PZZA (Post-Call) Delivers Better-than-Feared 2019 Targets
By Mark Kalinowski
Published on February 26, 2019 at 12:00 AM
After today’s market close, Papa John’s (PZZA; Neutral) reported adjusted Q4 EPS of $0.15, above our $0.12 forecast, and sell-side consensus (according to Consensus Metrix) of $0.15. The Q4 North American same-store sales decline of -8.1% had been previously announced.