UPDATE 2-Papa John's hires Arby's head as CEO to turnaround struggling pizza chain [Reuters]
Last papa johns intl, inc earnings: 2/26 07:00 am
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US:NASDAQ Investor Relations: ir.papajohns.com
Papa John's set to appoint Arby's President Lynch as CEO: Bloomberg - Reuters 2 Min Read (Reuters) - Papa John’s International Inc ( PZZA.O ) is set to name Rob Lynch as the pizza chain’s new chief executive officer, Bloomberg reported late on Monday, barely 19 months after Steve Ritchie took over as top executive following a bitter board dispute. Lynch, the president of Arby’s Restaurant Group Inc, will succeed Ritchie, and the management change will be made as early as Tuesday, the report said, citing a person with knowledge of the matter. The development comes amid Papa John’s struggle due to steep competition and slowing sales, while the pizza chain also reported a 12% decline in 2018 revenue. Ritchie took over as chief executive last year after company founder John Schnatter came under fire for criticizing the National Football League’s leadership over national anthem protests by players. Schnatter stepped down from the company’s board earlier this year, as part of a settlement
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PZZA
News
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- Papa John's International, Inc. (<a href="https://www.marketbeat.com/stocks/NASDAQ/PZZA/price-target/">NASDAQ: PZZA</a>) had its price target raised by analysts at Stephens from $115.00 to $125.00. They now have an "overweight" rating on MarketBeat
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PZZA
SEC Filings
- 7/6/21 - Form 4
- 7/1/21 - Form 4
- 7/1/21 - Form 4
- PZZA's page on the SEC website
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