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0 0.000230574129582615 -0.00138344477749602 -0.00418492045192529 -0.00299746368457465 -0.0103758358312198 -0.0134171086004151 -0.017754207977865
Stock impact report

Papa John's upgraded on potential same-store sales growth [MarketWatch]

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: MarketWatch
Papa John's upgraded on potential same-store sales growth Papa John's International Inc. PZZA, +0.92% was upgraded to hold from sell at Stifel on potential same-store sales growth. Stifel raised its price target to $38 from $35. Analysts think Papa John's will get help from promotions like the Meat Pizza Deal that offers a pizza topped with pepperoni, sausage, beef, bacon and Canadian bacon for $6.99. "We surmise franchisees have agreed to this low-margin promotion because of the financial assistance the company is providing," analysts said. Papa John's announced a franchisee financial assistance program on August 10 that includes reductions in royalties, food-service pricing and online fees through 2018. "And, while improving sales from this promotion may not benefit profits, it should help attract lapsed consumers," analysts said. Papa John's hasn't been helped by the ongoing controversy involving its founder, John Schnatter. Papa John's shares have sunk 24.2% for the year to dat Show less Read more
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