HungerRush™ Survey Reveals Restaurant Surge Pricing Sours Customer Loyalty and Can Negatively Affect Profits [Yahoo! Finance]
Papa John's International, Inc. (PZZA)
Last papa john's international, inc. earnings: 2/26 07:00 am
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Source: Yahoo! Finance
HOUSTON, April 09, 2024 BUSINESS WIRE )--HungerRush™, the leading point-of-sale (POS) software platform provider for quick-service and fast-casual restaurants, released surprising results today from a national consumer dining survey on surge and dynamic pricing models for restaurants in the United States. Restaurant owners face increasing profit margin challenges due to rising food sourcing costs, labor costs, and other economic factors. This month in California, the new $20 minimum wage is now in full effect, making a massive difference in some restaurant owners' bottom lines. In order to offset these rising operational costs, more restaurants are choosing to raise the cost of menu items depending on the time of day and demand (surge and dynamic pricing). But this study suggests dynamic and surge pricing models may not be a good idea as a long-term strategy. As seen in recent weeks with national media coverage on the topic, dynamic or surge pricing models don't sit well with cus
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PZZA
News
- Papa Johns Announces Kurt Milburn as Chief Supply Chain Officer [Yahoo! Finance]Yahoo! Finance
- Papa Johns Announces Kurt Milburn as Chief Supply Chain OfficerBusiness Wire
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- Cisco downgraded, Lucid resumed: Wall Street's top analyst calls [Yahoo! Finance]Yahoo! Finance
- Papa John's International, Inc. (NASDAQ: PZZA) was upgraded by analysts at Stifel Nicolaus from a "sell" rating to a "hold" rating. They now have a $60.00 price target on the stock, down previously from $65.00.MarketBeat
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