Overview
- About 200 locations are slated to close in 2026, with roughly 100 more planned in 2027.
- Executives said targeted restaurants are not meeting brand expectations or lack a path to sustainable improvement, with sales expected to shift to nearby stores.
- Many affected sites are franchise-owned, more than a decade old, and generate under $600,000 in annual sales, according to the CFO.
- Papa John’s will cut roughly 7% of corporate roles and simplify operations by trimming the menu, including removing Papadias and Papa Bites.
- North America same-store sales fell 5.4% in Q4; the company says the planned closures represent about 21% of global sales and has not named specific locations.