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Papa John's

Financing

Can Papa John’s move on now?

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.

Financing

John Schnatter to leave the Papa John’s board

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

Financing

Papa John’s controversy cost the chain $51M last year

By Jonathan Maze on Feb. 26, 2019

The chain closed 104 domestic locations in 2018 after same-store sales fell amid the dispute with John Schnatter.

Financing

Papa John’s has a franchisee problem

By Jonathan Maze on Feb. 20, 2019

An analyst suggests operators are struggling, which is a problem given heavy pizza price competition, says RB’s The Bottom Line.

Operations

John Schnatter steps up his fight against Papa John’s

By Jonathan Maze on Feb. 19, 2019

While the chain’s founder expressed support for investor Starboard Value, he also accused the board of protecting its own interest.

Financing

Papa John’s wants to bring its founder along for its comeback

By Jonathan Maze on Feb. 06, 2019

Speaking on CNBC, CEO Steve Ritchie said the chain hopes John Schnatter will benefit from its turnaround, says RB’s The Bottom Line.

Financing

Papa John’s savior has a tough task

By Jonathan Maze on Feb. 05, 2019

The company’s sales have worsened over the past 18 months, and things aren’t getting any easier, says RB’s The Bottom Line.

Financing

Starboard makes a $200M investment in Papa John’s

By Jonathan Maze on Feb. 04, 2019

Jeff Smith was named chairman as the company got a cash infusion to pay off debt and invest behind its strategic initiatives.

Financing

Papa John’s stock plunges on its latest sale report

By Jonathan Maze on Feb. 01, 2019

The company is reportedly no longer for sale, but is looking for an investor as it seeks to recover from a tough year.

Financing

These restaurant chains are all for sale right now

By Jonathan Maze on Jan. 29, 2019

RB’s The Bottom Line takes a look at the companies currently seeking buyers, and a few that might actually sell.