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Papa John's posts 31.9% surge in 4th-Q profits

LOUISVILLE Ky. Aided by a beneficial tax settlement, an extra operating week versus the year earlier and a revenue gain of 11.9-percent to $277.9 million, Papa John's International Inc. reported a 31.9-percent surge in fourth-quarter profit.

For the quarter ended Dec. 31, Papa John's earned $19 million, or 59 cents per share, compared with profit of $14.4 million, or 42 cents per share, in the year-earlier fourth quarter.

Domestic systemwide same

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TAGS: Finance
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