Thursday August 8, 2024, 09:17:27
By Mark Kalinowski
Earlier today (Thursday), Papa Johns reported second-quarter adjusted EPS of $0.61 despite weaker-than-expected North American same-store sales. This EPS result was above our $0.53 forecast and sell-side consensus (according to Consensus Metrix) of $0.53. Relative to our model, better-than-expected domestic commissary margins helped.
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Thursday May 9, 2024, 09:13:09
By Mark Kalinowski
Earlier today (Thursday), Papa Johns reported that its Q1 adjusted EPS amounted to $0.67. This was ahead of our $0.60 forecast and sell-side consensus (according to Consensus Metrix) of $0.57.
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Thursday February 29, 2024, 09:23:38
By Mark Kalinowski
Earlier today (Thursday), Papa Johns reported adjusted Q4 EPS of $0.91, coming in ahead of our $0.75 forecast and sell-side consensus (according to Consensus Metrix) of $0.71. We attribute part of the earnings beat to better-than-expected margins at company-operated stores. Fourth-quarter Domestic Company-Owned Restaurant Expenses/Domestic Company-Owned Restaurant Sales came in at 26.4%, more favorable than our 27.5% estimate. Lower year-over-year cheese costs helped.
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