UPDATE 2-Papa John's hires Arby's head as CEO to turnaround struggling pizza chain [Reuters (UK)]
Papa John's International, Inc. (PZZA)
Last papa john's international, inc. earnings: 2/26 07:00 am
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Source: Reuters
Papa John's hires Arby's head as CEO to turnaround struggling pizza chain - Reuters 2 Min Read (Reuters) - Papa John’s International Inc on Tuesday named Arby’s Restaurant Group Inc President Rob Lynch as its chief executive officer, replacing Steve Ritchie barely 19 months after he took the role, sending the shares of the world’s third largest pizza chain up 3%. A former marketing executive at Yum Brands’ Taco Bell and Procter & Gamble Co, Lynch will be tasked with turning around the company’s struggling sales as it fights to get past the negative publicity surrounding its founder John Schnatter. Schnatter resigned as CEO in 2017 after he came under fire for criticizing the National Football League’s leadership over national anthem protests by players, giving the role to Ritchie. Hedge fund Starboard Value LP too has been pushing for a turnaround in sales after taking a stake in the company, which was worth $200 million in February. Papa John’s chose Starboard over a rival offer from
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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