Papa John’s 3Q earnings rise despite discounting

While comparable-store sales at Papa John’s International slipped amid segment-wide discounting pressures in the third quarter, chain executives reported that increased guest counts helped the pizza chain grow earnings per share.

Papa John’s officials said that even “in the face of what continues to be a challenging competitive environment,” the chain posted earnings per share growth of 6.7 percent compared with the third quarter of 2009, excluding special items

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