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Stock impact report

Papa John's is helping out its struggling restaurant owners [CNNMoney.com]

Papa John's International, Inc. (PZZA) 
Last papa john's international, inc. earnings: 2/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.papajohns.com
Company Research Source: CNNMoney.com
Papa John's is losing the pizza wars. Big time. It's not easy being a Papa John's franchise lately. Sales have plunged since former CEO and chairman John Schnatter -- the original Papa John -- created a PR crisis for the company. But now Papa John's ( PZZA ) is helping out its struggling restaurant owners . The company announced late Friday that it was planning to cut some royalties, food prices and online fees for the remainder of the year. The new initiatives aim to help address the sales and operating challenges following comments made by the Company's founder. Schnatter stepped down as chairman of Papa John's after it was revealed that he used a racial slur during a conference call with a marketing firm earlier this year. Papa John's has stopped using his image in marketing materials. In addition to the reduced fees and royalties, the company will also help franchisees pay for new mark Show less Read more
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