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Papa John's

Financing

Papa John’s works to make its franchisees ‘whole’

The company has generated excitement with the Starboard investment and addition of Shaquille O’Neal, but sales growth remains key to its comeback.

Financing

John Schnatter plans to sell Papa John’s stock

The pizza chain’s founder has hired advisers to explore a sale of all or some of his shares.

Get Top 500 data: sales, units and YOY change, average unit volume, and company/franchise units, as well as Technomic’s analysis, growth forecast and more.

The former McDonald’s and Subway executive will take the marketing reins at the pizza chain.

Adding the well-liked personality to the board and its marketing gives the chain positive buzz for the first time in a while, says RB’s The Bottom Line.

The former NBA star is also investing in nine locations and will be an ambassador for the brand.

The chains show the restaurant industry’s uncertain answer to third-party aggregators, says RB’s The Bottom Line.

The partnership will expand the chain's delivery radius in rural and some suburban areas.

The departure of John Schnatter from its board removes a distraction, but it could put more pressure on management to turn things around, says RB’s The Bottom Line.

The company and its estranged founder have reached an agreement that paves the way for his replacement as a director.