Papa John’s International reported second quarter 2026 diluted EPS of $0.24 and adjusted diluted EPS of $0.46 on total revenues of $482.4 million. Global system-wide sales declined 4.8% to $1.20 billion, driven by an 8.3% drop in North America comparable sales, partially offset by a 1.5% increase internationally. The company updated its fiscal 2026 outlook, lowering global system-wide sales guidance to down 2-4% and adjusted EBITDA guidance to $180-$190 million. Additionally, the Board suspended the quarterly dividend starting with the third quarter of 2026 to fund transformation investments. Papa John’s International operates in the quick-service restaurant industry, specializing in pizza delivery and carryout.

Ravi Thanawala resigned as Chief Financial Officer and President, North America, effective June 30, 2026, to join another public company. Christopher K. Collins, currently Senior Vice President of Corporate Finance and Principal Accounting Officer, has been appointed as interim Chief Financial Officer, effective the same date. Papa John's International, Inc. is a restaurant company specializing in pizza delivery and dining.