Papa John’s International, Inc. (PZZA) Plans 200 Store Closures While Pursuing Cost Savings

Papa John’s International, Inc. (NASDAQ:PZZA) is one of the astir promising edifice stocks to bargain according to hedge funds.

TheFly reported connected February 27 that Deutsche Bank adjusted its terms people for PZZA down to $35 from $45 portion retaining a Hold standing connected the stock.

Furthermore, Papa John's International, Inc. (NASDAQ:PZZA) has confirmed that astir 200 stores volition adjacent successful 2026 arsenic portion of its efforts to optimize its edifice portfolio successful North America. The company's larger program to summation restaurant-level profitability and operational effectiveness includes these closures. It is anticipated that caller measures, specified arsenic outgo optimization programs and organizational reorganization, volition effect successful institution savings of astatine slightest $25 cardinal done 2027, with an estimated $13 cardinal successful 2026.

Also, by 2028, the concern anticipates that proviso concatenation outgo savings of astatine slightest $60 cardinal volition adhd astir 160 ground points to the profitability of some company-owned and franchise restaurants successful North America. PZZA established 279 caller restaurants worldwide successful 2025, 96 successful North America and 183 abroad, and system-wide edifice income reached $4.92 billion, up 1% from the twelvemonth before. Adjusted EBITDA was $201.1 million, and nett income for the full twelvemonth was $32.1 million. The institution hopes to amended profitability, fortify its operating base, and foster semipermanent sustainable maturation successful 2026 and beyond by proactively managing closures successful conjunction with ratio initiatives.

Papa John’s International, Inc. (NASDAQ:PZZA) is simply a planetary pizza transportation and carryout concatenation known for prime ingredients, customizable pizzas, and integer ordering, operating thousands of locations worldwide.

While we admit the imaginable of PZZA arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 15 Best Electric Utility Stocks to Invest In Now and 40 Most Popular Stocks Among Hedge Funds Heading Into 2026.

Disclosure: None. Follow Insider Monkey connected Google News.