Papa Johns

Papa John’s Q2 revenues rise 4% to $529m

Papa John’s has reported that group revenues rose 4% to $529m (£393m) in the second quarter to 29 June, mainly driven by higher commissary sales.  This comes despite a year-on-year drop in revenues caused by the closure and refranchising of more than 100 restaurants in 2024.  Revenues from company-owned international…

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WSCS Global launches exclusive paper cutlery

WSCS Global is launching a new planet-conscious paper cutlery solution for consumers to eat food on the go. Unlike traditional on-the-go cutlery, WSCS’s paper cutlery combines multiple layers of paper for added strength, and is precision-cut for a smooth and comfortable eating experience every time. By manufacturing in India in partnership…

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Papa John’s FY revenues fall 4% to $2.06bn

Papa John’s has revealed that total revenues fell by 4% to $2.06bn (£1.64bn) in the year to 29 December 2024, as global restaurant sales fell by 3% to $4.85bn (£3.85bn). It comes as North American sales were down 4% from 2023, while sales at the group’s international restaurants fell by…

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Today’s news in brief – 15/10/24

Papa Johns’ UK arm has reported that pre-tax losses widened to £18.5m in FY23 from a previous loss of £2.9m in 2022. The group saw its turnover rise slightly from £95.1m to £95.9m during 2023 in the UK. It comes after the group revealed earlier in March 2024 that it…

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Papa Johns UK losses widen to £18.5m in FY23

Papa Johns’ UK arm has reported a pre-tax loss of £18.5m for the year ended 31 December 2023, which widened from a previous loss of £2.9m in 2022. According to the group’s filings with Companies House, Papa Johns in the UK saw its turnover rise slightly from £95.1m to £95.9m…

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Papa John’s names Todd Penegor as new president and CEO

Papa John’s has announced the appointment of Todd Penegor as its new president and chief executive officer, effective immediately.  Penegor succeeds interim CEO Ravi Thanawala in the role. Having held the role since March of this year, Thanawala will continue at the group in his chief financial officer role.  Having…

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Today’s news in brief – 04/03/24

Foodservice price inflation decreased to 12.6% in January, according to new figures by the CGA Prestige Foodservice Price Index. It stated that the figures male up the seventh successive month-on-month fall in inflation as markets adjust to falling commodity pricing. Papa Johns will be closing 50 takeaways across the UK…

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Papa Johns set to close 50 ‘underperforming’ UK sites

Papa Johns has announced that it is set to close 50 takeaways in the UK as a result of underperformance. The pizza chain, which runs more than 450 UK sites, has stated that the sites signposted for closure had accounted for two thirds of its Q4 operating losses in the…

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Wetherspoon agrees deal with Haven for on-site pub

JD Wetherspoon has announced that it has agreed a deal with holiday park operator Haven to operate pubs on its sites. The agreement will see £1.1m invested into the first Wetherspoon pub, which will open its doors in March at Primrose Valley in North Yorkshire. The deal means that Haven…

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Papa John’s global restaurant sales up 2% in Q2

Papa John’s revealed that its global system-wide restaurant sales reached $1.22bn (£0.96bn) in the second quarter ended 25 June, showing a 2% increase from the prior year’s Q2.  During the period, the pizza chain also opened a total of 47 stores internationally and is on track to achieve 270 to…

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