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Papa John's International (PZZA.O) missed expectations for first-quarter revenue and profit on Thursday as the pizza chain failed to draw diners, especially in its U.S. market, at a time when consumers struggle with high living costs.
Shares of the company fell about 4% in premarket trading.
including McDonald's (MCD.N) and Domino's (DPZ.O) reported weaker quarterly sales growth, citing a hit to customer spending from soaring gasoline prices driven by the Iran war.