Overview
- Roughly 200 of the identified underperforming restaurants are slated to close in 2026, with the remainder shutting by the end of 2027.
- Management projects at least $25 million in non‑marketing cost savings through 2027, including about $13 million expected this year.
- The closures target units that the company says are largely franchise-owned, more than a decade old, and generating average unit volumes under $600,000.
- Papa Johns will phase out the Papadias and Papa Bites platforms as part of menu simplification, and it expects near-term pressure on 2026 North America comparable sales.
- The company plans 180 to 220 gross new restaurant openings in 2026 across all markets and will accelerate refranchising to reduce the company-owned share to the mid-single digits.