Papa John's names Arby's President Rob Lynch as CEO, shares jump 6% [CNBC]
Papa John's International, Inc. (PZZA)
Last papa john's international, inc. earnings: 2/26 07:00 am
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Source: CNBC
Papa John's names Arby's President Rob Lynch as CEO, shares jump 6% Papa John's The pizza chain's stock, valued at $1.5 billion, jumped 7.5% in morning trading. The change is effectively immediately. Lynch replaces Steve Ritchie, who was handpicked by founder John Schnatter to succeed him in 2018. Lynch helped lead Arby's to 16 consecutive quarters of same-store sales growth, as well as record sales and profits last year. Inspire Brands, which is privately held by Roark Capital Group, owns Arby's and does not publicly release financial results. Prior to becoming president, Lynch served as Arby's chief marketing officer between 2013 and 2017. Under his leadership, Arby's moved from local marketing to national and embraced social media. He is also responsible for its "We have the meats" tagline. Before coming to Arby's, he held marketing positions at Taco Bell, H.J. Heinz and cter & Gamble Lynch's appointment as Papa John's chief executive comes as the embattled pizza chain is trying t
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PZZA
News
- Papa Johns Launches Crispy Cuppy ‘Roni Platform Featuring Premium Cupping Pepperoni Across Menu Favorites [Yahoo! Finance]Yahoo! Finance
- Papa Johns Launches Crispy Cuppy ‘Roni Platform Featuring Premium Cupping Pepperoni Across Menu FavoritesBusiness Wire
- BTIG downgrades Papa John's stock on CEO departure [Yahoo! Finance]Yahoo! Finance
- Papa John's International, Inc. (NASDAQ: PZZA) had its price target lowered by analysts at Benchmark Co. from $95.00 to $87.00. They now have a "buy" rating on the stock.MarketBeat
- Papa John's International, Inc. (NASDAQ: PZZA) had its price target lowered by analysts at BMO Capital Markets from $90.00 to $80.00. They now have an "outperform" rating on the stock.MarketBeat
PZZA
Earnings
- 2/29/24 - Beat
PZZA
Sec Filings
- 3/27/24 - Form 4
- 3/27/24 - Form 4
- 3/21/24 - Form 8-K
- PZZA's page on the SEC website