Earnings

Papa John’s same-store sales rise more than 24%

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Papa John’s International Inc. signage is displayed on top of a delivery vehicle outside of the company’s restaurant in Nashville, Tennessee.

Luke Sharrett | Bloomberg | Getty Images

With consumers flocking to carryout and delivery during the Covid pandemic, Papa John’s has extended its growth streak into August.

From July 27 through Aug. 23, preliminary estimated North American systemwide same-store sales rose 24.2%, while preliminary estimates show international systemwide comparable sales gained 23.3%, the pizza chain said Tuesday. 

Papa John’s previously reported North American systemwide sales growth of 28% in the second quarter, which ended June 28, and 5.3% growth internationally….



Source cnbc.com

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