Brocker.Org: Papa John’s tumbles right after exact retail store sales overlook massive (PZZA)


Kate Taylor

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.

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