PAPA JOHNS INTERNATIONAL INC 8K

Papa John’s announced weaker Q2 2026 results, cut its 2026 guidance, and suspended its quarterly dividend starting in Q3 2026 to fund its transformation strategy.

On August 6, 2026, Papa John’s International, Inc. reported its financial results for the second quarter ended June 28, 2026, highlighting an 8.8% year-over-year decline in total revenues to $482.4 million, a 4.8% decrease in global system-wide restaurant sales driven by an 8.3% drop in North America comparable sales partially offset by 1.5% growth internationally, net income of $8.7 million and adjusted EBITDA essentially flat at $52.7 million, and revised its fiscal 2026 outlook to reflect weaker expected performance, including lowering guidance for global system-wide restaurant sales growth, North America comparable sales, and adjusted EBITDA to $180–$190 million; concurrently, the Board of Directors decided to suspend the company’s quarterly dividend beginning with the third quarter of 2026 in order to reallocate capital toward its transformation strategy and investments in operations, technology, and international growth.

Filing Facts

CIK

901491

Ticker

-

Form

8K

Source Type

sec

Accession

0001628280-26-053810

Alert Tier

8