Papa John's International, Inc. (PZZA) Presents at UBS Global Consumer and Retail Conference Transcript

SA Transcripts158.94K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Papa John's International, Inc. (PZZA) UBS Global Consumer and Retail Conference March 12, 2026 10:00 AM EDT Company Participants Todd Penegor - President, CEO & DirectorRavi Thanawala - CFO & President of North America Conference Call Participants Dennis Geiger - UBS Investment Bank, Research Division Presentation Dennis GeigerUBS Investment Bank, Research Division Good morning. I'm Dennis Geiger, restaurant analyst at UBS. I'm pleased to welcome and excited to have with us on stage, Todd Penegor, Papa John's President and CEO; Ravi Thanawala, Papa John's CFO and President, North America. Also representing Papa John's today are Heather Hollander, SVP, Investor Relations, FP&A and Strategy; and Sarah Burnett, Director of Investor Relations. Papa John's is a top 5 QSR pizza chain in the U.S. and has about 6,000 stores globally. The brand went through a transformational 2025 as it focuses on improving the health of franchisees in North America while continuing to deliver strong same-store sales growth internationally. And with that, Todd and Ravi, thanks so much for being here today. Todd PenegorPresident, CEO & Director Thanks for having us, Dennis. It's our pleasure. Question-and-Answer Session Dennis GeigerUBS Investment Bank, Research Division Appreciate it. This is a treat. Todd, maybe start with you. You've been at Papa John's for about 1.5 years or so now. So I want to get some of your observations about the brand, the company and the opportunity ahead at a high level. Todd PenegorPresident, CEO & Director Yes. I guess a couple of reflections after the 18 months on the job. I mean it's a brand that clearly, consumers are pulling for. We've got a lot of brand loyalty. We had work to do to get back into position on value, which we have done. We wanted to continue to accentuate the quality and the aspects of how we stand