Industry News | May 14, 2001

Papa John's April Sales

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Papa John's International's (Nasdaq:PZZA) domestic systemwide comparable sales for the four weeks ended April 29, 2001 decreased 5.3%, composed of a 6.9% decrease at company-owned restaurants and a 4.8% decrease at franchised units. Total systemwide international sales increased 27.0% for the four-week period, on a constant U.S. dollar basis, over the comparable period last year.

During the same period last year, domestic systemwide comparable sales increased 7.3%, benefiting from the timing of the company's national Anniversary promotion in April 2000. The promotion, traditionally the company's strongest of the year, ran during the first quarter this year, contributing to a systemwide comparable sales increase of 4.5% during the quarter. The company remains comfortable with projected systemwide comparable sales growth of flat to 2% for full-year 2001.

At May 10, 2001, there were 2,654 Papa John's restaurants (647 company-owned and 2,007 franchised) operating in 49 states and ten international markets. Papa John's also owns or franchises 200 Perfect Pizza restaurants (3 company-owned and 197 franchised) in the United Kingdom.