Wednesday August 31, 2022, 07:00:00

PZZA: Some Cheesy Adjustments to Our EPS Estimates

By Mark Kalinowski

On August 4th, when Papa Johns reported its Q2 earnings and hosted its related conference call, the company noted that its commodity costs were up by +18% year-over-year in Q2. The company cited cheese as a particular concern.

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Thursday August 4, 2022, 09:56:23

PZZA (Post-Call): Lowering Estimates as Margin Pressures Mount

By Mark Kalinowski

Earlier today, Papa Johns reported adjusted Q2 EPS of $0.74, coming in a little light of our $0.77 forecast and sell-side consensus (according to Consensus Metrix) of $0.75.

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Wednesday June 22, 2022, 07:00:00

PZZA: Updating Our Q2E Same-Store Sales Estimate

By Mark Kalinowski

Papa Johns continues to be amongst the most innovative pizza concepts in the U.S., with the first line extension of Epic Stuffed Crust Pizzas – the Epic Pepperoni Stuffed Crust Pizza – having officially launched nationwide on April 18th. In addition, we would not be surprised to see Papa Bowls go nationwide as soon as mid-July (supply-chain issues permitting).

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