Papa John’s Pizza Intercontinental is tumbling on Wednesday right after the enterprise reported fourth-quarter earnings on Tuesday afternoon.
The American pizza enterprise announced fourth-quarter earnings that greater from previous 12 months and conquer analysts anticipations, however, exact-retail store sales expansion fell small.
Listed here are the figures:
- Earnings: $.88 a share vs . $.sixty six predicted.
- Income: $439.sixty two million vs . $447.four million predicted.
- North American exact-retail store sales expansion: Up three.eight% vs . up 5.nine% predicted.
On the lookout forward, Papa John’s sees similar sales expansion of 2% to four% in the U.S. and four% to six% internationally in 2017.