Par Technology Shares Rise on New Contract With Papa John's

Dow Jones01-13

By Katherine Hamilton

Par Technology shares rose after the company said it had been selected to provide a technology platform for the pizza chain Papa John's International.

The stock advanced 7% to $40.50 in after-hours trading Monday. Through the close shares are up 5.3% in the past three months.

Papa John's plans to transition to the point-of-sale provider from its legacy on-premise system. It also intends to integrate Par's enterprise solutions with its own standard store technology configuration, which it said will reduce deployment costs.

The move is part of the fast-food company's effort to make its digital ordering experience better, it said.

The full system rollout is planned across all U.S. corporate and franchise locations by the end of 2027, Papa John's said.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

January 12, 2026 18:09 ET (23:09 GMT)

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