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Stock impact report

Papa John's John Schnatter denies being racist [CBS News]

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: CBS News
Papa John's John Schnatter denies being racist Papa John's founder John Schnatter is pushing back against suggestions he is a racist, claiming that media reports have mischaracterized his use of a slur against black people. In a July 14 letter to members of the pizza chain's board, Schnatter denied using the "N-word" in a deliberately derogatory way during a May 22 diversity training session held with the Laundry Service, an marketing firm used by Papa John's. "During this diversity media training, which covered a wide number of topics, I was asked whether I was racist," Schnatter said in the letter. "I, of course said no -- which is a truthful statement as those of you who know me well will attest and of course, if you felt otherwise you would not be sitting on the Papa John board. "Let me be very clear: I never used the 'N'-word in that meeting as a racial epithet, nor would I ever," he added. Schnatter also said he rejected the Laundry Service's proposal that Papa John's hire Kanye Show less Read more
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