Operates and franchises pizza delivery and restaurants
Papa John's International, Inc. operates and franchises pizza delivery and carryout restaurants and, in certain international markets, dine-in and restaurant-based delivery restaurants. It operates through six reportable segments: Domestic Company-Owned Restaurants, Domestic Commissaries, North America Franchising, International Operations, Variable Interest Entities and All Other. The Domestic Company-Owned Restaurant segment consists of the operations of all domestic company-owned restaurants engaged in the retail sales of pizza and other food and beverage products to the general public. The Domestic Commissary segment consists of the operations of its regional dough production and product distribution centers engaged in the sale and distribution of food and paper products to company-owned and franchised restaurants. The North America Franchising segment consists of its franchise sales and support activities engaged in the sale of franchise and development rights and the collection of royalties from its franchisees located in the United States and Canada. The International Operations segment principally consists of company-owned restaurants and distribution sales to franchised Papa John's restaurants located in the United Kingdom, China and Mexico and its franchise sales and support activities engaged in the sales of franchise and development rights and the collection of royalties from its international franchisees. The Variable Interest Entities segment consists of entities in which the company is beneficiary. The All Other segment consists of operations that derive revenues from the sale to company owned and franchised restaurants of printing and promotional items, risk management services, and information systems and related services used in restaurant operations, including online and other technology-based ordering platforms. Papa John's International was founded by John H. Schnatter in 1985 and is headquartered in Louisville, KY.