Sales Declined 5 Percent at Papa Murphy’s in 1Q
Papa Murphy’s Holdings, Inc. announced financial results for its first quarter ended April 3, 2017.
Key financial highlights for the first quarter of 2017 include the following:
Revenue was $32 million compared to $33 million in the first quarter of 2016.
Domestic system comparable store sales decreased 5 percent, including a 4.5 percent decrease at domestic franchisee-owned stores and a 9.9 percent decrease at company-owned stores, compared to the first quarter of 2016.