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Papa John's

Financing

Starboard Value takes some equity out of its Papa John’s investment

The investment fund, which bought $250 million in preferred shares two years ago, is selling some of them back for $184 million, says RB’s The Bottom Line.

Financing

Loyalty, third-party delivery and stuffed crust power Papa John’s

The chain now expects to match last year’s numbers despite tough comparisons, while unit growth in the pizza chain accelerates.

Domino’s and Papa John’s both believe they can keep growing sales even as comparisons get tough, and say they have advertising dollars to spend, says RB’s The Bottom Line.

The Restaurant Leader of the Year finalist helped spur a remarkable turnaround at the pizza chain, with some assistance from the pandemic.

Disrupt Foods, cofounded by New Orleans Saints player Malcolm Jenkins, has created a program that will manage athletes' and entertainers’ franchise investments in top fast-food brands.

Stock prices in delivery companies, including Papa John’s and Domino’s, have fallen in recent weeks. But the chains believe they can still do well this year, says RB’s The Bottom Line.

John Schnatter has been on a crusade to repair his reputation, while dragging Papa John's in the media for its quality in the process. Yet that effort doesn't appear to be helping.

The company has added centralized phone orders at company locations and is adding dough spinners as it looks to handle a surge of business.

The pizza chain and rival Domino’s saw their stock prices plunge Thursday as investors worried that the end of the pandemic will hurt their sales.

This week’s episode of the RB podcast “A Deeper Dive” features the chain’s CEO, Rob Lynch, discussing the company’s comeback and how it was helped along by the pandemic.

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