Comparable-store sales in the first quarter soared 26 percent in North America and 23 percent internationally when compared to the previous year’s first quarter, thanks to its Epic Stuffed Crust pizza.
Robert M. Lynch, president, and chief executive officer attributed the robust sales to Epic Stuffed Crust, which he says has continued to bring in new customers
Lynch said that in the four months they have been promoting the Epic Stuffed Crust, they continue to see growth in that business, and will continue to invest behind it.
Papa John’s International reported net income of $33.9 million, or 83¢ per share on the common stock, which compared to $8.4 million, or 15¢ per share, in the previous year’s first quarter.
Total revenues, at $511.7 million, marked the first time Papa John’s surpassed $500 million in a quarter and was a 25% increase from $409.9 million in the previous year’s first quarter.
Louisville-based Papa John’s will begin to go up against impressive quarters from a year ago when more consumers ordered delivery during COVID-19. Comparable store sales grew 28% in the second quarter of 2020.
Based on its first-quarter strength and continued robust April sales, Papa John's is confident in delivering on-year flat to slightly positive second-quarter sales growth in North America.
With the foodservice market dealing with a labor shortage, Papa John’s was able to retain its drivers with “significantly” higher pay and offering incremental benefits around health care.
The pizza chain also is partnering with DoorDash and leveraging its labor force.


Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook
Dollar Rebounds as Euro, Pound Slip Ahead of Fed Minutes, Yen Near Intervention Zone
US Stock Futures Rise as Investors Eye Fed Minutes, AI Stocks, and Q2 Earnings
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone
easyJet Agrees in Principle to £5.23 Billion Castlelake Takeover Offer
Gold Price Surges Above $4,120 as Weak US Jobs Data Lowers Fed Rate Hike Expectations
Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment
Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend
Iran Begins Oil Sale Talks With Japan Under U.S. Sanctions Waiver Amid Shipping Risks 



