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Papa John's International (PZZA) Q2 2018 Results - Earnings Call Transcript

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Papa John's International, Inc. (NASDAQ:PZZA) Q2 2018 Earnings Call August 7, 2018 5:00 PM ET


Steven R. Coke - Papa John's International, Inc.

Steve M. Ritchie - Papa John's International, Inc.

Joseph H. Smith - Papa John's International, Inc.


Will Slabaugh - Stephens Inc.

Alexander Russell Slagle - Jefferies LLC

Peter Saleh - BTIG LLC

Alton K. Stump - Longbow Research LLC

Frederick Wightman - Citigroup Global Markets, Inc.

Chris O'Cull - Stifel, Nicolaus & Co., Inc.


Good day, ladies and gentlemen, and welcome to the Papa John's Second Quarter 2018 Conference Call and Webcast. At this time, all participants are in a listen-only mode. Later, we'll conduct a question-and-answer session and instructions will follow at that time. As a reminder, this conference is being recorded.

I would now like to introduce your host for today's conference, Steve Coke, Vice President, Investor Relations and Strategy. You may begin.

Steven R. Coke - Papa John's International, Inc.

Thank you, Gigi. Good afternoon. Joining me on the call today are President and CEO, Steve Ritchie; and our CFO, Joe Smith. Steve and Joe will have comments about our business and provide a financial update, after the prepared remarks, Steve, Joe, and Mike Nettles, our Chief Information and Digital Officer, will be available for Q&A.

Our discussion today will contain forward-looking statements involving risk that could cause actual results to differ materially from these statements. Forward-looking statements should be considered in conjunction with the cautionary statements in our earnings release and the risk factors included in our SEC filings.

Please refer to our earnings release in the Investor Relations section of our website for a reconciliation of non-GAAP financial measures discussed on this call. Finally, we ask any members of the media to be in a listen-only mode.

Now, I'd like

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Comments (6)

$30M-$50M costs NOT included in downward EPS. So there is more downside coming. This stock is going to get hammered.
yes but when?
Pavlusha48 profile picture
Karma, it’s a fact of life. Ought to change the name to have a chance, might confuse some folks. But decent people would probably figure that out too. Fact is, tens of millions of decent folks won’t ever buy there again, the market place has shrunk dramatically.
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