Papa John's International (PZZA) shares rose 15% in recent Thursday trading after the company reported Q1 revenue that exceeded analyst estimates.
The company reported Q1 adjusted earnings of $0.36 per diluted share, down from $0.67 a year earlier.
Analysts polled by FactSet expected $0.36.
Revenue for the quarter ended March 30 was $518.3 million, up from $513.9 million a year earlier.
Analysts surveyed by FactSet expected $514.1 million.
The company reiterated its 2025 guidance of system-wide sales growth of 2% to 5%.
Price: 37.50, Change: +4.20, Percent Change: +12.61