Sales Declined 5 Percent at Papa Murphy’s in 1Q

May 11, 2017

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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.