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Papa John's — and Papa John — are the biggest losers of 2018 in the restaurant industry.
Papa John's sank more than 12% Tuesday after a report said the private-equity firm Trian Fund Management was no longer interested in the pizza chain.
Papa John's rose 6% early Wednesday after the company posted a comparable sales slump that was not as sharp as Wall Street had feared.
Pizza Hut's NFL sponsorship, which it took over from Papa John's earlier this year, is set to have a "meaningful and lasting impact" on sales, according to Peter Saleh, a BTIG analyst.
Papa John’s spikes after report says the hedge fund that owns a chunk of Wendy’s is looking into buying the pizza chain
Papa John's is surging early Tuesday following a report saying Trian Fund Management is interested in acquiring the pizza chain. The activist hedge fund contacted the pizza chain "to collect information as it explores a possible bid," according to The Wall Street Journal.
Papa John's would be valued at $63.50 per share if it is acquired at similar valuation to Sonic, according to Jefferies.
Papa John's has a new ad campaign that attempts to replace the voice of its disgraced founder with those of franchisees and employees. The first commercial of the campaign ends by flipping through a number of names — Papa Kiersten's, Papa Daniel's, Papa Brant's — before ending on Papa John's.
Pizza Hut is kicking off its first season as the official sponsor of the NFL on Tuesday. "If you look at how we're approaching our partnership with the NFL, it's very different from how our previous sponsor approached it," Marianne Radley, Pizza Hut's chief brand officer, told Business Insider.
Papa John’s reportedly considered hiring Kanye West as a co-spokesperson with ‘Papa John’ before the chain’s founder sparked b...
Papa John's reportedly considered hiring Kanye West to work with founder John Schnatter earlier this year, according to a letter Schnatter wrote to the company's board. Schnatter says he told the ad agency that West couldn't be a spokesperson "because he uses the 'N' word in his lyrics."
‘Our future will not be defined by the words or actions of one person’: Papa John’s is planning to spend up to $50 million on new ma...
Papa John's sales fell by more than 10.5% in July, the month that Forbes reported the chain's founder had said the N-word on a company conference call. On Tuesday, the company reported it planned to spend up to $50 million over the rest of 2018 on costs related to the scandal.