1851

<a href="https://www.papajohns.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=papa-johns-dominos-stock-tanks-despite-sales-bump-2715100" target="_blank" rel="nofollow">Papa John’s</a> and <a href="https://biz.dominos.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=papa-johns-dominos-stock-tanks-despite-sales-bump-2715100" target="_blank" rel="nofollow">Domino’s Pizza</a>, two of the world’s largest pizza brands, reported double-digit growth in same-store sales throughout 2020 but still saw their stocks drop after Q4 earnings reports released on Thursday showed both brands fell short of profitability expectations.Still, the pizza giants’ earnings point to a largely positive trend in their segment: The pandemic has been <a href="https://1851franchise.com/covid-19-vaccine-what-it-means-for-the-pizza-and-fast-food-boom-2714504">great for off-premise restaurant sales</a>, <a href="https://1851franchise.com/covid-19-vaccine-may-doom-for-the-pizza-and-fast-food-boom-2714504">particularly pizza</a>.&nbsp;Papa John’s actually beat its revenue expectations, posting $469.8 million versus the $467.9 million expected, but the brand missed on earnings, posting earnings per share of 40 cents versus 46 cents expected. The franchisor blamed rising food costs and employee bonuses for the lapse in profitability, but its same-store sales jumped 15.5% in the quarter, mostly led by international stores.&nbsp;Domino’s narrowly missed revenue expectations, posting $1.36 billion versus $1.38 expected and missed more widely on earnings per share, which fell at just $3.46 versus the expected $3.85. The brand’s U.S. same-store sales shot up 11.2% for the quarter while international same-store sales growth reached 7.3%.<a href="https://franchise.pizzahut.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=papa-johns-dominos-stock-tanks-despite-sales-bump-2715100" target="_blank" rel="nofollow">Pizza Hut</a> <a href="https://1851franchise.com/yum-brands-earnings-call-reveals-how-restaurants-are-recovering-from-covid-19-2714922#stories">reported an eight-percent increase in same-store sales in the U.S.</a> but a seven-percent drop internationally for a total of a one-percent drop across the brand.&nbsp;At the time of this article’s publication, Domino’s stock was down more than seven percent, and Papa John’s was down more than 13%.

Papa John’s, Domino’s Stock Tanks Despite Sales Bump

1851 Franchise

The two pizza giants have seen dramatic spikes in off-premise orders but still fell behind on earnings.

papa-johns-dominos-stock-tanks-despite-sales-bump

Dillas Quesadillas

Design with photo of Michael Mabry and Dillas Primo Quesadillas logo

Franchise Times: New Franchise Exec Says Dillas Is Bringing ‘Excitement’ Back to QSR Category

michael-mabry-franchise-growth

Lawn Squad

Greener, Faster, Smarter: Why Entrepreneurs Are Choosing Lawn Squad 

Greener, Faster, Smarter: Why Entrepreneurs Are Choosing Lawn Squad as a Treatment-Only Lawn Care Franchise

lawn-squad-franchise-opportunity

Jollibee

How Jollibee’s Veteran Leadership Team Is Rewriting the Playbook for U.S. Expansion

franchise-leadership-growth

Woodhouse Spas

Photo of guest checking in at Woodhouse Spas reception desk

franchise-questions-answered

Mellow Mushroom

How Mellow Mushroom’s Model Made it the Perfect Addition to Brad Harper’s Restaurant Portfolio

How Mellow Mushroom’s Flexible Model Made it the Perfect Addition to Brad Harper’s Growing Restaurant Portfolio

mellow-mushroom-brad-harper-restaurant-growth

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Development Website Builder

Franchise Resources

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Buying a fitness franchise, people exercising

Boutique vs. Big Box Gym Franchises: Which Offers Best ROI in the $7 Billion Fitness Market?

buy-fitness-franchise-boutique-big-box-comparison

Pieology Pizza Enters Chapter 11 Following Costly Bid To Save Struggling Stores

pieology-pizza-files-chapter-11-bankruptcy

CNBC: McDonald’s Will Assess if Franchisees Are Offering Value for Customers Under New Standards

mcdonalds-franchise-standards-value-metric

How AI Is Transforming Restaurant Operations and Franchises

ai-impact-restaurants-franchises-human-centric-technology

Round Table Pizza Franchisees Take FAT Brands to Court Over Marketing Fund Mismanagement

round-table-pizza-franchisees-take-fat-brands-to-court-over-marketing-fund-mismanagement

AI-related job cuts, October U.S. job cuts, American job cut record

AI-Fueled Layoffs Reshape the U.S. Job Market — And Highlight Franchising’s Resilience

ai-job-cuts-franchising-path-forward

Paris Baguette Welcomes Zac Sulma as New Chief Operating Officer

new-coo-zac-sulma

Callaway Sells Majority Stake in Topgolf to Private Equity for $770 Million

callaway-sells-majority-stake-in-topgolf-to-private-equity-for-770-million

A Practical Playbook: Who To Call First When Franchising Your Business

franchising-your-business-who-to-call-first

Photo of group of dogs standing together in day care facility

Top Pet Boarding and Day Care Franchise Opportunities for 2025

top-pet-boarding-daycare-franchises

image of jerome hanway from right at home Las Cruces, New Mexico 1851 franchise franchisee spotlight

Jerome Hanway Is Building His Right at Home Franchise Around His Mission To Serve

right-at-home-franchise-las-cruces-jerome-hanway

1851 Franchisee Spotlight graphic with photo of Eli Cohen, Layne's Chicken Fingers logo

C5 Restaurants Grows its Texas Footprint with 40 Layne’s Chicken Fingers Locations Planned Statewide

eli-cohen-laynes-chicken-fingers-texas

Papa John’s, Domino’s Stock Tanks Despite Sales Bump

MORE STORIES LIKE THIS