Papa John's Preliminary Q4 Global System-wide Sales Roughly Flat Exc. 53rd Week

(RTTNews) - Papa John's International (PZZA) reported Preliminary fourth quarter Global system-wide sales of approximately $1.2 billion, an approximately 8% decrease from the prior year fourth quarter due to the additional week of operations in fiscal 2023. Excluding the 53rd week in 2023, global system-wide sales were roughly flat.

The company reported preliminary full year Global system-wide sales of approximately $4.9 billion, an approximately 3% decrease from fiscal 2023. Excluding the 53rd week, global system-wide sales were down approximately 1%.

"We are pleased with the progression of our transaction trends and new restaurant openings in the fourth quarter," said Todd Penegor, Papa Johns CEO.

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