Inflation is hammering Big Pizza [DailyFinance (AOL.com)]
Papa John's International, Inc. (PZZA)
Last papa john's international, inc. earnings: 2/26 07:00 am
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Source: DailyFinance
Even pizza prices are headed higher amid elevatedinflationPapa John's said this week that the company increased prices 7% in the first quarter to help offset inflationary pressures. Despite the price increase, Papa John's still saw North America same-store sales gain 1.9%."We have got great demand for our products [and] positive comparable sales in the first quarter despite the most challenging operating environment we have ever seen," said Papa John's CEORob LynchThe price increases on pizza reflect several factors inherent to most fast-food chains: Labor costs for everything from the person prepping the pizza to the person delivering it are on the rise amidst a tight job market, transportation costs are on the rise owing tohigher fuel costswheatU.S. President Joe Biden eats pizza as he meets with U.S. Army soldiers assigned to the 82nd Airborne Division at the G2 Arena in Jasionka, near Rzeszow, Poland, March 25, 2022. REUTERS/Evelyn HocksteinBesides price hikes, Papa John's has lea
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PZZA
News
- 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
- Missouri, Kansas hungry for these fast food coupons [Yahoo! Finance]Yahoo! Finance
- 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
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