Papa John’s: 2Q Earnings Snapshot
LOUISVILLE, Ky. (AP) _ Papa John’s International Inc. (PZZA) on Tuesday reported second-quarter earnings of $11.8 million.
On a per-share basis, the Louisville, Kentucky-based company said it had net income of 36 cents. Earnings, adjusted for non-recurring costs, came to 49 cents per share.
The pizza chain posted revenue of $408 million in the period.
Papa John’s expects full-year earnings in the range of $1.30 to $1.80 per share.
Papa John’s shares have declined 27 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $41.07, a decline of 48 percent in the last 12 months.