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Papa John's closes 44 stores in multiple locations across the US

Papa John's is shutting 300 US stores to boost profitability. The company closed 44 locations in 17 states during the first quarter. CFO Ravi Thanawala confirmed the overall closure strategy.

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  1. Papa John's closes 44 stores as part of larger US downsizing plan

    Papa John's is shutting 300 US stores to boost profitability. The company closed 44 locations in 17 states during the first quarter. CFO Ravi Thanawala confirmed the overall closure strategy.

    What's confirmed:

    • Papa John's is closing 300 stores in the US to increase profitability.
    • The company shut 44 locations across 17 states during the first quarter.
    • CFO Ravi Thanawala confirmed the broader shuttering plan.
    confidence 100%

  2. Papa John's Plans to Close 300 US Locations

    Papa John's is closing 300 stores in the US to increase profitability. The company shut 44 locations across 17 states during the first quarter. CFO Ravi Thanawala confirmed the broader shuttering plan.

    What's confirmed:

    • Papa John's plans to shutter 300 locations in the US.
    • The company closed 44 stores across 17 states during the first quarter.
    confidence 90%

  3. Papa John's Closes 44 US Stores as Part of Long-Term Reduction Plan

    Papa John's shut 44 stores across 17 states during the first quarter. This is part of a broader strategy to close roughly 300 underperforming North American locations by the end of 2027. The company aims to improve profitability and franchise operations.

    What's confirmed:

    • Papa John's closed 44 stores across 17 states in Q1.
    • The company plans to shut roughly 300 underperforming North American locations by the end of 2027.

    Still unconfirmed:

    • The company expects to close about 200 stores in 2026 and up to 100 more in 2027.
    confidence 100%

  4. Papa John's Executes Store Closure Plan Through 2027

    Papa John's is shrinking its restaurant footprint to improve profitability and franchise operations. The company has already closed more than 40 locations. It intends to shut approximately 300 underperforming North American stores by the end of 2027.

    What's confirmed:

    • Papa John's is closing approximately 300 stores.
    • The company has closed more than 40 locations already.
    • The restructuring aims to improve profitability and franchise operations.

    Still unconfirmed:

    • Texas is one of the states most affected by the closures.
    • The closures are a result of struggling to compete with other fast food chains.
    confidence 90%

  5. Papa John's Shuts 44 US Stores Amid Sales Decline

    Papa John's closed 44 restaurants across 17 states in the first quarter of 2026. These closures are part of a broader plan to shut about 300 North American locations. The company aims to improve profitability and franchise performance.

    What's confirmed:

    • Papa John's closed 44 locations across 17 states during the first quarter of 2026.
    • The company is implementing a restructuring plan to close approximately 300 North American stores.

    Still unconfirmed:

    • Declining North American sales led to the restaurant closures.
    • The closure program is one of the largest portfolio optimization efforts for the chain in recent years.
    confidence 80%

  6. Papa John's closes 44 stores in Q1 2026 as part of larger contraction

    Papa John's shut down 44 locations across 17 states during the first quarter of 2026. This move is the start of a restructuring plan to close approximately 300 North American stores. Many of the initial closures occurred in core Sun Belt states.

    What's confirmed:

    • Papa John's closed 44 stores across 17 states in the first quarter of 2026.
    • The company plans to close approximately 300 locations by the end of next year.

    Still unconfirmed:

    • Many of the first quarter closures were located in core Sun Belt states.
    • The closures included five company-owned and 39 franchised locations.
    • The chain targeted stores generating less than $600,000 annually.
    confidence 90%

  7. Papa John's closes 44 U.S. stores as part of 300-location reduction plan

    Papa John's has shut down 44 stores across 17 states in the first quarter of 2026, including five company-owned and 39 franchised locations. The closures target underperforming locations generating less than $600,000 annually. The chain plans to close an additional 256 stores by the end of 2027. Competitive pressure in fast food is cited as a key factor.

    What's confirmed:

    • Papa John's closed 44 stores in 17 states during its first quarter of 2026, including five company-owned and 39 franchised locations.
    • The closures target stores operating for over a decade with annual sales below $600,000.
    • Papa John's plans to close a total of 300 stores by the end of 2027, as announced in a May 2026 financial report.
    • The closures are part of a broader strategy to reduce underperforming locations amid intensified fast-food competition.

    Still unconfirmed:

    • A list of specific doomed locations for 2026 has been published, though no official confirmation of the full list has been provided by Papa John's.
    • The closures may include additional locations beyond the 44 confirmed, though no further numbers have been verified.
    confidence 92%