BUZZ-Papa John's down after Q1 revenue, profit miss

Papa John's International, Inc.

Papa John's International, Inc.

PZZA

0.00

** Shares of Papa John's International PZZA.O down 4% at $32.45

** The pizza chain misses Q1 revenue and profit expectations, hurt by weak demand, especially in its U.S. market amid high living costs and macroeconomic uncertainty

** Quarterly revenue fell 7.7% to $478.6 million; analysts on an average expected $485.7 million - LSEG data

** PZZA posts adjusted EPS of $0.32, below analysts' estimate of $0.35

** Firm reiterates its annual forecasts

** As of last close, PZZA down 15% YTD


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