Papa John’s International (NASDAQ:PZZA), Inc. saw its shares rise 3.6% on Thursday after reporting second-quarter earnings that outperformed analyst predictions, fueled by stronger sales growth both in the U.S. and abroad.
The company posted adjusted earnings per share of $0.41 for the quarter, surpassing the analyst consensus of $0.35 by 6 cents.
Revenue totaled $529.2 million, beating the forecast of $515.8 million. Comparable sales rose 1% in North America and 4% internationally year-over-year.
Global system-wide restaurant sales hit $1.26 billion, marking a 4% increase compared to the same quarter last year.
“Papa Johns second quarter results exceeded our expectations and are evidence that our strategy is working. We returned to comparable sales growth in North America and achieved strong sales growth internationally, driven by transaction gains as we win more customer visits with a focus on our core pizza business,” stated Todd Penegor, President and CEO.
During the quarter, the company opened 45 new locations worldwide—19 in North America and 26 across international markets. However, net income dropped to $10 million from $13 million in the prior-year period, while adjusted EBITDA declined to $53 million from $59 million.
Following these encouraging results, Papa John’s raised its fiscal 2025 outlook, increasing its guidance for international comparable sales growth to 2-4%, up from a previous forecast of flat to 2%.
Other guidance figures remained steady, with system-wide sales growth expected between 2-5%, and North America comparable sales growth projected flat to 2%.
The pizza chain continues to grow its global presence, operating 5,989 restaurants in 50 countries and territories as of June 29, 2025, reflecting a trailing twelve-month net restaurant growth of 2%.
Papa John’s International stock price
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