Papa John's International (PZZA)
NASDAQ:PZZA
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.44Last Year’s EPS
0.41Same Quarter Last Year
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: meaningful progress on international growth, loyalty expansion, product innovation (Pan Pizza, sandwiches), brand extensions (retail sauce, Toy Story 5), and tangible supply-chain and company-owned store margin improvements. Offsetting these positives were notable North America weaknesses — mid-single-digit comparable sales declines driven by lower transactions and small-pizza mix shifts — along with an 8% decline in consolidated revenue, a modest adjusted EBITDA decline, commissary margin compression, and a small free cash flow outflow. Management reiterated cautious guidance and emphasized that the transformation is ongoing, with several initiatives expected to drive sequential improvement later in the year.Company Guidance
International Comparable Sales Momentum
International comparable sales grew ~3.6% (company stated six consecutive quarters of positive comps), with standout markets: U.K. comps up 11% (vs 7% prior quarter), Middle East comps +9%, and Asia Pacific +5%, driven by product innovation, partnerships and holiday demand.
Loyalty Program Strength and Customer Engagement
Added nearly 1 million new loyalty members in Q1 and approaching ~42 million loyalty members system-wide; loyalty customers generate ~5% higher ticket and order roughly twice as often as non-loyalty members, with year-over-year loyalty redemption sales growing.
New Product Innovation and Early Success
Launched Pan Pizza (end of January) and oven-toasted sandwiches (end of March) with strong repurchase/early adoption; sandwiches have already exceeded Papadia sales and simplified makeline operations. Introduced Cheesy Garlic Bread as an add-on to drive higher ticket.
Brand Extensions and Strategic Partnerships
Announced wide retail rollout of Papa John's garlic sauce through ~7,500 distribution points (Walmart, Kroger, Albertsons, Safeway, etc.) and a global Toy Story 5 collaboration (June 19) including new 8-inch personal pizzas, packaging, in-app game and international activations to drive trial and customer acquisition.
Supply Chain & Cost Savings Traction
Captured $7 million of supply chain benefits in Q1 (company reported this equates to ~20 basis points of 4-wall margin improvement); on track to realize at least $25 million this year and targeting $60 million of North America system-wide supply chain productivity (estimated ~160 bps 4-wall EBITDA improvement by 2028).
Improved Company-Owned Store Profitability
Domestic company-owned restaurants delivered 4-wall EBITDA of $16.6 million and a 4-wall margin of 11.9%, an improvement of ~140 basis points year-over-year.
Balance Sheet and Liquidity
Total available liquidity of approximately $498 million at quarter-end and covenant leverage ratio of 3.3x, supporting ongoing transformation and refranchising efforts.
Refranchising and Asset-Light Progress
Executed prior refranchising (85 restaurants in Q4 2025) and currently negotiating a 29-restaurant refranchising expected to close in Q3 2026; company expects company-owned restaurants to fall to mid-single digits of the North America system, supporting higher free cash flow over time.
PZZA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PZZA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $33.33 | $32.41 | -2.75% |
Feb 26, 2026 | $33.38 | $30.50 | -8.63% |
Nov 06, 2025 | $39.72 | $41.23 | +3.78% |
Aug 07, 2025 | $38.63 | $41.95 | +8.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Papa John's International (PZZA) report earnings?
Papa John's International (PZZA) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Papa John's International (PZZA) earnings time?
Papa John's International (PZZA) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PZZA EPS forecast?
PZZA EPS forecast for the fiscal quarter 2026 (Q2) is 0.44.
