Papa John's tumbles after same store sales miss big (PZZA)

Kate Taylor

Papa John's Pizza International is tumbling on Wednesday after the company reported fourth-quarter earnings on Tuesday afternoon. 

The American pizza company announced fourth-quarter earnings that increased from last year and beat analysts expectations, however, same-store sales growth fell short. 

Here are the numbers: 

• Earnings: $0.88 a share versus $0.66 expected.
• Revenue: $439.62 million versus $447.4 million expected.
• North American same-store sales growth: Up 3.8% versus up 5.9% expected. 

Looking ahead, Papa John's sees comparable sales growth of 2% to 4% in the U.S. and 4% to 6% internationally in 2017.

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