Papa John's International 株価情報 (NASDAQ: PZZA)

最新ニュース Papa John's International (NASDAQ:PZZA) 株価情報

PAPA JOHN'S INTL INC

Papa John's International

Papa John's is one of the largest players in the global QSR, or quick-service restaurant, pizza market, boasting more than 6,000 restaurants across nearly 50 countries at the end of 2024. The firm operates a predominantly franchised system, owning 9% of its restaurants and generating revenue from franchise royalties, sales of pizza and related products at its company-owned stores, and sales from its commissary supply chain. The firm is the fourth-largest limited-service pizza chain globally and third in the US (Euromonitor International), with a sizable presence in the UK, China, South Korea, and Chile.

Papa John's International, Inc. - Common Stock

Papa John's International Inc

Benchmark analyst Todd Brooks reiterates Papa John's International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) with a Buy and maintains $50 price target.

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PZZA

Benchmark Reiterates Buy on Papa John's International, Maintains $50 Price Target

Loop Capital analyst Alton Stump maintains Papa John's International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) with a Buy and lowers the price target from $60 to $56.

Loop Capital Maintains Buy on Papa John's International, Lowers Price Target to $56

Stephens &amp; Co. analyst Jim Salera reiterates Papa John's International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) with a Overweight and maintains $50 price target.

Stephens & Co. Reiterates Overweight on Papa John's International, Maintains $50 Price Target

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Papa John's International shares are trading higher after the company reported better-than-expected Q1 financial results.

Papa John&#8217;s International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) shares traded higher on <a href="https://www.benzinga.com/movers" target="_blank" rel="noreferrer noopener">Thursday in the premarket session.</a>
The company reported first-quarter adjusted earnings per share of 36 cents, <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/b45280875/papa-johns-announces-first-quarter-2025-financial-results" rel="noreferrer noopener">beating the analyst consensus estimate of 35 cents</a>. Quarterly sales of $518.31 million (up 1% year over year) outpaced the Street view of $513.55 million.
The higher revenues were largely attributable to an $11.4 million increase in Commissary revenues, reflecting higher commodity prices during the quarter.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/restaurants/25/04/44907247/restaurant-sector-q1-volatilty-from-weather-inflation-analyst-lowers-price-targets" rel="noreferrer noopener">Restaurant Sector Q1 Volatilty From Weather, Inflation — Analyst Lowers Price Targets</a>
North American comparable sales fell 3% year over year, with company-owned stores down 5% and franchised ones down 2%.
In contrast, international comparable sales rose 3% from last year&#8217;s quarter.
Global system-wide restaurant sales were $1.22 billion, a 1% increase from the prior year&#8217;s first quarter.
The quarterly adjusted EBITDA&nbsp;was $50 million compared with $61 million in the prior year quarter.
Adjusted EBITDA was $49.6 million, a $10.9 million decrease from the prior year&#8217;s first quarter.
Papa John&#8217;s <a target="_blank" href="https://ir.papajohns.com/financials/sec-filings/content/0001628280-25-023439/0001628280-25-023439.pdf" rel="noreferrer noopener">said </a>the proposed U.S. tariffs are unlikely to significantly hurt its domestic business, as most ingredients are sourced locally. However, the broader impact on consumer spending and franchisee profitability is uncertain and could affect the company&#8217;s performance.
The company exited the quarter with cash and equivalents worth $44.012 million and inventories worth $37.195 million.
Outlook: Papa John's reaffirmed its FY25 outlook, expecting system-wide sales growth of 2% to 5% and adjusted EBITDA between $200 million and $220 million.
The company also projects 85 to 115 new restaurant openings in North America and 180 to 200 internationally.
Price Action: PZZA shares are trading higher by 5.11% to $35.00 premarket at last check Thursday.
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Photo: Shutterstock

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Restaurants

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General

Papa John's Tops Q1 Estimates, Notes Limited Tariff Impact But Flags Consumer Spending Uncertainty

Papa John's FY25 Outlook Reaffirmed: System-Wide Sales Up 2%-5%, Adjusted EBITDA $200M-$220M, North America Gross Restaurant Openings 85-115, International 180-200

Papa John's International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.35 by 2.86 percent. This is a 46.27 percent decrease over earnings of $0.67 per share from the same period last year. The company reported quarterly sales of $518.31 million which beat the analyst consensus estimate of $513.55 million by 0.93 percent. This is a 0.85 percent increase over sales of $513.92 million the same period last year.

Earnings Beats

Papa John's International Q1 Adj. EPS $0.36 Beats $0.35 Estimate, Sales $518.31M Beat $513.55M Estimate

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Earnings Scheduled For May 8, 2025

UBS analyst Dennis Geiger maintains Papa John's International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) with a Neutral and lowers the price target from $45 to $38.

UBS Maintains Neutral on Papa John's International, Lowers Price Target to $38

BofA Securities analyst Sara Senatore provides an analysis for restaurant sector performance in the first <a href="https://trello.com/c/f3PFGoRF/331021-restaurants-q1-previewbofa">quarter</a>.
Restaurant demand showed mixed results due to weather and a calendar shift, said the analyst. 
Black Box industry data revealed a deceleration in same-store sales growth (SSSG) across all segments from January to February, but March saw improvement, excluding Fine Dining. 
Restaurant spending growth improved in March, with chain spending recovering from -7.5% in February to -3.5%.
Independent restaurants saw a rise in spending, from -2.7% in February to +1.3%. The rebound was attributed to better weather and the impact of the calendar shift in February. 
In the first quarter, prices for soybeans, wheat and soybean oil continued to deflate, though at a slower rate than in the fourth quarter of FY24. 
Also Read: <a href="https://www.benzinga.com/news/25/04/44897010/chipotle-to-open-first-mexico-restaurant-by-2026">Chipotle To Open First Mexico Restaurant By 2026</a>
Coffee prices surged, increasing by 96.8% year-over-year, up from 56.8% in the fourth quarter. Beef inflation rose to 5.5%, compared to 1.3% in the previous quarter.
Cheese prices decreased by 1.8%, while dairy inflation slowed to 1.3%. Futures markets predict deflation in several commodities in the second quarter of 2025, but coffee, natural gas and beef are expected to see inflation, noted the analyst.
Restaurants index in the S&amp;P 500 is trading at 1.2x forward EPS, below its 5-year, 10-year and 15-year averages of 1.4x.
Industry data indicates a demand recovery in March after weak months in January and February. While consensus expectations for restaurants remain high, first-quarter results may fall short of estimates. 
Investors are focused on April trends and the potential impact of tariffs on consumer sentiment, traffic and COGS inflation.
So, keeping the above points in mind, the analyst has lowered the price targets for Bloomin&#8217; Brands Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>), Dutch Bros Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>), Cheesecake Factory Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAKE#NASDAQ">CAKE</a>), Cracker Barrel Old Country Store Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBRL#NASDAQ">CBRL</a>), Chipotle Mexican Grill Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), Krispy Kreme Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNUT#NASDAQ">DNUT</a>), Domino&#8217;s Pizza Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NASDAQ">DPZ</a>), Brinker International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>), Jack In The Box Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>), McDonald&#8217;s Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), Papa John&#8217;s International Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>), Restaurant Brands International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>), Starbucks Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), Sweetgreen Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SG#NYSE">SG</a>), Shake Shack Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>), Sysco Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>), Texas Roadhouse Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXRH#NASDAQ">TXRH</a>), Wendy&#8217;s Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEN#NASDAQ">WEN</a>), Wingstop Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WING#NASDAQ">WING</a>), and Yum! Brands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>).
Read Next: • <a href="https://www.benzinga.com/news/25/04/44895043/target-rolls-out-standalone-flower-brand-good-little-garden">Target Rolls Out Standalone Flower Brand &#8216;Good Little Garden&#8217;</a>
Photo: <a href="https://www.shutterstock.com/g/Rawpixel">Rawpixel.com</a> via Shutterstock

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Restaurant Sector Q1 Volatilty From Weather, Inflation — Analyst Lowers Price Targets

Benchmark analyst Todd Brooks maintains Papa John's International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) with a Buy and lowers the price target from $65 to $50.

Benchmark Maintains Buy on Papa John's International, Lowers Price Target to $50

Stifel analyst Chris O'Cull maintains Papa John's International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) with a Hold and lowers the price target from $40 to $38.

Stifel Maintains Hold on Papa John's International, Lowers Price Target to $38

Papa John&#8217;s International Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) and Alphabet Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google Cloud have entered a expanded multi-year partnership.
What Happened: The pizza chain will migrate to a Google Cloud-based point-of-sale (POS) system, enabling intelligent dispatching, route optimization, and automation of key restaurant processes. 
By integrating artificial intelligence, the franchise hopes to streamline food orders, enhance customer engagement, and optimize delivery logistics.
Papa Johns has also introduced PJX, a specialized team that utilizes Google Cloud's AI, data analysis, and machine learning (ML) technologies.
The company anticipates that these advancements will lead to more frequent orders, higher spending per purchase, and reduced customer service expenses.
Also Read: <a href="https://www.benzinga.com/25/04/44624263/netflix-expands-language-options-for-tv-viewers">Netflix Rolls Out Enhanced Subtitle &amp; Dubbing Options On TV</a>
&#8220;Our partnership with Google Cloud will enable us to take personalization to the next level,&#8221; President and CEO Todd Penegor.
One of PJX's key focuses is using AI to anticipate customer needs. By leveraging Google BigQuery, Vertex AI, and Gemini, the system will suggest orders through push notifications and emails based on user preferences and upcoming events such as birthdays or sports games.
Google's generative AI is expected to improve Papa Johns&#8217; loyalty program via customized discounts, special promotions, and targeted advertisements aligned with individual preferences and previous purchasing history.
Additionally, Papa Johns will implement an AI-powered chatbot to handle routine inquiries while transferring complex issues to live agents. The integration of voice AI for ordering will further streamline interactions. 
Price Action: PZZA shares traded lower by 0.98% at $41.46 at last check Thursday.
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Image: Shutterstock

GOOGL

AI-Powered Pizza? Papa Johns Taps Google Cloud For Smarter Orders

ATLANTA and SUNNYVALE, Calif., April 3, 2025 /PRNewswire/ -- Google Cloud today announced an expanded multi-year partnership with Papa Johns to revolutionize the pizza maker's ordering and delivery experience using the power of artificial intelligence (AI). Through the partnership Papa Johns has created an innovation team, named PJX, that will leverage Google Cloud's AI, data analytics and machine learning (ML) capabilities to provide a more frictionless and consistent experience for customers both inside its restaurants and throughout its digital channels.
Through its partnership with Google Cloud, Papa Johns expects to drive success through increased order frequency, higher-value orders, reduced customer service costs, improved customer satisfaction (via a chatbot powered by Google Cloud's technology) – and ultimately, more joyful pizza experiences.
"At Papa Johns, our aspiration is to be the best pizza makers in the business. Being the best means we are crafting great pizza and providing every single customer a superior experience along every part of their journey – from ordering, to delivery, to our loyalty program," said Todd Penegor, President and CEO, Papa Johns. "Our partnership with Google Cloud will enable us to take personalization to the next level. We're not just reacting to orders – we're anticipating our customers' needs and proactively providing tailored recommendations and offers. This isn't just about convenience; it's about creating a truly joyful and personalized pizza experience that builds lasting loyalty."

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Papa Johns And Google Cloud Enters Partnership To Deliver AI-Powered Pizza Experiences

Stifel analyst Chris O'Cull maintains Papa John's International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) with a Hold and lowers the price target from $45 to $40.

Stifel Maintains Hold on Papa John's International, Lowers Price Target to $40

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Shares of companies within the broader consumer discretionary sector are trading higher amid a continued market rebound despite mixed sales data.

Stephens &amp; Co. analyst Jim Salera maintains Papa John's International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) with a Overweight and lowers the price target from $60 to $58.

Stephens & Co. Maintains Overweight on Papa John's International, Lowers Price Target to $58

Wedbush analyst Nick Setyan reiterates Papa John's International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) with a Outperform and maintains $60 price target.

Wedbush Reiterates Outperform on Papa John's International, Maintains $60 Price Target

Papa John&#8217;s International Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>) shares are <a href="https://www.benzinga.com/premarket">trading higher in premarket</a> on Thursday after the fourth-quarter FY24 earnings.
The company reported <a href="https://www.benzinga.com/pressreleases/25/02/b44002337/papa-johns-announces-fourth-quarter-and-full-year-2024-financial-results">fourth-quarter FY24 sales growth of 7%</a> year-on-year to $530.77 million, beating the analyst consensus estimate of $515.994 million.
The lower revenues were largely attributable to approximately $41 million in 2023 from the additional week of operations and a $17.8 million decrease in company-owned restaurant revenues.
Adjusted EPS of $0.63 <a href="https://www.benzinga.com/earnings">topped the Street view </a>of $0.50.
Total comparable sales dropped 2.8% versus a growth of 0.1% last year. Comparable sales declined 4% in North America and improved 2% Internationally.
Total global system-wide restaurant sales decreased 7.9%.
The operating margin was 5.6%, and operating income for the quarter plunged 30.6% to $29.5 million.
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The company held $37.9 million in cash and equivalents as of December 29, 2024. It generated an operating cash flow of $106.6 million for the twelve months with a free cash flow of $34.1 million.
Papa John&#8217;s recorded 122 net unit growth in the quarter. As of December 29, 2024, there were 6,030 Papa Johns restaurants operating in 51 countries and territories.
The company has $369.1 million remaining available under its share repurchase program as of April 29, 2022.
The company&#8217;s first quarter dividend of $0.46 per common share will be paid on February 21, to stockholders of record on February 10.
&#8220;I am pleased with the early progress we are seeing in our transformation as we work to improve our value perception, simplify our operations, and enhance our digital and loyalty experiences. These efforts helped to deliver results consistent with our fourth quarter expectations,&#8221; said President and CEO Todd Penegor.
Outlook 2025:&nbsp;Papa John&#8217;s sees system-wide sales growth of 2% &#8211; 5%. The company expects adjusted EBITDA of $200 million &#8211; $220 million.
Papa John&#8217;s expects North America gross restaurant openings of 85 &#8211; 115 and International 180 &#8211; 200.
Price Action:&nbsp;PZZA shares are trading higher by 5.97% at $49.00 in premarket on Thursday.
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Image: Shutterstock

Papa John's Posts Q4 Earnings Above Street View; Stock Rises

Press Releases

Papa Johns Declares Quarterly Dividend

Papa Johns to Report Fourth Quarter and Full Year 2024 Results on February 27, 2025

MEDIA ADVISORY: Papa Johns Canada to Present $73,411 Donation to Second Harvest

Papa Johns Raises $73,411 for Canadian Nonprofit

Papa Johns Announces Fourth Quarter and Full Year 2024 Financial Results

Papa Johns Announces Completion of Amended Credit Facilities, Further Strengthening Financial Foundation to Support Execution of Strategic Objectives

Papa Johns to Report First Quarter Results on May 8, 2025

Papa Johns and Google Cloud Team Up to Deliver AI-Powered Pizza Experiences

Papa Johns Announces First Quarter 2025 Financial Results

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