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Papa John's revised its North American comparable sales outlook to a 6% to 8% decline and suspended its quarterly dividend due to prolonged challenges in supply chain and customer ordering, impacting its fiscal year performance.
Papa John’s lowered its full-year sales outlook and suspended its quarterly dividend as its North American business faces a soft consumer environment. Chief Executive Todd Penegor said efforts to improve supply chains and the customer ordering experience are taking longer than anticipated.
Booz Allen Hamilton reported a 27% decline in fiscal first-quarter profit on Friday as revenue slipped 4.2% to $2.8 billion, with the Trump administration's push to cut federal consulting spending challenging the company's civil business even as demand accelerated across its national security portfolio.
Domino's Pizza reported a second-quarter profit of $135.8 million and revenue of $1.19 billion on Monday, as U.S. same-store sales growth slowed to 0.1%.