Markets

Papa John’s is hoping to bring back Papa John

Papa John’s is hoping to bring back founder John Schnatter, CEO Steve Ritchie told CNBC on Tuesday. Schnatter resigned as chairman in July 2018 after he used a racial slur on a media training conference call. On Monday, the company announced a $US200 million investment from a hedge fund. Schnatter […]
Papa John’s is hoping to bring back Papa John
Markets

Papa John’s drops after killing its sponsorship deal with the NFL

Papa John‘s stock took a dive after the company announced it ended its sponsorship deal with the National Football League. The company’s executives said “negative consumer sentiment” around the NFL’s handling of the protests last Fall contributed to its poor sales. View Papa John’s stock move in real time here. […]
Papa John’s drops after killing its sponsorship deal with the NFL