Papa John's International Investigation Notice: Levi & Korsinsky Notifies Investors of Pending Investigation Into Papa John's International (PZZA)

Papa John's reported adjusted Papa John's reported adjusted diluted EPS of $0.46 for Q2 2026, narrowly exceeding the $0.45 consensus estimate, while revenue declined 8.8% year over year to $482.4 million, and Levi & Korsinsky is investigating potential securities law violations.

NEW YORK , Aug. 10, 2026 /PRNewswire/ -- The adjusted number beat, but the underlying results deteriorated. Papa John's International (NASDAQ: PZZA) reported adjusted diluted EPS of $0.46 for Q2 2026, exceeding the $0.45 consensus estimate, while revenue declined 8.8% year over year to $482.4 million from $529.2 million -- and shares fell after the Company suspended its quarterly dividend and cut its outlook amid continued operating pressures.. If you lost money on PZZA, click here to submit your information . You may also contact Joseph E. Levi, Esq. at jlevi@levikorsinsky.com or (212) 363-7500.

The two sets of figures diverged across the board. Global comparable sales declined 5.7%. North American comparable sales declined 8.3%. Full-year adjusted EBITDA guidance was reduced to $180-$190 million from $200-$210 million -- a $20 million reduction at the midpoint, and suspended its quarterly dividend.

Levi & Korsinsky is investigating potential securities law violations concerning Papa John's International.

Shareholders who suffered losses on Papa John's stock are encouraged to have their losses reviewed now , or call (212) 363-7500.

Levi & Korsinsky, LLP -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.

Frequently Asked Questions About the PZZA Investigation

Q: How much did PZZA stock drop? Shares fell approximately 17% after Papa John's disclosed Q2 2026 results showing revenue of $482.4 million, down 8.8% year over year, an 8.3% decline in North American comparable sales, reduced full-year adjusted EBITDA guidance, and the suspension of its quarterly dividend.

Q: Who is eligible to participate in the PZZA investigation? A: Investors who purchased PZZA stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: Who is conducting the PZZA investigation? A: Levi & Korsinsky, LLP is investigating potential securities claims on behalf of investors who purchased PZZA securities. The firm is nationally recognized and has recovered hundreds of millions of dollars for aggrieved investors.

Q: What do PZZA investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at jlevi@levikorsinsky.com or (212) 363-7500.

Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What if I already sold my PZZA shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought PZZA and sold at a loss may still participate in the investigation.

Q: What does it cost me to participate? A: There is no upfront cost. Securities investigations and any resulting actions are generally handled on a contingency basis -- no retainer and no out-of-pocket costs.

Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions.

CONTACT:\

Levi & Korsinsky, LLP\

Joseph E. Levi, Esq.\

Ed Korsinsky, Esq.\

33 Whitehall Street, 27th Floor\

New York, NY 10004\

jlevi@levikorsinsky.com \

Tel: (212) 363-7500\

Fax: (212) 363-7171

Attorney Advertising. Prior results do not guarantee similar outcomes.

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SOURCE Levi & Korsinsky, LLP