Latest news with #ToddPenegor
Miami Herald
19-07-2025
- Business
- Miami Herald
Papa Johns announces wild new menu deal to win back customers
As kids, many of us saw pizza as a delicacy we would only earn for behaving well, accomplishing an achievement, or celebrating a birthday party. Some may fondly remember class pizza parties as a reward for reaching the monthly reading goal, or a family pizza night granted because we went through an entire day without getting in a fight with our siblings. Don't miss the move: Subscribe to TheStreet's free daily newsletter As we got older, many of us realized that what felt like a grand reward was also a way for adults to feed us a cheaper meal and trick us into thinking it was special. Related: Little Caesar's makes move to win Domino's, Pizza Hut customers Nonetheless, the memories are worth more than the $5 pizza they came with. To this day, pizza chains are still releasing value deals to keep us hooked, but these days, it may be because many are struggling to make ends meet. Image source: Bloomberg/Getty Images Papa Johns (PZZA) has been struggling lately, with North America comparable sales dropping nearly 3% year over year during the first quarter of fiscal 2025. The company attributed this decline to ongoing economic uncertainty and market volatility. Consumers remain financially challenged, prompting them to scale back on their spending, while competition among rival pizza chains intensifies. All these factors combined have impacted Papa Johns' sales in the U.S. market. More Food News: Popular Mexican restaurant chain expands to new marketBurger King menu adds wild kids' meal toys parents will want tooPopular chicken chain is begging customers to give it another chance "While there is still work to be done to unlock our full potential, we are moving forward with a sense of urgency and confidence in our ability to deliver on our promise to be the best pizza makers in the business," said Papa Johns CEO Todd Penegor in an earnings call. To reverse declines and widen its price range, the company has strategically created a better balance between full-priced menu items and value offerings. In March, Papa Johns heavily promoted its Epic Stuffed Crust Pizza, priced at around $13.99, alongside its $6.99 Papa Pairings deal, which it says helped increase pizza orders during the national promotion. Papa Johns has launched a limited-time promotion where customers can get a free large one-topping pizza by purchasing any large pizza at regular menu price, allowing them to get two pizzas for the price of one. This deal can be redeemed until July 27 at all participating Papa Johns locations nationwide when ordering through the app or official website. However, Papa Johns is not the only pizza chain using this deal strategy to lure customers into its doors. Related: Coca-Cola brings back controversial Coke flavor Rivals like Pizza Hut, Domino's, and Little Caesars have also joined the promotional train to defeat this concerning consumer trend, adding fire to the competition. Yum! Brands' (YUM) Pizza Hut recently released the "$2 Tuesday Deal," which lets customers get a one-topping Personal Pan Pizza for $2 every Tuesday in July. Domino's (DPZ) launched its "Mix & Match Deal," where customers can choose any two or more select menu items for $6.99 each. Little Caesars entered the value meal trend by unveiling the new "More for $9.99," which lets customers mix and match multiple items to create their pizza feast for $9.99. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
Yahoo
02-07-2025
- Business
- Yahoo
Papa Johns to Report Second Quarter Results on August 7, 2025
LOUISVILLE, Ky., July 02, 2025--(BUSINESS WIRE)--Papa John's International, Inc. (Nasdaq: PZZA) ("Papa Johns©") will release its second quarter financial results before the market opens on Thursday, August 7, 2025, with a conference call to follow at 8:00 a.m. ET. Participants on the call will include Todd Penegor, President and Chief Executive Officer, Ravi Thanawala, Chief Financial Officer and EVP, International, and Heather Hollander, SVP Strategy, Investor Relations, and Financial Planning and Analysis. To listen to the webcast, participants should register online at Participants are requested to register a day in advance or at least a minimum 15 minutes before the start of the call. A replay of the webcast will be available approximately two hours after the call and archived on the same web page. About Papa Johns Papa John's International, Inc. (Nasdaq: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS. BETTER PIZZA.® Papa Johns believes that using high-quality ingredients leads to superior quality pizzas. Its original dough is made of only six ingredients and is fresh, never frozen. Papa Johns tops its pizzas with real cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day and meat free of fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa Johns is co-headquartered in Atlanta, Ga. and Louisville, Ky. and is the world's third-largest pizza delivery company with more than 6,000 restaurants in approximately 50 countries and territories. For more information about the company or to order pizza online, visit or download the Papa Johns mobile app for iOS or Android. View source version on Contacts Papa Johns Investor Relationsinvestor_relations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
02-07-2025
- Business
- Business Wire
Papa Johns to Report Second Quarter Results on August 7, 2025
LOUISVILLE, Ky.--(BUSINESS WIRE)-- Papa John's International, Inc. (Nasdaq: PZZA) ('Papa Johns © ') will release its second quarter financial results before the market opens on Thursday, August 7, 2025, with a conference call to follow at 8:00 a.m. ET. Participants on the call will include Todd Penegor, President and Chief Executive Officer, Ravi Thanawala, Chief Financial Officer and EVP, International, and Heather Hollander, SVP Strategy, Investor Relations, and Financial Planning and Analysis. To listen to the webcast, participants should register online at Participants are requested to register a day in advance or at least a minimum 15 minutes before the start of the call. A replay of the webcast will be available approximately two hours after the call and archived on the same web page. About Papa Johns Papa John's International, Inc. (Nasdaq: PZZA) opened its doors in 1984 with one goal in mind: BETTER INGREDIENTS. BETTER PIZZA.® Papa Johns believes that using high-quality ingredients leads to superior quality pizzas. Its original dough is made of only six ingredients and is fresh, never frozen. Papa Johns tops its pizzas with real cheese made from mozzarella, pizza sauce made with vine-ripened tomatoes that go from vine to can in the same day and meat free of fillers. It was the first national pizza delivery chain to announce the removal of artificial flavors and synthetic colors from its entire food menu. Papa Johns is co-headquartered in Atlanta, Ga. and Louisville, Ky. and is the world's third-largest pizza delivery company with more than 6,000 restaurants in approximately 50 countries and territories. For more information about the company or to order pizza online, visit or download the Papa Johns mobile app for iOS or Android.
Yahoo
27-06-2025
- Business
- Yahoo
The 5 Most Interesting Analyst Questions From Papa John's's Q1 Earnings Call
Papa John's first quarter was met with a positive market response, reflecting management's efforts to improve value perception and customer experience. CEO Todd Penegor attributed the flat year-over-year sales to a disciplined focus on core pizza products and the brand's barbell pricing strategy, which balanced premium offerings with value-oriented options. Management pointed to sequential improvements in transaction counts and highlighted national promotions, like the Epic Stuffed Crust Pizza, as effective in driving higher pizza orders. Penegor noted, 'Our improved value proposition, optimized creative, and enhanced customer experience are driving improvements in sales and transactions as well as transaction share gains.' Is now the time to buy PZZA? Find out in our full research report (it's free). Revenue: $518.3 million vs analyst estimates of $515.1 million (flat year on year, 0.6% beat) Adjusted EPS: $0.36 vs analyst estimates of $0.35 (4.1% beat) Adjusted EBITDA: $45.88 million vs analyst estimates of $50.17 million (8.9% margin, 8.6% miss) EBITDA guidance for the full year is $210 million at the midpoint, above analyst estimates of $207.2 million Operating Margin: 4.6%, down from 6.6% in the same quarter last year Locations: 6,019 at quarter end, up from 5,914 in the same quarter last year Same-Store Sales fell 1.3% year on year, in line with the same quarter last year Market Capitalization: $1.59 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Brian Bittner (Oppenheimer) asked about sequential improvements in traffic and the outlook for consumer demand, to which CEO Todd Penegor explained that enhanced value perception and ongoing product innovation were driving transaction gains despite economic uncertainty. Andrew Strelzik (BMO Capital Markets) inquired about progress on key initiatives, with Penegor emphasizing advances in technology transformation, data-driven loyalty engagement, and a renewed focus on product quality and operational coaching. Eric Gonzalez (KeyBanc) questioned supply chain cost savings for franchisees. Penegor and CFO Ravi Thanawala responded that optimization efforts are underway, with anticipated margin improvements to be shared systemwide, though most benefits are expected from 2026 onward. Peter Saleh (BTIG) asked about the impact of quality messaging and the timing of oven calibration efforts. Penegor explained that highlighting unique dough ingredients would be a core marketing theme, and oven adjustments would support both product innovation and consistency later this year. Brian Mullan (Piper Sandler) sought details on store remodeling plans. Penegor shared that reimaging efforts are in early stages, with pilot programs underway and broader implementation expected to begin in 2026 to support carryout growth and brand revitalization. In upcoming quarters, the StockStory team will be monitoring (1) the impact of new product launches and menu innovation on transaction growth, (2) the effectiveness of increased marketing investment in driving brand perception and customer traffic, and (3) progress on operational efficiency initiatives, including supply chain optimization and oven recalibration. The pace of international market expansion and franchisee engagement will also remain important indicators of momentum. Papa John's currently trades at $48.52, up from $33.34 just before the earnings. Is there an opportunity in the stock?See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.
Yahoo
16-06-2025
- Business
- Yahoo
Jim Cramer Notes 'It's a Wait-and-See Situation With Penegor at Papa John's'
Papa John's International, Inc. (NASDAQ:PZZA) is one of the 18 stocks Jim Cramer recently shared insights on. A caller asked about the company during the lightning round, and Cramer replied: 'You know, Papa John's, only six ingredients in a Papa John's pizza. I find that quite incredible. Todd Penegor runs it now. You know, the previous CEO went on to Shake Shack. He's crushing [it] at Shake Shack. I think it's a wait-and-see situation with Penegor at Papa John's, so I'm not going there yet. I'm not saying yes.' A family gathering around a delivery pizza box in the comfort of their own home. Papa John's (NASDAQ:PZZA) operates and franchises pizza restaurants offering delivery, carryout, and dine-in services. The company also supplies ingredients, packaging, and equipment to its locations. River Road Asset Management stated the following regarding Papa John's International, Inc. (NASDAQ:PZZA) in its Q4 2024 investor letter: 'The holding with the lowest contribution to active return in the portfolio during Q4 was Papa John's International, Inc. (NASDAQ:PZZA), the third-largest pizza delivery company in the world. Early in the quarter, the stock rallied on speculation it was going to be acquired by Restaurant Brands International (QSR), owner of Tim Hortons®, Burger King®, and Popeyes®. However, when a deal did not materialize the stock sold off into year-end. During the quarter, PZZA held an Investor Day where management highlighted recent progress on operational improvements, new unit growth, and franchisee profitability. New store build costs are down -20% to $500k and the average franchisee generates $150k in annual earnings before interest, taxes, depreciation, and amortization (EBITDA), indicating payback periods of less than four years and an attractive unlevered cash-on-cash return for franchisees, which should bode well for unit growth. Additionally, of the top 20 largest franchisees in the system, 80% have new store development agreements in place. The commissary business should continue to increase margins at 100 bps annually to 8%, bringing it in-line with competitor Domino's®. This should incentivize franchisees to drive transaction growth as they will receive volume rebates. Overall, we are encouraged by these developments and believe the company is still significantly undervalued relative to its closest public peers. If management successfully executes these initiatives, we anticipate the valuation gap will close. We trimmed the position during the quarter.' While we acknowledge the potential of PZZA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
