Papa John’s growth streak continues into August as it sees North America same-store sales up more than 24.2%

  • Date: 25-Aug-2020
  • Source: CNBC
  • Sector:Retail
  • Country:GCC
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Papa John’s growth streak continues into August as it sees North America same-store sales up more than 24.2%

Papa John's International Inc. signage is displayed on top of a delivery vehicle outside of the company's restaurant in Nashville, Tennessee.Luke Sharrett | Bloomberg | Getty ImagesAs consumers continue to flock to carryout and delivery during the pandemic, Papa John's has continued its growth streak into August.From July 27 through Aug. 23, preliminary estimated North American systemwide same-store sales rose 24.2%, while preliminary estimates show international systemwide comparable sales gained 23.3%, the pizza chain said Tuesday morning. This after Papa John's previously reported North American systemwide sales growth of 28% in the second quarter, which ended June 28, and 5.3% growth internationally. May was the best month in the company's history, with same-store-sales up 33.5%. Preliminary results showed same-store sales, a key industry metric, rose more than 30% in July. The company had