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    Papa John's
    Fast food, Pizza delivery

    Papa John's

    United States flagUnited States

    "Better Ingredients. Better Pizza."

    Founded October 2, 1984 Louisville, Kentucky CEO: Todd Penegor
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    About

    Papa John's started in 1984 when John Schnatter knocked down a broom closet in his father's tavern in Jeffersonville, Indiana, and sold pizzas out of it. He had $1,600 to buy used equipment. That tiny operation grew into the fourth-largest pizza chain in the United States, with over 6,000 locations across 49 countries by 2024.

    The company went public in 1993 under the ticker PZZA on NASDAQ. It built a vertically integrated supply chain, manufacturing fresh dough and distributing ingredients to franchisees. Its core promise, emblazoned on boxes for decades, is "Better Ingredients. Better Pizza." That slogan took a hit after Schnatter's 2018 departure, but the brand kept it. In 2020, the company dropped the apostrophe from its name, becoming Papa Johns, as part of a broader rebranding effort.

    Papa John's operates primarily through franchising, with delivery and carry-out dominating. Dine-in is rare. The chain leans heavily on Leprino Foods for cheese, the same supplier that serves Domino's and Pizza Hut. Its target audience is fast-food eaters aged 18 to 44, especially families. Recent moves include a 2024 partnership with Google Cloud to integrate AI into ordering and operations.

    Products & Sub-brands

    PizzaChicken wingsDessertsPapadiasGarlic knotsCheese sticks

    Frequently Asked Questions

    Who owns Papa John's?
    Papa John's is a publicly traded company on NASDAQ under the ticker PZZA, so it's owned by shareholders. No single individual holds a controlling stake since founder John Schnatter was removed from the board in 2018.
    Who is the CEO of Papa John's?
    As of 2024, Todd Penegor serves as President and CEO. He succeeded Robert Lynch. The company has seen several leadership changes since Schnatter's departure.
    How much is Papa John's worth?
    Papa John's market capitalization is about $1.16 billion. In fiscal year 2024, it reported $2.059 billion in revenue and $83 million in net income, with system-wide sales of $4.85 billion.
    Papa John's vs Domino's: Which is better?
    Domino's is the market leader with over three times as many stores. Papa John's positions itself on quality with its "Better Ingredients" pitch, while Domino's emphasizes speed and value. Which one wins depends on what you prioritize.
    Is Papa John's still in business?
    Yes, Papa John's is very much in business. As of 2024, it operates 6,030 locations in 49 countries. Revenue exceeds $2 billion annually, and the company continues to expand, including a recent AI partnership with Google Cloud.

    Keywords

    pizzadeliveryfast foodfranchiseLouisvilleJohn SchnatterBetter IngredientsPapa JohnsPZZA

    Sources

    Company Info

    Founded
    October 2, 1984
    Founder
    John Schnatter
    CEO
    Todd Penegor
    Headquarters
    Louisville, Kentucky
    Industry
    Fast food, Pizza delivery
    Revenue
    2059000000
    Employees
    15000
    Stock Symbol
    PZZA
    Number of Locations
    6,030 (2024)
    Annual Revenue
    $2.059 billion (2024)

    Official Website

    www.papajohns.com

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