Todd Penegor — page 2

Mature restaurant brands are diversifying menus beyond core offerings to capture market share amid flat industry traffic and intense value competition.

The pizza giant is expanding its brand presence by bringing its signature dipping sauce to 7,500 retail locations, including Walmart and Kroger, this summer.

Papa Johns is focusing on a long-term transformation plan involving innovation and operational discipline to offset negative same-store sales and macroeconomic pressures.

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The pizza chain is standing by its long-term guidance despite a 6.4% drop in domestic comparable sales and the impact of refranchising 85 locations.

One of Todd Penegor’s first priorities after being named Papa Johns CEO in August 2024 was to optimize the menu to focus on core offerings while “paving the way for more impactful products.”

Papa Johns saw North American same-store sales fall 6.4% in the first quarter as the pizza chain struggled with cautious consumer spending and heavy competitor discounting.

Papa Johns reported its worst quarterly performance in years as North American comparable store sales fell 6.4%, driven by lower customer acquisition and smaller average order sizes.

Global system-wide restaurant sales were $1.20 billion, a 3% decrease compared with the prior year first quarter.

Platforms like Uber Eats and DoorDash can bring new visibility and customers to pizza chains.

Sales of Papa Johns and Pizza Hut could be close, as both restaurant brands are likely to be taken private so new owners can take measures to improve their performance.

Papa John's to report Q1 2026 results on May 7

(BUSINESS WIRE)-- Papa John’s International, Inc. (Nasdaq: PZZA) (“Papa Johns®”) today announced that members of its leadership team will participate in the 2026 UBS Global Consumer and Retail Conference.

Papa Johns reports $4.92 billion in global system-wide restaurant sales for 2025.

Papa Johns to report Q4 and 2025 results on February 26, 2026

Papa Johns promotes Ravi Thanawala to CFO and President, North America

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Papa John’s International, Inc.

Papa Johns to report Q3 results on November 6, 2025.

North America comparable sales increased 1% from a year ago as Domestic Company-owned restaurants were flat and North America franchised restaurants were up 1%.

Papa Johns to report Q2 results on August 7, 2025.

Papa Johns promotes Caroline Miller Oyler to Chief Administrative Officer

Members of Papa John's leadership team will participate in the 2025 Oppenheimer Consumer Growth and E-Commerce Conference.

North America comparable sales were down 3% from a year ago as Domestic Company-owned restaurants were down 5% and North America franchised restaurants were down 2%.

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).