, 2023; remains employee through May 31 for transition.
Papa Johns repurchases $180M shares from Starboard; Board Chair Smith resigns, Coleman appointed
Repurchased 2,176,928 shares from Starboard at $82.52/share (~$180M), a ~4% discount to March 1 close.
Papa John's Q4 2022 adj. EPS $0.71, down 5% YoY; full-year adj. EPS $2.94, down 16%
Q4 total revenues $526.2M (-0.5% YoY); diluted EPS $0.66 vs $0.67; adjusted diluted EPS $0.71 vs $0.75.
Papa John's COO C. Max Wetzel to resign effective March 17, 2023
C. Max Wetzel, EVP and COO, notified company on Feb. 6, 2023 of resignation.
Papa John's Q3 adjusted EPS $0.54 vs $0.83; revenue $511M flat; comps mixed
Revenue of $511M, essentially flat vs record Q3 2021; net income $8.3M ($0.23 diluted EPS).
Papa John's Q2 revenue $522.7M (+1.5%), EPS $0.70 vs $0.93; dividend raised 20%
Total revenues $522.7M (+1.5% YoY); North America comps +0.9%, Intl comps -8.0%.
the Company appointed Christopher K. Collins, the Company’s Senior Vice President of Corporate Finance and Principal Accounting Officer, to the additional position of interim Chief Financial Officer, effective June 30, 2026.
On June 26, 2026, Ravi Thanawala informed Papa John’s International, Inc. (the “Company”) of his decision to resign from his position as Chief Financial Officer and President, North America of the Company effective June 30, 2026 to assume a chief financial officer position with another public company.
On June 5, 2025, Papa John’s International, Inc. (the "Company") announced the promotion of Caroline Miller Oyler to the newly created role of Chief Administrative Officer (CAO), effective the same day.
On February 18, 2025, Anthony Sanfilippo informed the Board of Directors (the “Board”) of Papa John’s International, Inc. (the “Company”) of his decision to resign from the Board, effective as of the same date.
On September 9, 2024, Papa John’s International, Inc. (the "Company") announced the promotion of Ravi Thanawala to Chief Financial Officer (CFO) and EVP, International, effective September 9, 2024.
On July 31, 2024, Papa John’s International, Inc. (the “Company”) and the Board of Directors (the “Board”) appointed Todd A. Penegor to serve as President and Chief Executive Officer of the Company.
The Board also appointed Mr. Penegor as a member of the Board with a term to last until the Company’s annual meeting of stockholders in 2025.
On March 18, 2024, Robert M. Lynch informed the Board of Directors (the “Board”) of Papa John’s International, Inc. (the “Company”) of his decision to resign from his position as President and Chief Executive Officer of the Company and as a director of the Board, in each case effective March 20, 2024, to assume a chief executive officer role with another company.
the Board appointed Ravi Thanawala, the Company’s Chief Financial Officer, to the additional position of interim Chief Executive Officer, effective March 20, 2024.
On February 22, 2024, Shaquille R. O’Neal informed the Board of Directors (the “Board”) of Papa John’s International, Inc. (the “Company”) of his decision not to stand for re-election as a director at the Company’s 2024 annual meeting of stockholders.
On January 23, 2024 , Amanda Clark, Chief Operating Officer, International of Papa John’s International, Inc. (the “Company”), notified the Company of her intention to resign from her position with the Company, effective March 1, 2024, to assume a CEO role with another company.
the Board of Directors (the “Board”) of Papa John’s International, Inc. (the “Company”) increased the size of the Board from eight to ten directors and appointed John Garratt and Stephen Gibbs to the Board, effective immediately.
Max materiality 0.80 · Median 0.62 · Most common event earnings