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Papa John’s CEO blames founder for drop in sales

Papa John's chief executive Steve Ritchie blamed the company's poor sales performance on founder John Schnatter in a call with analysts Tuesday. Same-store sales were down 6.1 percent for the quarter and 10.5 percent for the month of July......»»

Category: topSource: washpostAug 8th, 2018

Papa John"s could close hundreds of stores if sales don"t rise

Papa John's same-store sales remain under pressure in the third quarter and, if they do not improve, store closures won't be far behind......»»

Category: topSource: moneycentralSep 7th, 2018

Ousted Papa John"s founder rips company"s CEO

Papa John's founder John Schnatter claimed CEO Steve Ritchie is responsible for "rot at the top" that resulted in the company's poor performance......»»

Category: topSource: moneycentralAug 28th, 2018

Ousted Papa John"s founder blames company CEO for "rot at the top" in accusation-filled letter

Papa John's founder John Schnatter claimed CEO Steve Ritchie is responsible for "rot at the top" that resulted in the company's poor performance......»»

Category: topSource: moneycentralAug 28th, 2018

Papa John"s upgraded on potential same-store sales growth

Papa John's International Inc. was upgraded to hold from sell at Stifel on potential same-store sales gro.....»»

Category: topSource: marketwatchAug 15th, 2018

Papa John’s International, Inc. (NASDAQ:PZZA) will miss this critical driver of sales in the next few quarters

Papa John’s International, In.....»»

Category: topSource: livetradingnewsAug 13th, 2018

Can Papa John"s Assistance Program Revive Franchise Sales?

In order to revive sales of franchises that have been negatively impacted by Papa John's dismal sales trend, the company extends advisory support to its.....»»

Category: worldSource: nytAug 13th, 2018

Papa John’s embattled CEO Steve Ritchie braces for fight: 'Pizza is my life'

The battle between Papa John's CEO Steve Ritchie and founder John Schnatter escalated last week as the company announced miserable second quarter earnings and sales that sent the stock price plummeting. .....»»

Category: topSource: usatodayAug 13th, 2018

Papa John"s cuts costs for North America franchisees as sales fall

Papa John's International Inc on Friday said it would lower royalties and fees charged to its U.S. and Canadian franchisees as sales at the U.S. pizza chain decline following the acrimonious exit of it founder......»»

Category: topSource: reutersAug 10th, 2018

The Papa John"s Disaster Could Be Domino"s and Pizza Hut"s Gain

Papa John s PZZA sales.....»»

Category: futuresSource: nasdaqAug 10th, 2018

The Papa John"s Disaster Could Be Domino"s and Pizza Hut"s Gain

Papa John's (PZZA) sales are suffering after the ex-CEO of the company, John Schnatter, was publicly denounced for using racist language. Now, Domino's and Pizza Hut could steal more pizza ma.....»»

Category: personnelSource: nytAug 10th, 2018

Papa John"s (PZZA) Q2 Earnings Meet Estimates, Revenues Lag

Papa John's (PZZA) dismal second-quarter results can be attributed to decrease in domestic company-owned restaurant sales and decline in North America commissary sales on weak volumes. Papa John's International, Inc. PZZA r.....»»

Category: worldSource: nytAug 8th, 2018

Papa John"s growing rift with founder casts doubts on recovery

Shares of Papa John's International Inc (PZZA.O) slumped as much as 7 percent on Wednesday and hit a near four-year low, a day after the U.S. pizza chain cut its current-quarter forecast blaming its ongoing tussle with the chain's founder......»»

Category: topSource: moneycentralAug 8th, 2018

Papa John"s growing rift with founder casts doubts on recovery

Shares of Papa John's International Inc (PZZA.O) slumped as much as 7 percent on Wednesday and hit a near four-year low, a day after the U.S. pizza chain cut its current-quarter forecast blaming its ongoing tussle with the chain's founder......»»

Category: topSource: moneycentralAug 8th, 2018

Papa John"s growing rift with founder casts doubts on recovery

Shares of Papa John's International Inc slumped as much as 7 percent on Wednesday and hit a near four-year low, a day after the U.S. pizza chain cut its current-quarter forecast blaming its ongoing tussle with the chain's founder......»»

Category: topSource: reutersAug 8th, 2018

Papa John Claims He’s Not To Blame For Poor Financial Performance

Blames the 'deteriorating performance' on CEO Steve Ritchie. Papa John's took a beating in the second-quarter--and it thinks Papa John is to blame. But Papa J.....»»

Category: europeSource: fortuneAug 8th, 2018

Papa John"s blames Papa John for its big sales decline

Read full story for latest details......»»

Category: topSource: cnnAug 8th, 2018

Papa John"s blames Papa John for big sales decline

Papa John's said same-store sales declined 6.1% in North America in the second quarter because of controversy surrounding founder John Schnatter's use of a racial slur......»»

Category: topSource: moneycentralAug 8th, 2018

"Our future will not be defined by the words or actions of one person": Papa John"s is planning to spend up to $50 million on new marketing, an internal audit, and legal costs after the founder said the N-word on a company call (PZZA)

Jason Merrit/Getty Papa John's sales fe.....»»

Category: topSource: businessinsiderAug 7th, 2018

Papa John Causes Papa John’s Sales and Profits to Plunge, Says Papa John’s

The pizza-chain saw a significant financial and stock decline following its partially-ousted founder's racial remarks. The financial pie is getting smaller at Papa John’s, the U.S. .....»»

Category: europeSource: fortuneAug 7th, 2018