• Papa John's notches positive Nov. sales, warns Dec. sales may drop

LOUISVILLE, Ky. -- Papa John's International, Inc. (NASDAQ: PZZA) announced in a release that domestic systemwide comparable sales for the four weeks ended Nov. 24 increased 1.5 percent (composed of a 4.7 percent increase at company-owned stores and a .4 percent increase at franchise stores).

Total systemwide international sales increased 5.7 percent on a constant U.S. dollar basis over the same period last year.

November comparable sales were helped by the inclusion of the Thanksgiving holiday in the company's Period 11 last year versus its placement in Period 12 this year. Papa John's estimates the timing difference boosted November 2002 domestic systemwide comparable sales 3.7 percent.

It estimates, however, that December comparable sales will be hurt by the timing difference. Because the dollar impact will be spread over five weeks in December versus four weeks in November, it expects December comparable sales will drop approximately 2.9 percent.

As of Nov. 24 there were 2,791 Papa John's stores (595 company owned and 2,196 franchised) operating in 49 states and nine international markets. Papa John's also owns or franchises 146 Perfect Pizza stores (one company owned and 145 franchised) in the UK.

Related Content

User Comments – Give us your opinion!
Products & Services

Group Purchasing Services

http://global.networldalliance.com/new/images/products/6403.png

6403/Group-Purchasing-Services

Remote Service | Content Management Service

http://global.networldalliance.com/new/images/products/6685.png

6685/Remote-Service-Content-Management-Service

PCI Compliance Services

http://global.networldalliance.com/new/images/products/4892.png

4892/PCI-Compliance-Services

See the latest in restaurant POS

http://global.networldalliance.com/new/images/products/1926.png

1926/See-the-latest-in-restaurant-POS

Mexican-Style Meats

http://global.networldalliance.com/new/images/products/6795.png

6795/Mexican-Style-Meats

Thr!ve Point-of-Sale

http://global.networldalliance.com/new/images/products/6811.png

6811/Thr-ve-Point-of-Sale

Digital Menu Boards

http://global.networldalliance.com/new/images/products/6681.png

6681/Digital-Menu-Boards

Online Ordering

http://global.networldalliance.com/new/images/products/4285.png

4285/Online-Ordering

Supply Chain Management

http://global.networldalliance.com/new/images/products/6405.png

6405/Supply-Chain-Management

Javarama coffee

http://global.networldalliance.com/new/images/products/6961.png

6961/Javarama-coffee

Fast Casual Executive Summit
Request Information From Suppliers
Save time looking for suppliers. Complete this form to submit a Request for Information to our entire network of partners.