PAPA JOHNS INTERNATIONAL INC

Papa John's International, Inc. (NASDAQ: PZZA) operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark, with a presence in 50 countries and territories. The company's website is www.papajohns.com.

As of December 28, 2025, Papa John's operates 6,083 restaurants globally, comprising 475 company-owned locations and 5,608 franchised restaurants. The North American market includes 3,523 restaurants, with 462 company-owned units representing approximately 13 percent of the total. The International segment operates 2,560 restaurants, including 13 company-owned locations in the United Kingdom and 2,547 franchised units. Company-owned restaurants in the domestic market generated average annual unit sales of $1.3 million, while franchised North American restaurants achieved average annual unit sales of $1.1 million.

Papa John's operates through four reportable segments: Domestic Company-owned restaurants, North America franchising, North America commissaries, and International operations. The company maintains 11 quality control centers in the United States and one in Canada that produce dough and distribute key ingredients including mozzarella, pizza sauce, and supplies to ensure consistent food quality across the system. An additional quality control center operates in the United Kingdom.

The company employs approximately 9,400 team members, including roughly 7,000 at company-owned restaurants, 500 in restaurant management, 700 in corporate roles, and 1,200 at quality control centers. The broader Papa John's system, including franchisees and their employees, comprises approximately 89,700 total workers.

Papa John's brand promise centers on "BETTER INGREDIENTS. BETTER PIZZA." The company differentiates itself through quality ingredient sourcing, digital innovation, and operational excellence. Strategic priorities include strengthening core pizza offerings while expanding complementary products, enhancing marketing effectiveness, investing in technology infrastructure, and optimizing the franchisee base for growth. The company completed its International Transformation Plan in late 2025 and launched an Enterprise Transformation Plan in December 2025 to support the next phase of growth.