Papa John's International (PZZA)
Market Price (2/11/2026): $34.82 | Market Cap: $1.1 BilSector: Consumer Discretionary | Industry: Restaurants
Papa John's International (PZZA)
Market Price (2/11/2026): $34.82Market Cap: $1.1 BilSector: Consumer DiscretionaryIndustry: Restaurants
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.7%, Dividend Yield is 5.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.5%, FCF Yield is 6.9% | Weak multi-year price returns2Y Excs Rtn is -89%, 3Y Excs Rtn is -126% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 80% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -28% | Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11% | Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.3% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and E-commerce & DTC Adoption. Themes include Direct-to-Consumer Brands, Last-Mile Delivery, Show more. | Key risksPZZA key risks include [1] operational inefficiencies within its supply chain and commissary system and [2] managing a brand reputation historically impacted by negative consumer sentiment. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.7%, Dividend Yield is 5.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.5%, FCF Yield is 6.9% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -28% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and E-commerce & DTC Adoption. Themes include Direct-to-Consumer Brands, Last-Mile Delivery, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -89%, 3Y Excs Rtn is -126% |
| Meaningful short interestShort Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 11% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 80% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.3% |
| Key risksPZZA key risks include [1] operational inefficiencies within its supply chain and commissary system and [2] managing a brand reputation historically impacted by negative consumer sentiment. |
Qualitative Assessment
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1. Downward Revision of Fiscal Year 2025 Targets. Papa John's revised its fiscal year 2025 targets downward, projecting system-wide sales growth between 1% to 2% and North America comparable sales declines of 2% to 2.5%. This revision reflected concerns over operational volatility stemming from economic challenges, including low consumer confidence and high unemployment.
2. Declining Domestic Company-Owned Restaurant EBITDA Margins. The company experienced a decrease in domestic company-owned restaurant EBITDA margins by approximately 20 basis points year-over-year to 2.4%. This decline was primarily attributed to labor inflation and reduced transaction volumes, despite an increase in average ticket prices.
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Stock Movement Drivers
Fundamental Drivers
The -29.8% change in PZZA stock from 10/31/2025 to 2/10/2026 was primarily driven by a -49.3% change in the company's Net Income Margin (%).| (LTM values as of) | 10312025 | 2102026 | Change |
|---|---|---|---|
| Stock Price ($) | 49.57 | 34.82 | -29.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,085 | 2,086 | 0.1% |
| Net Income Margin (%) | 3.6% | 1.8% | -49.3% |
| P/E Multiple | 21.6 | 29.9 | 38.5% |
| Shares Outstanding (Mil) | 33 | 33 | -0.1% |
| Cumulative Contribution | -29.8% |
Market Drivers
10/31/2025 to 2/10/2026| Return | Correlation | |
|---|---|---|
| PZZA | -29.8% | |
| Market (SPY) | 1.5% | 13.2% |
| Sector (XLY) | -1.4% | 2.0% |
Fundamental Drivers
The -15.0% change in PZZA stock from 7/31/2025 to 2/10/2026 was primarily driven by a -51.5% change in the company's Net Income Margin (%).| (LTM values as of) | 7312025 | 2102026 | Change |
|---|---|---|---|
| Stock Price ($) | 40.98 | 34.82 | -15.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,064 | 2,086 | 1.1% |
| Net Income Margin (%) | 3.8% | 1.8% | -51.5% |
| P/E Multiple | 17.2 | 29.9 | 74.0% |
| Shares Outstanding (Mil) | 33 | 33 | -0.3% |
| Cumulative Contribution | -15.0% |
Market Drivers
7/31/2025 to 2/10/2026| Return | Correlation | |
|---|---|---|
| PZZA | -15.0% | |
| Market (SPY) | 9.8% | 17.1% |
| Sector (XLY) | 7.1% | 13.2% |
Fundamental Drivers
The -6.8% change in PZZA stock from 1/31/2025 to 2/10/2026 was primarily driven by a -59.4% change in the company's Net Income Margin (%).| (LTM values as of) | 1312025 | 2102026 | Change |
|---|---|---|---|
| Stock Price ($) | 37.34 | 34.82 | -6.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,100 | 2,086 | -0.6% |
| Net Income Margin (%) | 4.5% | 1.8% | -59.4% |
| P/E Multiple | 12.9 | 29.9 | 132.0% |
| Shares Outstanding (Mil) | 33 | 33 | -0.4% |
| Cumulative Contribution | -6.8% |
Market Drivers
1/31/2025 to 2/10/2026| Return | Correlation | |
|---|---|---|
| PZZA | -6.8% | |
| Market (SPY) | 16.0% | 28.1% |
| Sector (XLY) | 2.6% | 25.3% |
Fundamental Drivers
The -56.4% change in PZZA stock from 1/31/2023 to 2/10/2026 was primarily driven by a -44.0% change in the company's Net Income Margin (%).| (LTM values as of) | 1312023 | 2102026 | Change |
|---|---|---|---|
| Stock Price ($) | 79.92 | 34.82 | -56.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,105 | 2,086 | -0.9% |
| Net Income Margin (%) | 3.3% | 1.8% | -44.0% |
| P/E Multiple | 40.9 | 29.9 | -26.8% |
| Shares Outstanding (Mil) | 35 | 33 | 7.2% |
| Cumulative Contribution | -56.4% |
Market Drivers
1/31/2023 to 2/10/2026| Return | Correlation | |
|---|---|---|
| PZZA | -56.4% | |
| Market (SPY) | 76.6% | 27.9% |
| Sector (XLY) | 62.9% | 26.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| PZZA Return | 59% | -37% | -5% | -44% | -2% | -8% | -52% |
| Peers Return | 29% | -15% | 21% | 7% | -4% | 6% | 44% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 2% | 85% |
Monthly Win Rates [3] | |||||||
| PZZA Win Rate | 50% | 25% | 42% | 25% | 42% | 50% | |
| Peers Win Rate | 58% | 42% | 55% | 55% | 43% | 80% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 100% | |
Max Drawdowns [4] | |||||||
| PZZA Max Drawdown | -6% | -48% | -22% | -47% | -25% | -11% | |
| Peers Max Drawdown | -8% | -31% | -8% | -10% | -16% | -2% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: DPZ, YUM, MCD, SBUX, CMG. See PZZA Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/10/2026 (YTD)
How Low Can It Go
| Event | PZZA | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -55.0% | -25.4% |
| % Gain to Breakeven | 122.4% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -48.7% | -33.9% |
| % Gain to Breakeven | 95.0% | 51.3% |
| Time to Breakeven | 34 days | 148 days |
| 2018 Correction | ||
| % Loss | -55.9% | -19.8% |
| % Gain to Breakeven | 126.6% | 24.7% |
| Time to Breakeven | 523 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -61.4% | -56.8% |
| % Gain to Breakeven | 158.7% | 131.3% |
| Time to Breakeven | 916 days | 1,480 days |
Compare to DPZ, YUM, MCD, SBUX, CMG
In The Past
Papa John's International's stock fell -55.0% during the 2022 Inflation Shock from a high on 11/4/2021. A -55.0% loss requires a 122.4% gain to breakeven.
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About Papa John's International (PZZA)
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Here are 1-3 brief analogies for Papa John's International (PZZA):
- The McDonald's of pizza.
- Starbucks for pizza delivery.
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Papa John's International (PZZA) offers the following major products:
- Pizzas: Their core product, available in various crusts, sizes, and with a wide selection of fresh toppings.
- Sides: Complementary food items such as Papa Bites, breadsticks, cheesesticks, chicken wings, and chicken poppers.
- Desserts: Sweet treats like their Papa Johns chocolate chip cookie or double chocolate brownie.
- Beverages: A selection of soft drinks to accompany meals.
- Dipping Sauces: Various sauces provided with pizzas and sides for enhanced flavor.
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Papa John's International (symbol: PZZA) primarily sells its products directly to individuals through its network of corporate and franchised restaurants. Therefore, its major customers are individual consumers rather than other companies.
The company serves the following categories of individual customers:
- Families and Households: This segment often orders pizza for dinner, parties, or casual gatherings, prioritizing convenience, value, and options to satisfy multiple preferences.
- Young Adults and Students: Frequently seeking affordable, quick, and shareable meal options for social occasions, study sessions, or everyday convenience.
- Individuals and Small Groups (e.g., Professionals, Singles): Looking for convenient, ready-to-eat meal solutions for lunch or dinner, valuing speed and ease of ordering, particularly when cooking is not an option or desired.
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Todd Penegor, President and Chief Executive Officer
Todd Penegor was appointed President and Chief Executive Officer of Papa John's International in August 2024. He brings over 20 years of experience in the restaurant and consumer goods industries. Prior to joining Papa John's, he served as President and CEO and Chief Financial Officer at The Wendy's Company. His career also includes leadership roles at Kellogg Company and Ford Motor Company.
Ravi Thanawala, Chief Financial Officer and EVP, International
Ravi Thanawala was appointed Chief Financial Officer and Executive Vice President, International in September 2024, having previously served as the company's Chief Financial Officer since July 2023. He joined Papa John's from Nike, Inc., where his roles included Chief Financial Officer of Nike North America and Global VP and CFO of the Converse brand, which involved working within a franchise model for much of its international business.
Caroline Miller Oyler, Chief Administrative Officer & Corporate Secretary
Caroline Miller Oyler has served as Chief Administrative Officer since June 2025 (effective June 2025 per source 5, though this date may be a forward-looking statement as of current date, source 1 lists her in this role for current year). Before this, she was the company's Corporate Secretary and Chief Legal and Risk Officer. Her tenure at Papa John's includes positions as Chief Legal Officer and Senior Vice President, Senior Vice President and General Counsel, and Interim Head of Human Resources.
Kurt Milburn, Chief Supply Chain Officer
Kurt Milburn was appointed Chief Supply Chain Officer in April 2024, after serving as Vice President, Supply Chain Operations since 2022. In his current role, he oversees PJ Food Service (PJFS), including International Supply Chain Operations, Quality Control Center Operations, Supplier Management, Engineering, and Quality Assurance teams. Prior to Papa John's, he was Senior Vice President, Supply Chain Operations at Scott's Miracle-Gro Company, and held various supply chain and engineering leadership roles at General Electric and General Motors.
Jenna Bromberg, Chief Marketing Officer
Jenna Bromberg was appointed Chief Marketing Officer, effective November 14, 2024. She is responsible for Papa John's marketing strategy, brand development, digital customer experience, creative initiatives, and product innovation. Ms. Bromberg joined Papa John's from Carter's Inc., where she was the Vice President of Brand Marketing and Creative. She also previously served as Director of Core Brand Marketing at Pizza Hut.
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The key risks to Papa John's International (PZZA) business include intense competition, supply chain inefficiencies coupled with commodity price volatility, and the critical importance of brand and reputation management.
The most significant risk is the intense competition within the quick-service restaurant (QSR) pizza industry. Papa John's operates in a highly competitive market against established national chains like Domino's, Pizza Hut, and Little Caesars, as well as emerging players. This competition encompasses price, service, location, food quality, and product innovation. Papa John's premium pricing strategy can be a disadvantage, potentially leading to market share loss as consumers, especially in an inflationary environment, may opt for lower-priced alternatives.
Another major risk is related to supply chain inefficiencies and commodity price volatility. The company grapples with operational challenges and inefficiencies within its supply chain and commissary system, which negatively impact restaurant margins. Papa John's is exposed to fluctuations in the price and availability of key ingredients, such as cheese, which are subject to factors beyond its control. Adverse weather patterns, crop diseases, geopolitical events, and broader economic inflation can disrupt supply and increase costs, thereby affecting the company's financial performance.
Finally, maintaining brand value and reputation is a crucial risk factor. Papa John's financial results depend significantly on its ability to differentiate its brand and uphold its reputation for quality. Any incidents or reports that negatively impact the brand or reputation, including product misrepresentation or ineffective social media use, could lead to a significant decrease in customer traffic and negatively affect revenues and profits. Historically, the brand has faced "consumer sentiment challenges" that have impacted North America comparable sales.
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The clear emerging threat to Papa John's International (PZZA) is the accelerating proliferation of delivery-optimized virtual restaurant brands and ghost kitchens, including those specializing in pizza or directly competing meal categories. These new models operate with significantly lower overhead costs compared to traditional brick-and-mortar chains like Papa John's by leveraging shared kitchen spaces or existing restaurant facilities, and are designed purely for efficiency in third-party delivery. This allows them to offer more competitive pricing, faster menu innovation, and targeted culinary concepts (e.g., specialty pizzas, niche dietary options) that directly compete for Papa John's core delivery customer base without the extensive capital investment and operational complexity of a large franchise system.
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Papa John's International (PZZA) primarily operates within the global pizza and quick-service restaurant (QSR) markets.
The addressable market sizes for its main product, pizza, and its services within the broader fast-food industry are as follows:
Global Market
- The global pizza market size was estimated at USD 155.2 billion in 2024 and is projected to reach USD 226.2 billion by 2033, growing at a Compound Annual Growth Rate (CAGR) of 4.27% from 2025 to 2033. Another estimate places the global pizza market at USD 272.40 billion in 2024, projected to grow to USD 409.50 billion by 2032 with a CAGR of 5.42% during 2025-2032. The global pizza market is also expected to increase by USD 70.1 billion, at a CAGR of 6.8% from 2024 to 2029.
- The global fast-food market size was estimated at USD 780.61 billion in 2025 and is predicted to reach approximately USD 1,077.37 billion by 2034, accelerating at a CAGR of 3.65% from 2025 to 2034. Another report valued the global fast-food market at USD 595.93 billion in 2021, projecting it to reach USD 851.34 billion by 2029 with a CAGR of 5.0% from 2022 to 2029.
U.S. Market
- The United States pizza market was approximately USD 21.89 billion in 2024, with projections to reach USD 32.72 billion by 2034, demonstrating a CAGR of 4.10% between 2025 and 2034. Other data indicates the U.S. pizza market size reached USD 37.9 billion in 2024, with an expectation to reach USD 49.8 billion by 2033 at a CAGR of 3.1% during 2025-2033. The market size of Pizza Restaurants in the U.S. is $49.5 billion in 2025.
- The U.S. fast-food market size reached USD 188.9 billion in 2024 and is expected to reach USD 261.9 billion by 2033, with a CAGR of 3.4% during 2025-2033. Another source reported the U.S. fast-food market at USD 212.89 billion in 2024, with a forecast to reach USD 321.24 billion by 2034, growing at a CAGR of 4.20% between 2025 and 2034. The U.S. fast food & quick service restaurant (QSR) market size was evaluated at $405 billion in 2023 and is slated to hit $663 billion by the end of 2032, with a CAGR of nearly 10.3% between 2024 and 2032. The North America fast food market size surpassed USD 210.77 billion in 2024 and is expanding at a CAGR of 3.83% during the forecast period.
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Papa John's International (PZZA) is focusing on several key strategies to drive future revenue growth over the next two to three years:
- Accelerated International Expansion: Papa John's is prioritizing aggressive growth in its international markets. The company expects international sales to increase by 5-6% in 2025 and plans to open between 180 and 200 new international locations during the same year. This growth is driven by strategic initiatives and strong performance in key markets across Europe, the Middle East, and Asia Pacific.
- Product Innovation and Enhanced Value Proposition: The company is committed to a "robust innovation pipeline" and a "more forward-leaning value proposition" to boost transactions and broaden its market reach. This includes reimagining side items with more accessible price points, exploring new crust types, handhelds, pastas, and bowls, and introducing new offerings like "The Grand Papa Pizza." Recent efforts also include selective promotions, such as a "50% off carryout offer," aimed at driving customer engagement.
- Investment in Technology and Loyalty Program: Papa John's is leveraging technology, including a strategic partnership with Google Cloud for AI-driven customer personalization, to enhance its digital platforms. The goal is to improve app conversion rates and further develop its Papa Rewards loyalty program, which currently boasts 37 million members. The loyalty program has been revamped to offer better value and more tailored discounts, contributing to a 21% increase in active members since 2023.
- Strategic North American Unit Development: While facing some challenges in North American comparable sales, Papa John's plans to open 85-95 new restaurants in North America in 2025. The company is accelerating its refranchising program over the next two years to strengthen local markets and enhance operational efficiency, with a goal to reduce corporate restaurant ownership to a mid-single-digit percentage of the North American system. Incentives are being provided to franchisees to encourage new unit development.
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Share Repurchases
- Papa John's has spent over $410 million on share repurchases since 2020, buying back more than 10% of its outstanding shares.
- As of March 2, 2023, approximately $90 million remained available under the existing share repurchase authorization, which included a $425 million program and a previous $75 million authorization from 2020.
- In fiscal year 2021, the company repurchased approximately 594,000 shares for an aggregate cost of $72.5 million.
Inbound Investments
- In October 2025, Apollo Global Management submitted a new bid to acquire Papa John's International, offering $64 per share, valuing the company at roughly $3 billion.
- In November 2025, TriArtisan Capital Advisors reportedly submitted a $65 per share bid to take Papa John's private, valuing it at $2.7 billion, following Apollo's prior withdrawal of a $2.1 billion offer.
- In June 2025, Apollo Global Management and Irth Capital Management jointly proposed to take Papa John's private in a deal valuing the pizza chain at over $1.7 billion.
Outbound Investments
- During the three months ended June 25, 2023, Papa John's incurred $1.3 million in acquisition-related costs as part of investments to reposition its UK portfolio and drive growth.
Capital Expenditures
- Papa John's projected capital expenditures for fiscal year 2025 are between $75 million and $85 million.
- The company's capital expenditures averaged $66.341 million for fiscal years ending December 2020 to 2024, peaking at $78.391 million in December 2022.
- The primary focus for capital expenditures in 2025 is to enhance the company's competitive edge in key markets and invest in a world-class technological platform to elevate customer experience.
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Peer Comparisons
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Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 128.19 |
| Mkt Cap | 47.4 |
| Rev LTM | 9,993 |
| Op Inc LTM | 2,249 |
| FCF LTM | 1,506 |
| FCF 3Y Avg | 1,403 |
| CFO LTM | 2,010 |
| CFO 3Y Avg | 1,857 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 4.1% |
| Rev Chg 3Y Avg | 4.5% |
| Rev Chg Q | 5.2% |
| QoQ Delta Rev Chg LTM | 1.3% |
| Op Mgn LTM | 18.0% |
| Op Mgn 3Y Avg | 17.7% |
| QoQ Delta Op Mgn LTM | -0.0% |
| CFO/Rev LTM | 16.4% |
| CFO/Rev 3Y Avg | 16.7% |
| FCF/Rev LTM | 12.6% |
| FCF/Rev 3Y Avg | 12.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 47.4 |
| P/S | 3.6 |
| P/EBIT | 18.4 |
| P/E | 30.2 |
| P/CFO | 22.7 |
| Total Yield | 5.4% |
| Dividend Yield | 2.0% |
| FCF Yield 3Y Avg | 3.5% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -0.8% |
| 3M Rtn | 6.4% |
| 6M Rtn | -2.2% |
| 12M Rtn | -7.9% |
| 3Y Rtn | 18.1% |
| 1M Excs Rtn | -0.5% |
| 3M Excs Rtn | 5.1% |
| 6M Excs Rtn | -8.8% |
| 12M Excs Rtn | -22.1% |
| 3Y Excs Rtn | -54.5% |
Segment Financials
Revenue by Segment| $ Mil | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Commissary sales | 925 | 1,168 | 1,074 | 957 | 864 |
| Company-owned restaurant sales | 761 | 708 | 778 | 701 | 652 |
| Franchise royalties and fees | 195 | 191 | 187 | 140 | 113 |
| Advertising funds revenue | 157 | ||||
| Other revenues | 98 | 327 | 324 | 295 | 268 |
| Eliminations | -292 | -295 | -279 | -278 | |
| International other revenues | 0 | 0 | |||
| Total | 2,136 | 2,102 | 2,068 | 1,813 | 1,619 |
Price Behavior
| Market Price | $34.82 | |
| Market Cap ($ Bil) | 1.1 | |
| First Trading Date | 06/08/1993 | |
| Distance from 52W High | -35.5% | |
| 50 Days | 200 Days | |
| DMA Price | $38.13 | $42.54 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -8.7% | -18.2% |
| 3M | 1YR | |
| Volatility | 30.9% | 54.2% |
| Downside Capture | 85.71 | 75.80 |
| Upside Capture | -16.93 | 58.70 |
| Correlation (SPY) | 1.5% | 28.1% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -1.27 | -0.61 | 0.53 | 0.73 | 0.79 | 0.77 |
| Up Beta | -2.72 | -1.60 | 3.43 | 2.29 | 0.83 | 0.73 |
| Down Beta | -3.53 | -2.28 | -0.74 | 0.13 | 0.84 | 0.90 |
| Up Capture | -9% | -33% | -70% | 19% | 49% | 18% |
| Bmk +ve Days | 11 | 22 | 34 | 71 | 142 | 430 |
| Stock +ve Days | 7 | 17 | 26 | 60 | 125 | 360 |
| Down Capture | 228% | 165% | 134% | 88% | 85% | 99% |
| Bmk -ve Days | 9 | 19 | 27 | 54 | 109 | 321 |
| Stock -ve Days | 13 | 24 | 35 | 65 | 126 | 392 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PZZA | |
|---|---|---|---|---|
| PZZA | -3.0% | 54.1% | 0.13 | - |
| Sector ETF (XLY) | 5.6% | 24.2% | 0.17 | 25.1% |
| Equity (SPY) | 16.3% | 19.3% | 0.65 | 28.1% |
| Gold (GLD) | 76.7% | 25.0% | 2.25 | 8.8% |
| Commodities (DBC) | 9.4% | 16.6% | 0.37 | 25.3% |
| Real Estate (VNQ) | 6.5% | 16.6% | 0.21 | 28.7% |
| Bitcoin (BTCUSD) | -27.3% | 44.7% | -0.58 | 12.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PZZA | |
|---|---|---|---|---|
| PZZA | -16.6% | 40.0% | -0.34 | - |
| Sector ETF (XLY) | 7.8% | 23.7% | 0.29 | 37.6% |
| Equity (SPY) | 14.1% | 17.0% | 0.66 | 37.8% |
| Gold (GLD) | 22.1% | 16.9% | 1.06 | 9.3% |
| Commodities (DBC) | 11.3% | 18.9% | 0.48 | 9.4% |
| Real Estate (VNQ) | 5.3% | 18.8% | 0.19 | 35.5% |
| Bitcoin (BTCUSD) | 13.4% | 57.9% | 0.45 | 12.0% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with PZZA | |
|---|---|---|---|---|
| PZZA | -0.7% | 40.8% | 0.12 | - |
| Sector ETF (XLY) | 13.7% | 21.9% | 0.57 | 35.5% |
| Equity (SPY) | 15.7% | 17.9% | 0.75 | 32.3% |
| Gold (GLD) | 15.7% | 15.5% | 0.84 | 4.9% |
| Commodities (DBC) | 8.4% | 17.6% | 0.39 | 12.1% |
| Real Estate (VNQ) | 6.2% | 20.7% | 0.27 | 27.7% |
| Bitcoin (BTCUSD) | 68.8% | 66.7% | 1.08 | 11.5% |
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Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 11/6/2025 | 3.8% | -1.2% | 0.9% |
| 8/7/2025 | 8.6% | 17.3% | 20.2% |
| 5/8/2025 | 15.9% | 20.9% | 51.6% |
| 2/27/2025 | 1.4% | -3.1% | -11.3% |
| 11/7/2024 | -4.6% | -12.7% | -15.4% |
| 8/8/2024 | 1.7% | 5.6% | 11.6% |
| 5/9/2024 | -6.8% | -8.2% | -17.0% |
| 2/29/2024 | 2.5% | 1.5% | -5.1% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 14 | 13 | 11 |
| # Negative | 10 | 11 | 13 |
| Median Positive | 3.1% | 5.1% | 6.5% |
| Median Negative | -4.1% | -6.9% | -11.3% |
| Max Positive | 15.9% | 20.9% | 51.6% |
| Max Negative | -11.6% | -16.4% | -20.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2025 | 11/06/2025 | 10-Q |
| 06/30/2025 | 08/07/2025 | 10-Q |
| 03/31/2025 | 05/08/2025 | 10-Q |
| 12/31/2024 | 02/27/2025 | 10-K |
| 09/30/2024 | 11/07/2024 | 10-Q |
| 06/30/2024 | 08/08/2024 | 10-Q |
| 03/31/2024 | 05/09/2024 | 10-Q |
| 12/31/2023 | 02/29/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/23/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
| 03/31/2022 | 05/05/2022 | 10-Q |
| 12/31/2021 | 02/24/2022 | 10-K |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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