Papa John's Q3 EPS falls to $0.13 as net income drops to $4 million; outlook cut
Papa John's reported third quarter 2025 total revenues of $508 million, flat year over year, while net income fell to $4 million from $42 million and diluted EPS fell to $0.13 from $1.27. The prior-year quarter included a $41.3 million pre-tax gain on the sale of two QC Center properties. The company also lowered its 2025 adjusted EBITDA outlook to $190 million to $200 million from $200 million to $220 million.
Key points
- Total revenues were $508 million, up 0.3% from $506.8 million a year earlier, and net income was $4 million versus $42 million.
- North America comparable sales decreased 3%, while International comparable sales increased 7%.
- Adjusted EBITDA was $48 million versus $50 million; adjusted diluted EPS was $0.32 versus $0.43.
- 2025 guidance: adjusted EBITDA cut to $190 million to $200 million; North America comparable sales now down 2% to 2.5%.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.