Shares of Papa John's International NASDAQ: PZZA were halted in a volatile trading session after surging over 9% on credible reports of a take-private offer. The bid is reportedly an all-cash offer of $65 per share from TriArtisan Capital Advisors.
Papa John's is undervalued amid a turnaround, with operational improvements and a shift to franchising supporting a buy rating. PZZA faces tough competition from Domino's on value, but is growing traffic and using a barbell strategy to attract both value and premium customers. Menu simplification and refranchising are expected to boost margins and efficiency, despite risks tied to economic weakness and asset sales.
Papa John's International Inc (NASDAQ:PZZA) shares gained 5% to $43.05 on Monday following a report that the pizza maker is in advanced discussions with TriArtisan Capital to be taken private at $65 per share, according to ABC Money UK, which cited people familiar with the talks. The potential acquisition price would value Papa John's at $2.7 billion.
| Hotels, Restaurants & Leisure Industry | Consumer Discretionary Sector | Todd Allan Penegor CEO | XDUS Exchange | US6988131024 ISIN |
| US Country | 11,400 Employees | 17 Nov 2025 Last Dividend | 25 Nov 1996 Last Split | 8 Jun 1993 IPO Date |
Papa John's International, Inc. is a globally recognized brand known for its pizza delivery and carryout services. Founded in 1984 and headquartered in Louisville, Kentucky, the company has expanded its reach beyond the United States, operating through various segments that include Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations. The brand has established a significant presence both domestically and internationally, catering to a vast customer base with its distinctive services and products under the Papa John's trademark.