Key Developments For Papa Johns International Inc
Papa Johns International Inc (PZZA.O) (Nasdaq)
Papa John's International, Inc. Raises FY 2009 EPS Guidance
Papa John's International, Inc. increased fiscal 2009 earnings per diluted share (EPS) guidance to a range of $1.42 to $1.46 from prior range of $1.38 to $1.44.
CapMan Oyj's CapMan Russia Fund Invests in Papa John's Int'l, Inc. Restaurant Chain in Russia
CapMan Oyj announced that CapMan Russia Fund has acquired a 49% stake in the master franchise of the Papa John's Int'l, Inc. pizza chain in Russia. Papa John's Int'l, Inc. is an American chain and it currently has nine restaurants in Moscow. The aim of the investment is to expand the chain's operations in Moscow and other large Russian cities over the next few years.
Papa John's International, Inc. Raises Low End Of Prior FY 2009 EPS Outlook; Revises FY 2009 Comparable Sales Outlook
Papa John's International, Inc. revised its fiscal 2009 earnings per diluted share (EPS) outlook from a range of $1.36-$1.44 to a range of $1.38-$1.44. It revised previous expectations for fiscal 2009 domestic system-wide comparable sales from a range of flat to negative 2% to a range of flat to negative 1%.
Papa John's International, Inc. Reaffirms FY 2009 EPS Guidance
Papa John's International, Inc. reaffirmed fiscal 2009 earnings per diluted share (EPS) guidance in the range of $1.36 to $1.44. The projected earnings guidance excludes any impact from the consolidation of the results of BIBP. The projected earnings guidance includes $0.30 to $0.35 per diluted share unfavorable impact of 2009 initiatives, including the impact of the franchise support initiatives, management transition costs and certain additional initiatives focused on enhancing quality and driving alternative ordering channels. According to Reuters Estimates, analysts were expecting the Company to report EPS of $1.40 for the same period.
Papa John's International, Inc. Names Jude Thompson As President And Chief Operating Officer
Papa John's International, Inc. announced the appointment of Joseph Jude Thompson as President and Chief Operating Officer. Thompson will continue on the Papa John's Board of Directors where he has served since February 2008, and in his new role will report to Founder and Chairman John Schnatter, who at the Board's request will continue as Chief Executive Officer, a role he returned to on an interim basis in December 2008.
