Papa John's Announces December and Fourth Quarter Comparable Sales Results; Q4 Launch of Papa's Perfect Pan Pizza Caps Strong Year
Domestic system-wide comparable sales for the year ended December 25, 2005 increased 5.1% (composed of a 7.4% increase at company-owned restaurants and a 4.3% increase at franchise restaurants).
The company estimates that the temporary closure of restaurants in the Gulf and Florida Coast regions due to hurricane-related issues during 2005 negatively impacted domestic system-wide comparable sales results by approximately 0.4% for the fourth quarter and 0.2% for the full year. Substantially all such temporarily closed units were reopened by December.
Total system-wide international sales increased 10.0% for December, 12.4% for the quarter and 13.0% for the year, on a constant U.S. dollar basis, over the comparable periods last year.
At December 25, 2005, there were 2,926 Papa John's restaurants (504 company-owned and 2,422 franchised) operating in 49 states and 22 international markets. Papa John's also franchises 112 Perfect Pizza restaurants in the United Kingdom. For more information about the company, visit Papa John's at http://www.papajohns.com.
CONTACT: Papa John's International, Inc.
David Flanery, 502-261-4753
SOURCE: Papa John's International, Inc.