Papa John's to add 1,350 stores in China by 2040 [MarketWatch]
Papa John's International, Inc. (PZZA)
Last papa john's international, inc. earnings: 2/26 07:00 am
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Source: MarketWatch
Asian private-equity firm Fountainvest Partners to open more than 1,350 locations in South China by 2040. This is the biggest franchisee deal in Papa John's history. Fountainvest has also purchased a majority stake in another Papa John's franchisee CFB Group, which owns and operates 160 restaurants in Shanghai and southern China. "Our new development agreement with FountainVest alone stands to grow Papa Johns current global unit count by 25%," said Papa John's chief Executive Rob Lynch in a statement. Papa John's stock has gained 34.4% over the past year outpacing the S&P 500 index SPX, which is up 23.5% for the period. Read Next About the Author Tonya Garcia is a MarketWatch reporter covering retail and consumer-oriented companies. You can follow her on Twitter @tgarcianyc. She is based in New York. Tonya joined MarketWatch from Moguldom Media, where she was business editor for MadameNoire, a website targeting African-American women with a range of content from personal finance
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News
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- Papa John's: Back To Better 2.0 Plan's Potential Is Likely Priced In [Seeking Alpha]Seeking Alpha
- Papa John's Finds Its Distinctive Voice With New Big Boi Partnership [Forbes]Forbes
- Papa John's International, Inc. (NASDAQ: PZZA) had its "overweight" rating re-affirmed by analysts at Stephens. They now have a $75.00 price target on the stock.MarketBeat
- Papa John's (PZZA) and The Bajco Group Expand Partnership [Yahoo! Finance]Yahoo! Finance
PZZA
Earnings
- 2/29/24 - Beat
PZZA
Sec Filings
- 3/29/24 - Form PX14A6G
- 3/29/24 - Form ARS
- 3/29/24 - Form DEF
- PZZA's page on the SEC website