Papa Johns to open new restaurant in Co Down creating 20 jobs. It is their third opening in NI this year. Papa Johns is coming to Bangor, firing up the ovens at its new restaurant as part of its expansion across Northern Ireland. Ask Belfast Live anything Ask This Article Article continues below The restaurant brings 20 new jobs to the area and offers both collection and delivery options, serving pizza fans across Co Down. Article continues below Doors will open on Wednesday, November 11 and to celebrate, the store is offering any large pizza for just £10 when collected in-store. It will also give away 100 free medium pizzas to the first 100 customers to visit on opening day. Article continues below 138205441690 The restaurant is Papa Johns' third opening in Northern Ireland in the past year and forms part of a milestone franchise agreement with Rana Group, which will see 20 new Papa Johns restaurants open across the country over the next decade. Grant Read, Managing Director, Papa Johns UK & Europe, said: "We're delighted to be bringing Papa Johns to Bangor as part of our ongoing expansion across Northern Ireland. "This opening is another important step in our growth plans for the region and demonstrates our commitment to investing in local communities through new restaurants and job creation. Article continues below We use your sign-up to provide content in ways you've consented to and improve our understanding of you. This may include adverts from us and third parties based on our knowledge of you. More info "We look forward to becoming part of the Bangor community and serving customers across the area." Papa Johns identified strong demand in Bangor for "high quality pizza and convenient delivery and collection options". Article continues below The restaurant will be operated by long-term Papa Johns franchise partner, Amit Abhol (Rana). Commenting on the opening, he said: "We're thrilled to be bringing Papa Johns to Bangor and can't wait to welcome customers through our doors. "It's an exciting time for Papa Johns in Northern Ireland, and we're proud to be creating new jobs and becoming part of the local community. Article continues below "We're looking forward to serving up our freshly made favourites to pizza lovers across Bangor." Article continues below

Fast food chains are signalling that inflation is squeezing US consumers. Papa John's shares fell after North American same-store sales dropped 8.3%, and Cava slid 10% after it reported. Shake Shack edged lower. Executives told Yahoo Finance's hosts that higher gas prices and living costs are limiting how often Americans dine out. Gas prices eased somewhat, but the relief was modest. Papa John's is launching an "Unbox Better" strategy to win back customers. Its chief executive also pointed to GLP-1 weight-loss drugs, which are pushing people towards protein and chicken. Cava recovered from a July and August Cyclospora outbreak, though sales turned choppy when gas prices spiked. It raised the bottom end of its sales outlook.

Papa John's (NASDAQ:PZZA) misses Q3 2026 revenue estimates, stock drops. November 05, 2026 at 07:32 AM EST i This article is third-party content and does not represent the views of this site. Tamar Securities, LLC make no guarantees regarding its accuracy or completeness. Fast-food pizza chain Papa John's (NASDAQ: PZZA) missed Wall Street's revenue expectations in Q3 2026, with revenue falling 10.5% year on year to $454.8 million. Its non-GAAP profit of $0.16 per share was in line with analysts' consensus estimates. Papa John's (PZZA) Q3 2026 highlights: * Revenue $454.8 million vs S&P analysts' consensus estimates of $459.8 million (10.5% year-on-year decline, 1.1% miss) * Adjusted EPS $0.16 vs S&P analysts' consensus estimates of $0.15 (in line) * Adjusted EBITDA $38.09 million vs analysts' consensus estimates of $38.11 million (8.4% margin, in line) * EBITDA guidance $175 million at the midpoint for the full year, below analysts' consensus estimates of $180.5 million * Operating margin 3.1%, in line with the same quarter last year * Free cash flow margin 2.1%, down from 4.5% in the same quarter last year * Locations 5,969 at quarter end, down from 5,994 in the same quarter last year * Same-store sales fell 6.5% year on year (-0.2% in the same quarter last year) * Market capitalization $658.1 million "At its core, Unbox Better is about turning our promise of 'Better' into something customers experience every time they interact with our brand, from our food and value proposition to restaurant execution and service. While our third-quarter results reflect continued pressure in a competitive operating environment, we have aligned our company and franchisees behind a clear strategy for growth, supported by a new marketing framework led by increased local marketing investment by our franchisees to complement our national marketing initiatives. This will be combined with core product improvements and operational actions to enhance competitiveness across our system. Together, these efforts are designed to strengthen our competitive position, drive sustainable growth and create long-term value for customers, franchisees and shareholders." Revenue growth. A company's long-term revenue performance is one signal of its overall quality. Any business can have short-term success, but a top-tier one grows for years. With $1.91 billion in revenue over the past 12 months, Papa John's is a mid-sized restaurant chain, which sometimes brings disadvantages compared to larger competitors benefiting from better brand awareness and economies of scale. Papa John's 2.8% annualized revenue growth over the last seven years was weak as it didn't open many new restaurants. This quarter, Papa John's missed Wall Street's consensus estimates and reported an uninspiring 10.5% year-on-year revenue decline, generating $454.8 million in revenue. Looking ahead, sell-side analysts expect revenue to decline by 3.8% over the next 12 months, according to S&P, a deceleration versus the last seven years. This projection is underwhelming and implies its menu offerings will face some demand challenges. Restaurant performance. Number of restaurants. The number of dining locations a restaurant chain operates is a critical driver of how quickly company-level revenue can grow. Papa John's operated 5,969 locations in the latest quarter, and over the last two years, has kept its restaurant count flat while other restaurant businesses have opted for growth. Furthermore, the company's franchise model makes expansion easier: franchisees are primarily responsible for opening new restaurants while Papa John's provides support. When a chain doesn't open many new restaurants, it usually means there's stable demand for its meals and it's focused on improving operational efficiency to increase profitability. Same-store sales. A company's restaurant base only paints one part of the picture. When demand is high, it makes sense to open more. But when demand is low, it's prudent to close some locations and use the money in other ways. Same-store sales offer insight into this topic by measuring organic growth at restaurants open for at least a year. Papa John's demand has been shrinking over the last two years as its same-store sales have averaged 2.7% annual declines. This performance isn't ideal, and it would be concerning if Papa John's started opening new restaurants to artificially boost revenue growth. In the latest quarter, Papa John's same-store sales fell by 6.5% year on year. This decrease represents a further deceleration from its historical levels. Key takeaways from Papa John's Q3 results. Papa John's full-year EBITDA guidance missed expectations, and same-store sales fell slightly short of Wall Street's consensus estimates. EPS met analysts' consensus estimates, but that was not enough to make this a better quarter overall. Shares tumbled 6.3% to $18.73 immediately after the results. Papa John's may have had a tough quarter, but assessing whether it presents an investment opportunity requires a broader view. The latest quarter is only one piece of the longer-term business quality picture. Quality, when combined with valuation, can help determine if the stock is a buy. For more on Papa John's, read its full research report here (it's free). Report this content If you believe this article contains misleading, harmful, or spam content, please let Tamar Securities, LLC know.