LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Papa John’s International Inc. (PZZA) on Thursday reported first-quarter net income of $14.6 million.
The Louisville, Kentucky-based company said it had profit of 44 cents per share. Earnings, adjusted for restructuring costs, were 67 cents per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.
The pizza chain posted revenue of $513.9 million in the period, which missed Street forecasts. Seven analysts surveyed by Zacks expected $543.9 million.
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