Latest news with #loyaltyprogramme
Yahoo
a day ago
- Business
- Yahoo
Papa Johns net income drops to $9.7m in Q2 2025
Papa Johns International has reported a net income of $9.67m for the second quarter (Q2) of 2025, a decline from $12.53m in the same period of the previous year. The company attributed the decline to increased general and administrative expenses, which resulted from investments in marketing and its loyalty programme, even though overall revenues were higher. This decline was also due to a $3.7m rise in incentive compensation under the Management Incentive Plan, and increased food and labour costs at company-owned restaurants. For Q2, which ended 29 June 2025, the company's total revenues were $529.16m, an increase of 4% compared with the previous year's second quarter The restaurant company attributed the growth to higher commissary revenues. Papa Johns' global system-wide restaurant sales for the latest quarter were $1.26bn, representing an increase of 4% year-on-year. Its North America comparable sales were up 1% from a year previously, while its international comparable sales increased 4%. The company's diluted earnings per common share in Q2 2025 were $0.28 compared with $0.37 in Q2 2024. Adjusted earnings before interest, taxation depreciation and amortisation (EBITDA) were $52.6m, a $6.3m decline from the same period of the previous year. In Q2 2025, the brand opened 45 new restaurants system-wide, with 19 new locations in North America and 26 in international markets. Papa Johns international president and CEO Todd Penegor stated: 'Papa Johns' second quarter results exceeded our expectations and are evidence that our strategy is working. 'We returned to comparable sales growth in North America and achieved strong sales growth internationally, driven by transaction gains as we win more customer visits with a focus on our core pizza business. 'Our progress in the second quarter reinforces my confidence that we are on the right track to deliver significant, sustainable profitable growth and increased value for all Papa Johns' stakeholders.' Papa Johns International has reaffirmed its 2025 annual guidance for several key metrics and has increased the projected range for international comparable sales. The company anticipates system-wide sales growth between 2% and 5%, while North America comparable sales are expected to remain flat or increase by up to 2%. Meanwhile, the forecast for international comparable sales has been adjusted upward to a range of between 2% and 4%, from the previous estimate of flat to 2%. The company plans to open 85 to 115 new locations in North America and 180 to 200 internationally. Papa Johns also projects an adjusted EBITDA between $200m and $220m, with capital expenditures estimated between $75m and $85m. "Papa Johns net income drops to $9.7m in Q2 2025" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
3 days ago
- Business
- Zawya
Smiles and Etihad Guest partnership takes off, offering better rewards across both loyalty programmes
Abu Dhabi – Smiles, e& UAE's everyday rewards Super App that also houses its loyalty programme, has launched a partnership with Etihad Guest, the loyalty programme of Etihad Airways, the national carrier of the United Arab Emirates. Now offering customers of both programmes a fully integrated experience through the Rewards Exchange on the Smiles app, and soon via the Etihad website and mobile app. Customers can now link their loyalty accounts to transfer between the programmes and instantly convert Smiles points to Etihad Guest Miles and vice versa. Unlocking greater flexibility, enhanced rewards earning potential, and more ways to spend points and miles across both programmes. Masood Mohamed Sharif, Chief Executive Officer, e& UAE, said: 'This collaboration brings together two of the UAE's most trusted homegrown brands to deliver even more value to our loyal customers. By enabling seamless Smiles points and Etihad Guest Miles exchange, we're not only growing the rewards ecosystem but also making benefits more accessible. It reflects our focus on creating smarter, more connected experiences that meet the evolving expectations of our customers.' Antonoaldo Neves, Chief Executive Officer Etihad Airways, said, 'This partnership showcases our commitment to delivering extraordinary customer service for our guests, offering enhanced redemption flexibility and membership benefits. We are delighted to be collaborating as two of the UAE's most successful and international, Emirati brands, offering our loyal Etihad Guest members greater options to collect and redeem Miles, through this collaboration with e&.' This partnership allows loyalty members of both brands to maximise the value of their rewards. Via the Smiles App, Etihad Guest members can now transfer their Etihad Guest Miles to Smiles Points and enjoy access to over 55 lifestyle services on the Smiles app, including food and grocery delivery, home services, e& bill payment and recharge, as well as exclusive deals across shopping, dining, entertainment and more. In turn, Smiles customers can transfer their points into Etihad Guest Miles to increase their balance and redeem their miles on flights across the airline's expanding network, upgrades, worldwide hotel stays and holidays, and shop from a huge range of products at the Etihad Guest Reward Shop. To initiate the exchange, customers of both programmes must link their accounts through the 'Rewards Exchange' section on the Smiles app and will be able to instantly transfer their loyalty currencies from one programme to the other. This strategic collaboration between two of the UAE's most prominent homegrown brands offers existing loyal customers more ways to benefit—and invites new customers to explore the best of both worlds: everyday lifestyle rewards through Smiles, and extraordinary travel experiences through Etihad Guest. The integration is available exclusively through the Smiles app now, with the opportunity for members to transfer via the Etihad website and newly launched mobile app in the near future. Smiles and Etihad Guest Partnership Takes Off, Offering Better Rewards Across Both Loyalty Programmes Contact: e& Media Office Shilpa Villait: svillait@ Nancy Sudheer: nsudheer@ Amer Obaid: amerobaid@ Noha Serageldin: nserageldin@ Grace Eid: Eid: geid@ mediaoffice@
South China Morning Post
4 days ago
- Business
- South China Morning Post
Alibaba's Taobao debuts multi-tier loyalty scheme offering shopping discounts, hotel perks
Alibaba Group Holding 's online marketplace Taobao has launched a new membership system that integrates various services from the firm's other apps, aiming to create synergies and drive growth across the company's expansive ecosystem. The loyalty programme, free of charge, offers users a range of benefits from Taobao, on-demand delivery service online travel agency Fliggy, grocery chain Freshippo, and online mapping and ride-hailing service Amap. It was open to about 1 billion users on Taobao and sister shopping platform Tmall, the company said on Wednesday. The move confirms a report by the Post on Tuesday that Alibaba was planning a new membership programme spanning multiple services. Alibaba owns the Post. The Hilton Hawaiian Village Waikiki Beach Resort in Honolulu. Members in the highest tier of Taobao's new loyalty scheme enjoy gold status at Hilton and other hotel chains. Photo: Dreamstime/TNS The new system features six tiers: bronze, silver, gold, platinum, diamond and black diamond. Each Taobao user is assigned a tier based on their past activities on the platform, along with corresponding benefits, according to the company. Members in the highest tier, black diamond, are eligible for at least 14 benefits, including an additional 20 per cent discount on select products on Taobao and Tmall, as well as premium membership on Fliggy that confers gold status at 31 lodging chains, including Marriott International and Hilton Hotels and Resorts.
The Sun
6 days ago
- Business
- The Sun
O2 announces massive change to free service which could see customers miss out on exclusive benefits and deals
MOBILE network O2 is urging millions of customers not to miss out over a massive change to its Priority service. The company is making a huge change to the free service in August. 1 This will affect how customers access its perks and offers. The mobile network has announced it will be removing the Priority section from its website to make the O2 Priority app the primary way to access exclusive benefits and deals. The change aims to help improve the user experience by consolidating access to Priority in one place. The change means customers will have to download and use the app instead. Date for switch The switch will take place from Monday, August 11. From this date onwards O2 customers will no longer be able to access Priority via the O2 website. In a message to customers, O2 said: 'From 11 August 2025, you won't be able to access Priority through our website. Don't miss out on exclusive rewards and experiences - download the priority app today.' O2 Priority is a loyalty programme that provides exclusive rewards, offers and experiences for O2 and Virgin Media broadband customers only. Hundreds of Oasis fans left heartbroken after ticket sites time out at checkout in booking 'bloodbath' The rewards are updated every month and include things such as money off Disney+ subscriptions. There are also discounts on travel, food and drink deals, and prize draws. O2 Priority also grants customers early access to thousands of gigs and events across the UK. Buying gig tickets This includes access up to 48 hours before the general sale of huge events. O2 has confirmed that customers will continue to be able to access O2 Priority pre-sale tickets on Ticketmaster following the change on August 11. Customers need to be logged into their O2 Priority account and will be redirected to the Ticketmaster website to complete their ticket purchase. In a statement, O2 explained: 'To access O2 Priority pre-sale tickets on Ticketmaster, firstly, make sure that you're signed into your O2 Priority account, then click on your desired link in O2 Priority and it will take you to Ticketmaster, where you can book and pay for your tickets.' The O2 Priority App is free to download from the app store, or by texting 'PRIORITY' to 2020. How to avoid the ticket rip-off and beat the queues Oasis fans blasted Ticketmaster for slyly doubling prices as millions queued for the checkout. Ticketmaster called it ' dynamic pricing ', where prices surge with demand. Consumer group Which? has since said the lack of warning about the hikes could have breached consumer law. One way to avoid surge pricing is by looking for pre-sales, which are available to a select group of fans before they are offered to the general public. You will have to sign up to get access. Liz Hunter, of money expert. com, said: 'Pre-sales sell tickets at their standard price so you won't be surprised by dynamic pricing, and once they're gone, they're gone. 'Fans who have signed up to the mailing list or even made a purchase of merchandise or a CD, for example, will get first dibs on any pre-sales.' Some reward schemes, such as O2 Priority, Three+ and Vodafone's VeryMe, will usually offer pre-sales around 48 hours before general release. Credit cards including American Express and Capital One also have offers or pre-sales for their customers. Sign up to newsletters and mailing lists for your favourite artists, shows and venues to be the first to know of any new ticket sales. TOP TIP: If there is massive demand, team up with friends to get through the online queues. James Daley, from the campaign group Fairer Finance, says it's easier to nab a bargain when events do not sell out. He added: 'Secondary sites like Twickets often have tickets below face value as the day of the event approaches. "People's plans change and if they haven't sold their tickets, they will often be prepared to accept less than they paid. "There's no harm in making a cheeky low ball offer, too.'
Al Bawaba
31-07-2025
- Business
- Al Bawaba
Kempinski Hotels Launches Double DISCOVERY Dollar Promotion for KEMPINSKI DISCOVERY Members
As a founding member of the Global Hotel Alliance (GHA), Kempinski Hotels announces a new Double DISCOVERY Dollar Promotion for members of KEMPINSKI DISCOVERY. As part of the GHA DISCOVERY programme, both current and prospective loyalty programme members can earn twice the DISCOVERY Dollars (D$) on all eligible direct bookings from 1 August to 30 September, 2025. The limited-time promotion is available across the entire GHA DISCOVERY portfolio, which includes more than 850 hotels across 45 brands worldwide, doubling the earning potential for travellers seeking indulgent dining, spa treatments, and unforgettable experiences.'Meaningful hospitality begins with understanding what makes each guest unique. Our loyalty philosophy is simple: recognise individuality, reward curiosity and inspire new journeys,' said Yannick Brandner, Director Corporate Loyalty, Kempinski Hotels. 'We are committed to making each experience not only rewarding, but personally meaningful. This year's Double DISCOVERY Dollar promotion gives our members even more to look forward to.'The promotion enhances rewards across all membership tiers, with members earning up to 14% back in D$ on eligible spend. These cash-equivalent rewards (1 D$ equals to 1 USD) are easily redeemable for stays, spa treatments, dining, room upgrades, or curated experiences at Kempinski Hotels globally and across the broader GHA DISCOVERY network. Unlike traditional points systems, GHA DISCOVERY offers a transparent and flexible model, allowing members to earn D$ rewards easily, access unique member benefits and achieve elite status through multiple paths that align with their travel lifestyle. To participate, members simply need to opt in through the Double DISCOVERY Dollar promotion page on or through the Kempinski Hotels App. Reservations must be made through direct channels between August 1 and 30 September 2025, with stays completed by 30 September, 2025. DISCOVERY Dollars earned through the campaign will be valid for six months from the date of issuance, giving members flexibility to plan their next experience.
