Papa Murphy’s 4Q same-store sales decline on difficult comparisons

Papa Murphy’s 4Q same-store sales decline on difficult comparisons

Revenue rises amid new restaurant openings

Papa Murphy’s Holdings Inc.’s 19-quarter run of consecutive same-store sales increases ended in the fourth quarter, when same-store sales fell 3.1 percent. 

President and CEO Ken Calwell blamed the decline on a steep rise in same-store sales a year earlier, when the parent company of the Vancouver, Wash.-based take-and-bake chain introduced its Gourmet Delites line and saw same-store sales rise 8.4 percent at company-owned units and 4.3 percent at franchised locations.

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