Papa Johns’ net income soars 90% in Q3 2023
Total revenues rose to $522.81m from $510.51m a year previously.
03 November 2023
03 November 2023
Total revenues rose to $522.81m from $510.51m a year previously.
The company’s revenues rose by 3.4% to $550.6m from $532.6m in 2022.
By the end of September 2023, DPC Dash was directly operating 716 stores across 21 cities on the Chinese mainland.
The restaurant chain has named Maria Hollandsworth as interim president and CEO.
Total revenues declined to $202.6m from $233.2m a year previously.
Total revenue increased 26.4% year-on-year to $117.1m.
Total revenues were $1.71bn, up 4% compared to the same period of 2022.
The restaurant has also announced the launch of special offers to celebrate the holidays.
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COVID-19 and supply chain disruptions following the Ukraine war have accelerated automation and digitalization in the foodservice sector. Home delivery services and consumer engagement through digital channels have become essential for businesses trying to stay afloat. Foodservice companies must also cope with ESG issues, the fast-changing world of work, and the global economy heading for recession and possible stagflation. The metaverse, enabled by both AR and VR, is an important tool that can help address many of the foodservice industry's key challenges.
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