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Papa John’s Announces Investments into Marketing and Support for U.S. Franchise System

Papa John’s International, Inc. (NASDAQ: PZZA) today announced increased investment in marketing and brand initiatives as well as an agreement to provide scheduled financial assistance for domestic franchisees ending in 2020. This program has the support of the Company’s elected Franchise Advisory Council (FAC). This announcement enhances the partnership between the Company and franchisees by delivering needed investment in the brand and providing franchisees with certainty on the schedule of remaining royalty relief, as outlined in the agreement.

“The strength of our brand and of our franchisees are both critical to Papa John’s long-term success. We’re pleased to announce that Papa John’s will make a significant investment in...

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Jun 21 11:38 AM, General News



Papa John's International Opens Its 2000th Restaurant Outside North America

Papa John's International, Inc. (NASDAQ: PZZA) continues to expand its global presence, recently opening its 2000th restaurant outside North America. The milestone restaurant opened in Moscow, Russia. Russia, with more than 200 restaurants, is one of the company’s fastest growing markets.

Papa John’s international business has been growing rapidly since the company took its pizza to the world by opening a restaurant in Mexico City in 1998. A decade later, Papa John’s marked another milestone with the company’s 500th international restaurant opening in Turkey in 2008, followed by the celebration of the 1000th restaurant opening in 2013.

Just over five years later, with a concerted focus on ramping up global development, the number of international restaurants has...

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Apr 24 11:58 AM, General News


Papa John’s Appoints Karlin Linhardt as Global Chief Marketing Officer

Papa John’s International, Inc. (NASDAQ: PZZA), one of the world’s largest pizza delivery companies, today announced the appointment of Karlin Linhardt as its Global Chief Marketing Officer. Mr. Linhardt is a veteran marketing leader with deep Quick Service Restaurant (QSR) category experience and C-suite executive roles at global Fortune-500 restaurant companies, consumer brands and top professional services firms, including Anheuser-Busch, McDonald’s, Accenture and Subway.

In his most recent role, Mr. Linhardt served as Senior Vice President of Marketing for North America for Subway Restaurants, where he led brand management and guest experience for 30,000 restaurants and designed the company’s global brand transformation plan. Prior to Subway, Mr. Linhardt served as ...

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Mar 28 9:39 AM, General News


Papa John's Announces National Partnership with DoorDash 

Today, Papa John’s International, Inc. (NASDAQ: PZZA) announced a national partnership with DoorDash, the fastest-growing on-demand destination for door-to-door delivery, offering delivery from more than 1,400 restaurants. To celebrate the launch, lucky pizza lovers can get $0 delivery during St. Patrick’s Day weekend from March 15-17 on all orders over $10 delivered through the platform at participating locations.

By working with partners like DoorDash, Papa John's continues to find ways to reach new customer segments and expand its off-premise offerings through delivery and takeout.

“This partnership extends our continued commitment to meet customers wherever they are and provide simple, easy ordering for guests in addition to our own ...

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Mar 14 8:12 AM, General News


Papa John's Announces Fourth Quarter 2018 Results and Provides 2019 Outlook 

Papa John’s International, Inc. (NASDAQ: PZZA)today announced financial results for the three months and full year ended December 30, 2018.

Highlights

  • Loss per diluted share of ($0.44) and adjusted earnings per diluted share of $0.15 in the fourth quarter of 2018, excluding the impact of Special items; adjusted earnings per diluted share down 72.2% from the fourth quarter 2017 of $0.54
  • Earnings per diluted share of $0.05 and adjusted earnings per diluted share of $1.34 for full year 2018, excluding Special items; adjusted earnings per diluted share down 46.6% from full year 2017 of $2.51
  • System-wide North America comparable sales decreases of 8.1% for the fourth quarter and 7.3% for the full year
  • International comparable sales decreases of 2.6% for the fourth quarter and 1.6% for the full year ...
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Feb 27 8:23 AM, General News


Papa John’s Announces Strategic Investment from Starboard and Appointment of Three New Directors

Papa John’s International, Inc. (NASDAQ: PZZA) today announced that it has entered into a securities purchase agreement with Starboard Value LP pursuant to which Starboard is making a $200 million strategic investment in the Company with the option to make an additional $50 million investment through March 29, 2019, as described below.

In connection with the investment, the Papa John’s Board of Directors is expanding to include two new independent directors, including Jeffrey C. Smith, Chief Executive Officer of Starboard, who has been appointed Chairman of the Papa John’s Board, and Anthony M. Sanfilippo, former Chairman and Chief Executive Officer of Pinnacle Entertainment, Inc. These directors bring substantial experience in the restaurant, retail and hospitality industries, with skill sets spanning operational turnarounds, corporate finance and corporate governance. Their expertise and new perspectives will help support ...

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Feb 4 9:35 AM, General News


Papa John’s Investigation Continued by Former Louisiana Attorney General

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC, announces that KSF has commenced an investigation into Papa John’s International, Inc. (NasdaqGS: PZZA).

In July 2018, a public battle erupted between founder, John Schnatter, and the Board of Directors after he resigned as Chairman when his use of a racial slur during a conference call was made public, later reversing his decision, leading the Board to limit his involvement. Schnatter, who owns 30.9% of the Company, subsequently filed suit against ...

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Dec 10 2:00 PM, General News


Forget Cryptocurrency; Papa John's Introduces “Crusto-Currency” with New Papa Dough

Earn Points Faster than Ever Before with Papa John’s New Gold Standard Rewards Program

Papa John’s International, Inc. (NASDAQ: PZZA) today announced a new Papa Rewards program that rewards points five times faster than before. Points earned turn into the gold standard of pizza rewards currency: Papa Dough, which can be redeemed towards anything on the menu – pizzas, sides, deserts and more (excluding alcohol) – including limited time offers and deals.

Changes to the program include:

  • Now receive one point for every dollar spent (previously 1 point for every $5 spent).
  • 75 points = $10 Papa Dough
  • No limitations for the amount of points that can be earned per transaction
  • Now able to earn on any order – on web, apps, by phone or in store ...
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Dec 10 9:05 AM, General News


Papa John's Announces Third Quarter 2018 Results Showing Decrease in Sales

Papa John’s International, Inc. (NASDAQ: PZZA)today announced financial results for the three and nine months ended September 30, 2018.

Highlights

  • Loss per diluted share of ($0.41) and adjusted earnings per diluted share of $0.20 in the third quarter of 2018, excluding the impact of Special items; adjusted earnings per diluted share down 66.7% from the third quarter 2017 of $0.60
  • System-wide North America comparable sales decrease of 9.8%
  • International comparable sales decrease of 3.3%; total international sales increase of 10.0%, driven by unit growth
  • Company completed the refranchising of...
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Nov 7 8:52 AM, General News


Cicis Names New Chief Operating Officer

20-year industry veteran Toni Bianco to lead operations for pizza buffet brand

Cicis, the nation’s leading pizza buffet restaurant known for its unlimited pizza, pasta, salad and dessert buffet, has named Toni Bianco as its new Chief Operating Officer.

Bianco, who joined the company in September, heads day-to-day operations and oversees all training for Cicis’ more than 430 corporate-owned and franchised restaurants.

“Toni brings a wealth of knowledge and expertise to Cicis and will provide the leadership and vision necessary to meet our operational goals,” said Cicis CEO Bill Mitchell. “He will be an integral part of Cicis’ future as we continue...

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Oct 19 10:27 AM, General News


Papa John's Announces New Organizational Structure and Executive Appointments

New Structure Designed to Improve Customer Experience and Drive Growth

Papa John’s International, Inc. (NASDAQ: PZZA) today announced a new organizational structure consistent with the strategy laid out earlier this year to improve the experience that customers have with Papa John’s and accelerate growth. As part of the changes, the Company has established dedicated roles and responsibilities around each consumer touch point and has consolidated the line of reporting for these roles under a new Executive Vice President, Chief Operating and Growth Officer position, which will be held by Mike Nettles. Mr. Nettles was most recently Senior Vice President, Chief Information and Digital Officer.

Steve Ritchie, President and CEO of Papa John’s, said, “Improving how we engage with our customers is core to the new operating priorities announced earlier this year. By aligning our leadership structure around the customer experience, our team’s diverse talents will be leveraged to drive enterprise-wide change and pioneer new...

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Oct 15 10:37 AM, General News




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