PZZA: Adjusting Our Estimates (10/1/2024)
Concurrent with this report, we are publishing our report entitled “Updating our Q3 Kalinowski Quick-Service Pizza Same-Store Sales Index.” In that report, we note that we are keeping unchanged our Q3E same-store sales forecast for Papa Johns North American of -5.5%. As of this writing, sell-side consensus (according to Consensus Metrix) is at -5.6%.