Guno צְבִי
We fight, We win, Am Yisrael Chai
This past summer wasn't just embarrassing for Papa John's — it was downright dismal for the pizza chain, which saw sales drop an astounding 16 percent, or $67.7 million, in the three months ending Sept. 30.
That's the highly publicized period when Papa John's founder, John Schnatter, was excoriated for using a racial slur during a P.R. training call and faced consumer boycotts, resigned as the chain's chairman, picked a fight with the new CEO, criticized his company's handling of the controversy, and ultimately sued it.
Another key metric was down nearly 10 percent in the third quarter. Sales at comparable stores in North America, which excludes the effects of store openings and closings, dropped 9.8 percent from the year before, the company said Tuesday. It had a loss of $20 million on $364 million in sales for the quarter, before adjustments.
It's the third straight quarter of dropping sales for Papa John's.
https://www.cbsnews.com/news/papa-j...nder-john-schnatters-racial-slur-controversy/
That's the highly publicized period when Papa John's founder, John Schnatter, was excoriated for using a racial slur during a P.R. training call and faced consumer boycotts, resigned as the chain's chairman, picked a fight with the new CEO, criticized his company's handling of the controversy, and ultimately sued it.
Another key metric was down nearly 10 percent in the third quarter. Sales at comparable stores in North America, which excludes the effects of store openings and closings, dropped 9.8 percent from the year before, the company said Tuesday. It had a loss of $20 million on $364 million in sales for the quarter, before adjustments.
It's the third straight quarter of dropping sales for Papa John's.
https://www.cbsnews.com/news/papa-j...nder-john-schnatters-racial-slur-controversy/
