NASDAQ$PZZA

Papa John's International Inc · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Papa John's reported an increase in revenue and adjusted EPS, driven by innovation and unit growth.

Papa John's International, Inc. announced strong Q3 2021 financial results with an 8.4% increase in total company revenues to $512.8 million. Comparable sales in North America rose by 6.9% and internationally by 8.3%. Adjusted earnings per diluted share grew to $0.83 from $0.35 year-over-year. The company also authorized a new $425 million share repurchase program.

  • Total company revenues increased by 8.4% to $512.8 million.
  • North America comparable sales grew by 6.9%, and international comparable sales grew by 8.3%.
  • Adjusted earnings per diluted share increased to $0.83, up from $0.35 year-over-year.
  • The company authorized a new $425 million share repurchase program.

Headline financials

Total Revenue

$513M

Previous: $473M+8.4%
EPS (adj)

$0.83

Previous: $0.35+137.1%
NA Comp Sales Growth

6.9%

Previous: 23.8%-71.0%
International Comp Growth

8.3%

Previous: 20.7%-59.9%
Global System-wide Growth

11.2%

Previous: 21.6%-48.1%
Capital Expenditures

-$41.3M

Previous: -$24.3M-70.3%
Free Cash Flow

-$12.1M

Previous: -$8.56M-41.0%
Net Income

$29.3M

Previous: $15.7M+86.2%
Operating Income

$38.6M

Previous: $24.5M+57.1%
Gross Profit

$513M

Previous: $473M+8.4%
Cash & Equivalents

$106M

Previous: $140M-24.4%
Total Assets

$890M

Previous: $817M+9.0%
Stock-Based Comp

$4.32M

Previous: $4.33M-0.3%

Revenue & EPS history

Papa John's · Revenue · Quarterly

$513M

Q3 2021+8.4%vs Q3 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Papa John's · $451M total across 4 segments · Q3 2021

  • Domestic Company-owned
    $192M+7.4%
  • North America Commissaries
    $189M+4.3%
  • International
    $38.4M+14.9%
  • North America Franchising
    $31.9M+26.3%

Forward guidance

The document does not contain specific forward guidance. Therefore, forward guidance is not available in this JSON.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

+0.9%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+0.6%

Avg return

30 days after

60%

44 / 73 earnings

Positive

+17.6%

Q1 2012

Best reaction

-17.2%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.7%+0.9%-5.6%
Q4 2025-8.6%-5.4%-6.1%
Q3 2025+3.7%+2.4%-0.2%
Q1 2025+15.9%+24.5%+49.9%
Q4 2024+1.4%+0.8%-13.8%
Q3 2024-5.4%-12.4%-16.3%
Q2 2024+5.6%+9.2%+10.4%
Q1 2024-6.7%-8.0%-17.7%
Q4 2023-0.3%+0.8%-5.1%
Q3 2023+4.2%+3.6%+3.7%
Q2 2023-0.6%+0.2%-5.5%
Q1 2023+3.1%+3.3%-4.6%
Q4 2022-7.3%-9.1%-17.4%
Q3 2022+2.7%+3.9%+13.1%
Q2 2022-5.0%-6.2%-18.1%
Q1 2022-5.8%-7.2%-5.3%
Q4 2021+0.6%+2.2%-5.8%
Q3 2021+7.3%+7.1%+0.8%
Q2 2021+4.1%+4.4%+13.3%
Q1 2021+5.7%+3.2%+0.8%
Q4 2020-12.1%-12.1%-13.9%
Q3 2020+9.7%+4.7%+6.2%
Q2 2020-1.0%-5.5%-8.8%
Q1 2020+6.1%+9.1%+3.8%
Q4 2019-13.6%+6.0%+45.0%
Q3 2019+9.4%+9.5%+5.7%
Q2 2019+3.6%+7.7%+15.7%
Q1 2019-2.3%-1.9%-5.4%
Q4 2018+2.1%+3.5%+24.1%
Q3 2018+3.4%+1.3%-16.0%
Q2 2018-8.0%-4.9%+9.1%
Q1 2018-4.3%-11.1%-12.2%
Q4 2017+0.8%+5.9%+0.1%
Q3 2017-7.1%-8.3%-12.8%
Q2 2017+9.3%+7.9%+4.9%
Q1 2017+0.7%+3.2%+4.2%
Q4 2016-7.5%-8.5%-13.6%
Q3 2016+4.0%+2.7%+15.7%
Q2 2016+4.3%+1.8%+1.3%
Q1 2016+4.4%
Q4 2015+12.3%
Q3 2015-17.2%
Q2 2015-6.4%
Q1 2015+2.4%
Q4 2014-1.8%
Q3 2014+7.1%
Q2 2014-4.9%
Q1 2014-2.9%
Q4 2013+7.2%
Q3 2013+0.5%
Q2 2013+3.8%
Q1 2013+1.9%
Q4 2012-8.1%
Q3 2012-5.4%
Q2 2012+1.7%
Q1 2012+17.6%
Q4 2011-7.0%
Q3 2011+6.6%
Q2 2011-1.5%
Q1 2011-0.8%
Q4 2010+0.5%
Q3 2010-2.6%
Q2 2010-5.5%
Q1 2010+2.1%
Q4 2007+7.3%
Q4 2009+7.3%
Q3 2008+0.7%
Q3 2009+0.7%
Q2 2009+7.0%
Q1 2008+6.8%
Q4 2008+6.8%
Q2 2008+6.8%
Q1 2009+6.8%

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