Papa John's

Financing

Papa Johns wants to help its franchisees open more locations

The pizza chain will help franchisees with construction services in a bid to spur more growth, saying its unit economics warrant a better pace of development.

Food

Papa Johns takes a page from Taco Bell with launch of the Doritos Cool Ranch Papadia

The pizza chain collaborated with mega-snack company Frito-Lay on a cool flavor extension for its signature Papadia.

The fast-food pizza chain signed a deal with PJP Investments to develop 650 locations in the populous country by 2033. The first location is expected to open in 2024.

Ann Gugino, whom the quick-service pizza chain hired in 2020, resigned as chief financial officer this week. The company said that it is searching for a replacement.

The pizza delivery chain also said that it is buying out most of the shares owned by Smith's hedge fund, Starboard Value.

Quick-service pizza delivery chains like Domino's and Papa Johns have reported weaker sales and traffic as consumers look for other options, or simply decide to stay home.

Max Wetzel, who has worked with the company since 2019, is leaving to take a CEO position “at another company.”

The R&D team combined technology and cheese in just the right proportions to create the Crispy Parm Pizza.

The Crispy Parm Pizza has a layer of cheese baked under the crust to double the cheesy experience.

The pizza chain, eager to add locations outside the U.S., has rolled out a new prototype designed to be more flexible and tailored to specific needs.

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