Content Spotlight
Tech Tracker: How digital tech is capitalizing on the hot restaurant reservations market
Tock and Google now offer experience reservations; Diibs launches as a platform for bidding on last-minute reservations
Papa John’s same-store sales increased 23.8% in North America and 20.7% internationally in third quarter
Joanna Fantozzi
Papa John’s International, Inc. reported another strong quarter during the COVID-19 pandemic, with same-store sales up 23.8% for North America and 20.7% internationally, driven by menu innovations and ticket growth in a delivery-dominant economy.
The changes in consumer behavior have led to the growth of ticket add-ons like the Papa John’s popular Papadias and the popularity of new menu items like the recently introduced Shaq-a-Roni pizza, Papa John’s CEO Rob Lynch said during Thursday’s earnings call for the third quarter ended Sept. 27, 2020. With their strongest balance sheet in three years, Lynch continues to attribute much of Papa John’s success to their innovative menu pipeline that has been rolling out new items regu...
This content is available for registered users
Already have an account?
Read more about:
Papa John’s International