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Papa John's

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.

Financing

For Papa Johns, the CEO departure came at the wrong time

By Jonathan Maze on Apr. 23, 2024

The Bottom Line: The pizza chain worked to convince franchisees to buy into a massive marketing shift. And then the brand’s CEO left.

Financing

Papa Johns, eager for more unit growth, inks a 50-unit development deal

By Jonathan Maze on Apr. 10, 2024

The Bajco Group will open 50 restaurants in the Midwest, Arizona, Pennsylvania and Florida, as the pizza chain works to increase domestic development.

Marketing

Papa Johns just introduced a major new marketing platform

By Jonathan Maze on Apr. 02, 2024

The pizza delivery chain is building on its “Better Ingredients, Better Pizza” with a new marketing slogan, “Better Get You Some," along with a campaign featuring Big Boi.

Financing

U.S. pizza chains hit a post-pandemic wall

By Jonathan Maze on Mar. 25, 2024

The Bottom Line: Growth that came so easy to pizza delivery chains like Domino’s, Pizza Hut and Papa Johns is now much harder to come by. And now two of them are looking for new leadership.

Leadership

Shake Shack names Rob Lynch CEO

By Jonathan Maze on Mar. 21, 2024

The fast-casual burger chain is plucking the Papa Johns chief executive to take over for Randy Garutti in May. Ravi Thanawala will become the pizza chain’s interim CEO.

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