Papa John's

Financing

Shaquille O'Neal's time on the Papa Johns board is coming to an end

The former NBA player turned pitchman will not run for re-election on the board due to business commitments. But he will maintain a relationship with the pizza chain.

Leadership

Papa Johns' international chief is leaving the company

Amanda Clark, who has helped boost the pizza chain’s development in the U.S. and globally, is leaving to take a CEO role “at another company in the franchise industry.”

The pizza chain plans to “right size” its U.K. market this year, closing some unprofitable stores as it prepares many markets for growth.

The pizza chain, which outperformed its largest competitors last quarter, now gets 15% of its sales from companies like DoorDash and Uber Eats.

The pizza chain appointed former executives from Dollar General and Home Depot as directors to support its long-term growth plan.

The pizza chain’s same-store sales were unexpectedly weak last quarter. The company blamed the problem on aggressive pricing by franchisees.

The pizza chain is acquiring restaurants from a franchisee, believing that operating its own locations in the market will improve sales over the long term.

The kitchen is the centerpiece of the pizza chain’s new Atlanta headquarters, which makes sense. Innovation has been the centerpiece of the chain’s comeback.

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.

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

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