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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Papa John's Takes A Slice Off Guidance As Sales Go Cold

PapaJohn's storefront

Papa John’s International, Inc. (NASDAQ:PZZA) slid premarket on Thursday after missing profit expectations in the third quarter and coming in light on revenue, with North America comps turning negative.

Investors also reacted to a sharp drop in earnings and a lowered full-year outlook. The stock later recovered those losses and is now trading higher.

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