Papa John’s International, Inc. (NASDAQ: PZZA) today announced that systemwide comparable sales for the five weeks ended September 30,
2001 decreased 0.1%, composed of a 1.4% increase at franchised units and a 4.1% decrease at
company-owned restaurants. Systemwide comparable sales for the third quarter ended September
30, 2001 were flat, composed of a 1.3% increase at franchised units and a 3.3% decrease at
company-owned restaurants. Total systemwide international sales increased 21.9% for the five-week
period and 22.8% for the third quarter on a constant U.S. dollar basis, over the comparable periods
last year.
The company reaffirmed that it expects third quarter earnings per share to be in the middle to upper
middle of the previously announced range of $0.42 to $0.49. The company is scheduled to announce
third quarter earnings results on October 30 after the market close.