Added to YB: 2026-08-21
Pitch date: 2026-08-18
PZZA [neutral]
Papa John's International, Inc.
-0.13%
current return
Author Info
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Company Info
Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa Johns trademark in the United States, Canada, and internationally.
Market Cap
$766.1M
Pitch Price
$23.35
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.92
P/E
29.10
EV/Sales
0.86
Sector
Hotels, Restaurants and Leisure
Category
special_situation
$PZZA: the bidder reported to own 10% has filed the same 4.9% seven quarters running
PZZA (overview): Board ended 18-mo strategic review, no sale, killed dividend. Cut NA comps guide to -6/-8%, 2026 EBITDA to $180-190M. EV ~$1.5B (~8x EBITDA), less than Irth's $47/share bid ($1.55B equity). '10%' holder Irth files 4.95% every 13F—no 13D. Bear: -8.3% comps, equity deficit. Watch: 13D filing, Nov 13F, Q3 comps.
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