Papa John's (PZZA) Misses Q3 EPS by 2c, Revenues Miss; Offers EPS Mid-Point Outlook Below Consensus
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Papa John’s Announces Third Quarter 2018 Results
November 6, 2018 4:15 PM ESTLOUISVILLE, Ky.--(BUSINESS WIRE)-- Papa Johns International, Inc. (NASDAQ: PZZA) today announced financial results for the three and nine months ended September 30, 2018.
Highlights
Loss per diluted share of ($0.41) and adjusted earnings per diluted share of $0.20 in the third quarter of 2018, excluding the impact of Special items; adjusted earnings per diluted share down 66.7% from the third quarter 2017 of $0.60 System-wide North America comparable sales decrease of 9.8% International comparable sales decrease of 3.3%; total international sales increase of 10.0%, driven by unit growth... More