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Papa John's fiscal 2014 results show 7.4% system-wide growth internationally

Papa John’s International Inc. today announced financial results for Q4 and fiscal year ended Dec. 28, 2014.

February 24, 2015

Papa John’s International Inc. today announced financial results for Q4 and fiscal year ended Dec. 28, 2014.

The company reported system-wide comparable sales increases of 4.1 percent for North America and 8.9 percent internationally in the fourth quarter. System-wide comparable sales show increases of 6.7 percent for North America and 7.4 percent internationally for the full year

Papa John's opened 126 net restaurants globally in Q4 and 235 for the full year, comprising 181 international locations and 54 in North America.

Fourth quarter 2014 revenues were $425.5 million, a 9.7-percent increase from Q4 2013 revenues of $387.9 million. Fourth quarter 2014 net income increased 12.8 percent to $21.2 million, compared to fourth quarter 2013 net income of $18.8 million, according to the announcement.

Full year 2014 revenues were $1.6 billion, an increase of 11.1 percent from 2013 revenues of $1.44 billion.