Papa John's International, Inc. (PZZA)'s Had A Surprisingly Good Quarter, Says Jim Cramer

We recently published 9 Stocks Jim Cramer Discussed As He Mentioned Trump & Intel’s CEO. Papa John’s International, Inc. (NASDAQ:PZZA) is one of the stocks Jim Cramer recently discussed.

Papa John’s International, Inc. (NASDAQ:PZZA)’s shares have gained 12% since its earnings report to push the stock into the green through 5% year-to-date gains. The earnings saw the firm beat analyst revenue and EPS estimates. Compared to peer Domino’s 1% year-to-date gains, the strong earnings performance pushed Papa John’s International, Inc. (NASDAQ:PZZA) ahead in stock market performance. Cramer was surprised by the strong earnings performance as he commented:

“They like Todd Penegor, because it looks like that Papa John’s had a good quarter which is surprising to me because pizza’s been under pressure.”

Previously, Cramer discussed Papa John’s International, Inc. (NASDAQ:PZZA)’s management, and his remarks make his surprise at the earnings understandable:

“Okay, I’m into fitness, ‘fitness’ pizza in my mouth. I love Papa John’s. It’s fantastic. And I think that, you know, look, here’s the thing, the only problem with Papa John’s is that they changed the management. The really great guy went… from Papa John’s… went to Shake Shack, and you got Todd Penegor there, and Todd, he is a really good guy, but he was at Wendy’s before and I have watched what Shake Shack has done since, and I think that Shake Shack got the better end of the deal. It’s been really fabulous since Rob Lynch moved over there. So I’m going to have to say we have to wait and see. I like the pizza though very much, but I need to see how Todd does there. He’s new.”

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Disclosure: None. This article is originally published at Insider Monkey.