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Papa John's

Financing

At Papa Johns, moving away from local marketing was a 'big miss'

 By Jonathan Maze on Jan. 15, 2025

The pizza delivery chain is looking for strategies to spend more on local marketing, a year after a shift to national marketing did not generate promised sales results.

Financing

Amid slower sales, Papa Johns opens its 6,000th restaurant

 By Jonathan Maze on Jan. 13, 2025

The pizza chain’s same-store sales declined again in the fourth quarter, according to preliminary results released Monday. But it reached a key growth milestone last month.

Financing

The pizza business is changing. Just look at Papa Johns

By Jonathan Maze on Dec. 13, 2024

The Bottom Line: The pizza chain is doing less of its own delivery and a lot more carryout. The data has massive implications for the business and its operators.

Financing

Todd Penegor has some big plans for Papa Johns

By Jonathan Maze on Dec. 12, 2024

The new CEO revealed his plans for the pizza chain in an investor presentation on Thursday, including changes to marketing, a focus on core menu items, investments in technology and some “tough discussions” with franchisees.

Financing

Life is tough for pizza chains right now

By Jonathan Maze on Nov. 11, 2024

The Bottom Line: Major pizza brands like Domino’s, Papa Johns and Pizza Hut are trading share with independents. And fast-casual brands are in decline. The sector has a smaller market, thanks to third-party delivery.

Financing

Papa Johns' sales took a big hit last quarter

By Jonathan Maze on Nov. 07, 2024

The fast-food pizza chain’s same-store sales fell 7% in the third quarter as new CEO Todd Penegor says the company is “acting with urgency” to strengthen the business. The company also made some management changes.

Financing

Todd Penegor steps in at a crucial time for Papa Johns

By Jonathan Maze on Aug. 08, 2024

The pizza-delivery chain is losing ground to competitors as consumers shift to more value-oriented fare. It will be up to the former Wendy’s CEO to find the right balance.

Leadership

Papa Johns names Todd Penegor CEO

By Jonathan Maze on Aug. 01, 2024

The former Wendy’s chief executive will take the helm of the pizza chain immediately. The chain had been looking for a new CEO since the departure of Rob Lynch.

Marketing

The pizza business, looking for customers, takes on burger chains

By Jonathan Maze on Jun. 13, 2024

Papa Johns is bringing back its Cheesy Burger Pizza, after Pizza Hut created its Cheeseburger Melt, as major fast-food chains face challenges with their value reputation.

Financing

Increased marketing spending did not help Papa Johns' sales in April

By Jonathan Maze on May 09, 2024

A softer consumer environment is more than offsetting the pizza chain’s boost in marketing in recent weeks. But profitability improved last quarter.

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