Papa Johns Tops Q4 Estimates as CEO Touts Progress in Taking Market Share | Global News Avenue

Dad Johns (swing) The fourth quarter earnings were estimated at the highest on Thursday, with pizza maker saying it made good progress in gaining market share.

The pizza chain reported adjusted earnings per share in the fourth quarter of $0.63, with revenue of $530.7 million each quarter from the same period last year, but above the analyst consensus of the visible Alpha Compilation.

Comparable store sales in the North American region of the chain fell 4% year-on-year, in line with estimates, while international compensation sales increased by more than 2% expected.

Papa Johns said that in 2025, it expects sales in North American and international comparable stores to be flat or up 2%, while analysts are currently up to 0.77% and 0.54% respectively.

“I’m happy with the early progress we’ve seen in transformation as we work to improve our perception of value, streamline operations and enhance our digital and loyalty experience,” said CEO Todd Penegor.,,,,, “We have defined strategic priorities as taking market share as we urgently implement initiatives to boost sales momentum in the near future while meaningfully increasing profitability over time.”

Shares of pizza makers rose about 1.6% on Thursday and fell about 35% in the past 12 months.