Papa John’s International (PZZA) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with thanks to team members, franchisees, and shareholders, and a review of transformation strategy priorities: core product, marketing, technology, customer experience, and franchisee partnerships.

• Board members and independent auditors were introduced; voting procedures and question protocols were outlined.

• Six agenda items were presented for voting, including director elections, auditor ratification, executive compensation, charter amendments, and a shareholder proposal.

Financial performance review

• 2025 ended with global system-wide restaurant sales of $5 billion, 1% constant currency growth, $2.1 billion in revenues, and $201 million adjusted EBITDA.

• Free cash flow increased to $61 million from $34 million in 2024; international operations saw five consecutive quarters of positive sales comps.

Board and executive committee updates

• Board and executive leadership reaffirmed commitment to transformation strategy and stakeholder value creation.