Louisville, Kentucky—Papa John's
International Inc. said domestic same-store sales during the
four weeks ended May 23 had fallen 3.4 percent systemwide,
reflecting a 0.8 percent decrease at company-owned restaurants and
a 4.2 percent drop at franchise units.
The company attributed the difference in results for
company-owned and franchise restaurants to "differing levels
of operational and promotional execution" amid systemwide
promotions supported by national TV advertising in May 2003 and May
2004.
Total systemwide international sales fell 0.7 percent on a
constant dollar basis. Papa John's has 2,766 namesake units and
126 Perfect Pizzas in its system. -Nation's Restaurant
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