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by tomjakubowski 22 days ago
> rather than spend a penny of the $87 million in gross profit they were making.

PJ's gross profits are much higher than this, in the hundreds of millions, usually over $500M. $87 million is approximately their net income for 2024 ($83.49M, down to $30.5M in 2025).

https://www.macrotrends.net/stocks/charts/PZZA/papa-johns/gr...

https://www.macrotrends.net/stocks/charts/PZZA/papa-johns/ne...