Papa John’s Stock Is Suffering Bad

Submitted by MAGA Student

Posted 13 days ago

Papa John’s has not been the same since the resignation and the ouster of former owner John Schnatter.

The company’s stock has 6% since Schnatter’s departure.

From money.cnn.com

Papa John's said same-store sales in North America fell 6.1% in the three months ending in July because of controversy surrounding founder John Schnatter's use of a racial slur.


"Results have been challenged by recent events," Steve Ritchie, president and CEO of Papa John's (PZZA), said in a statement on Tuesday. "Our entire leadership team understands the importance of getting our culture and business improvements right."

Shares fell nearly 9% after hours on Tuesday.

The company said that July sales fell by about 10.5% in North America because of the negative publicity from the incident.


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jesonmart 13 days ago (report)

★★I a­m m­a­k­ing 8­8 bu­ck­s h­ou­rl­y f­or w­ork­­i­ng fr­­om ho­me. I n­ev­­er th­o­ug­ht th­­at i­­t wa­s­ le­­g­­it bu­t m­­­y ­be­st f­r­ie­nd­ is ea­rni­­ng 1­­5 th­­ou­­­­sa­nd do­­ll­­ar­­s a ­mo­­­n­­th b­y wo­­­rk­­in­g o­­n­­li­ne a­­nd sh­­­e r­ec­­omm­­­en­­de­­d m­­e t­­o t­r­­y i­­t. T­ry i­­t o­­ut on f­­ol­­lo­wi­­ng we­­bsi­­te, y­­­­­ou ha­­ve no­­th­in­­g t­o lo­­se...

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Ted 12 days ago (report)

Should never gotten rid of the founder, political correctness is going to be the undoing of Papa John's. Companies cannot seem to grasp that those trying to tell everyone what is acceptable speech or what can think, or say are in the minority (and not by just a little), and that the overwhelming majority of people are more than tire of have the political correct bull Bing rammed down their throats by the mainstream media....

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Granny 8 days ago (report)

Well it’s like this. What he said was not life threatening, and an apology should have been okay, even though the name calling can be made by liberals and Democrats and to you it’s okay. I’m not protesting what he said, I’m protesting the way you treated him. So the real Americans are sick and tired of the rhetoric that plays out. Remember what’s good for the goose is good for the gander. Hire him back and the real Americans will support you again. Get the picture.

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