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About
Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and restaurant-based delivery restaurants. It operates through the following segments: Domestic Company-Owned Restaurants, North America Commisionaries, North America Franchising and International Operations. The Domestic Company-Owned Restaurants consists of the operations of all domestic company-owned restaurants and derives its revenues principally from retail sales of pizza and side items, including breadsticks, cheesesticks, chicken poppers and wings, dessert items and canned or bottled beverages. The North America Commissary segment consists of the operations of regional dough production and product distribution centers and derives its revenues principally from the sale and distribution of food and paper products to domestic company-owned and franchised restaurants in the United States and Canada. The North America Franchising segment consists of its franchise sales and support activities and derives its revenues from sales of franchise and development rights and collection of royalties from its franchisees located in the United States and Canada. The International Operations segment refers to company-owned restaurants in China and distribution sales to franchised Papa John's restaurants located in the United Kingdom, Mexico and China and its franchise sales and support activities, which derive revenues from sales of franchise and development rights and the collection of royalties from its international franchisees. The company was founded by John H. Schnatter in 1984 and is headquartered in Louisville, KY. | |||
Description
Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the United States and internationally. It operates through five segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, International Operations, and All Others. The company also operates dine-in and delivery restaurants. As of December 25, 2016, it operated 5,097 Papa John's restaurants, including 744 company-owned and 4,353 franchised restaurants. The company was founded in 1984 and is headquartered in Louisville, Kentucky. | |||
