Papa John s Announces Repurchase and Conversion of All Convertible Preferred Stock Owned by Starboard Value LP digitalmedianet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitalmedianet.com Daily Mail and Mail on Sunday newspapers.
Operator
Ladies and gentlemen, thank you for standing by, and welcome to Papa John s Fiscal 2020 Q4 Earnings Conference Call. [Operator Instructions]. After the speaker s presentation, there will be a question-and-answer session. [Operator Instructions]. I would now like to hand the conference over to your speaker Mr. Steve Coke, Senior Vice President of Financial Operations, Accounting and Reporting.
Steve Coke
Senior Vice President of Financial Operations, Accounting and Reporting
Thank you, and good morning everyone. Joining me on the call today are President and CEO, Rob Lynch and our CFO, Ann Gugino. Rob and Ann will have comments on our business and provide a financial update. After the prepared remarks, both will be available for Q&A.
The Shaq-a-Roni was among new products introduced in 2020 by Papa John s International Inc.
Papa John’s finds sales success from innovation during pandemic New products helped brand pass $1 million in average unit volumes for first time, CEO Rob Lynch says in Q4 earning call
Papa John’s International Inc. leaned into product innovation amid the pandemic of 2020 and found it increased sales and loyalty, executives said Thursday.
Louisville, Ky.-based Papa John’s, which reported same-store sales were up 13.5% in North American restaurants and 21.4% at international units in the fourth quarter, said it passed $1 million in annual average unit volume in 2020. Just 18 months ago, AUVs were $850,000, he said.
2020 CFO Departures and Arrivals cfo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cfo.com Daily Mail and Mail on Sunday newspapers.