---
title: "Papa John’s, Domino’s Stock Tanks Despite Sales Bump"
url: https://burnaze.com/article/9b671c89-3d4d-44b6-93fb-97a10a9b86c8
source: "1851 Franchise"
original_url: https://1851franchise.com/papa-johns-dominos-stock-tanks-despite-sales-bump-2715100
category: "Restaurants"
industry: "Restaurants"
published: 2021-02-25T17:12:21.000Z
modified: 2026-11-01T02:26:19.942Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/fe70bc9d45210cef05fec8a0169d994d8136.jpg
---

# Papa John’s, Domino’s Stock Tanks Despite Sales Bump

**TL;DR:** Papa John's and Domino's Pizza reported double-digit growth in same-store sales in 2020, but their stocks dropped after Q4 earnings reports showed they fell short of profitability expectations. Papa John's and Domino's saw same-store sales increases of 15.5% and 11.2% in the US, respectively.

*originally published in 1851 Franchise on 2021-02-25. [Read the original](https://1851franchise.com/papa-johns-dominos-stock-tanks-despite-sales-bump-2715100).*

## Story

Papa John’s and Domino’s Pizza, two of the world’s largest pizza brands, reported double-digit growth in same-store sales throughout 2020 but still saw their stocks drop after Q4 earnings reports released on Thursday showed both brands fell short of profitability expectations.

Still, the pizza giants’ earnings point to a largely positive trend in their segment: The pandemic has been great for off-premise restaurant sales, particularly pizza.

Papa John’s actually beat its revenue expectations, posting $469.8 million versus the $467.9 million expected, but the brand missed on earnings, posting earnings per share of 40 cents versus 46 cents expected. The franchisor blamed rising food costs and employee bonuses for the lapse in profitability, but its same-store sales jumped 15.5% in the quarter, mostly led by international stores.

Domino’s narrowly missed revenue expectations, posting $1.36 billion versus $1.38 expected and missed more widely on earnings per share, which fell at just $3.46 versus the expected $3.85. The brand’s U.S. same-store sales shot up 11.2% for the quarter while international same-store sales growth reached 7.3%.

Pizza Hut reported an eight-percent increase in same-store sales in the U.S. but a seven-percent drop internationally for a total of a one-percent drop across the brand.

At the time of this article’s publication, Domino’s stock was down more than seven percent, and Papa John’s was down more than 13%.

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- Domino's (company)
- Pizza Hut (company)
- Papa Johns (company)
- same store sales (topic)
- pizza industry (topic)
- q4 earnings (topic)
- stock performance (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/papa-johns-dominos-stock-tanks-despite-sales-bump-2715100). Summarized by Burnaze (https://burnaze.com/article/9b671c89-3d4d-44b6-93fb-97a10a9b86c8).