Papa John’s reports Q4 adjusted EPS 63c, consensus 50c

Reports Q4 revenue $530.77M, consensus $519.71M. North America comparable sales were down 4% from a year ago as domestic company-owned restaurants were down 6% and North America franchised restaurants were down 4%. International comparable sales were up 2% compared with the prior year period. “I am pleased with the early progress we are seeing in our transformation as we work to improve our value perception, simplify our operations, and enhance our digital and loyalty experiences. These efforts helped to deliver results consistent with our fourth quarter expectations,” said Todd Penegor, president and CEO.