Industry News | February 15, 2000

PJ's: January Results, Management Shift

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Papa John's International, Inc. (Nasdaq:PZZA - news) announced February 14, 2000 that systemwide comparable sales for the four weeks ended January 23, 2000 increased approximately 3.8%, comprised of a 5.3% increase at company-owned restaurants and a 3.2% increase at franchised units.

The company also announced that its corporate operations, previously based out of Orlando, Florida, will now be based out of the company's Louisville, Kentucky headquarters and report directly to Blaine Hurst, Papa John's President and Vice Chairman. Lou DiFazio, Papa John's Vice President, Operations since October 1998, announced that he will leave the company during the second quarter, electing to remain in Orlando and continue as a Papa John's franchisee. The company has not yet selected a replacement for DiFazio.