Back to top

Image: Bigstock

Papa John's International Inc.

Read MoreHide Full Article

Papa John’s shares have underperformed the industry in the past year. The company’s disappointing performance in first-quarter 2018 further hampered investor sentiment. While earnings missed the Zacks Consensus Estimate for the second straight quarter, revenues lagged the same after two consecutive beats.  Further, decline in comps over the past couple of quarters is a major concern. The decline in North America restaurants comparable sales and decrease in North America commissary sales on weak volumes led to the downside. Meanwhile, its commitment to provide quality food is commendable and should continue appealing the health-conscious customers. The company is also focusing on digital innovation to attract new customers, and drive growth and efficiency. Papa John’s strategic partnerships, large scale expansion plans and increased focus on franchising bode well too.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Papa Johns International, Inc. (PZZA) - free report >>

Published in