Papa John's Announces June and Second Quarter Comparable Sales Results
Domestic system-wide comparable sales for the quarter ended June 26, 2005 increased 6.1% (composed of a 7.6% increase at company-owned restaurants and a 5.6% increase at franchise restaurants). The second quarter of 2005 featured two system-wide promotions supported by national television as compared to one such promotion in the second quarter of 2004. The company noted that the previously announced implementation of delivery fees at a majority of company-owned restaurants in June had a low-single digit favorable impact on comparable sales results for the quarter.
Total system-wide international sales increased 12.7% for June and 14.2% for the quarter, on a constant U.S. dollar basis, over the comparable periods last year.
Earnings results for the second quarter will be released at the close of business on August 2, 2005. A conference call with management will be held on August 3, 2005 at 10:00 a.m. eastern time to discuss second quarter results.
At June 26, 2005, there were 2,875 Papa John's restaurants (571 company-owned and 2,304 franchised) operating in 49 states and 19 countries. Papa John's also franchises 114 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.