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Stock impact report

Papa John's reports earnings Tuesday, but its profits are the last thing investors are watching [CNBC]

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: CNBC
Hyoung Chang | Denver Post | Getty Images Papa John's is set to report second-quarter earnings after the markets close Tuesday, but investors won't be paying much attention to its profits. They're waiting to see how much damage the company has sustained following a very public and nasty feud with founder John Schnatter that started last month. Shares are down more than 17 percent since he was forced to give up his post as chairman July 11 after admitting to using a racially charged slur on a conference call in May. The board of directors stripped Schnatter's image off the company's marketing materials and barred him from using his office at the company's Louisville, Kentucky, headquarters. Schnatter shot back with a lawsuit, accusing the board of acting negligently and staging a possible coup to get rid of him. The brouhaha, which exploded after the quarter closed June 30, won't affect second-quarter earnings. But franchise owners say pizza sales Show less Read more
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