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00:02Papa John's reported adjusted earnings of $0.32 per share on $478.6 million in revenue,
00:10missing analyst estimates of $0.35 per share and $485.7 million, according to LSEG.
00:18North America comparable sales fell 6.4% for the third straight quarter,
00:23as the pizza chain struggled to attract customers in a cautious consumer environment.
00:28CEO Todd Pentagor said the company is navigating a promotional quick-service restaurant market.
00:34Adjusted earnings came in at $0.32 per share on $478.6 million in quarterly revenue,
00:41missing analyst estimates of $0.35 per share and $485.7 million in revenue.
00:48The pizza chain reiterated its annual forecast.
00:51The results follow Earth Capital's March offer to acquire the company for $47 per share
00:56in a deal valuing Papa John's at $1.5 billion.
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