Papa John's Boosts Recovery, Overseas Growth
Update: 2026-01-02
Description
Papa Johns stock surged 3.8% today, driven by optimism over the companys turnaround plan, which includes significant cost savings and a focus on profitable growth through re-franchising. The international side is thriving, with system-wide sales up 10.3% and comparable sales rising 7.1%. The company also announced a deal to sell its Washington D.C. and Baltimore locations to Pie Investments Management, making Pie one of the largest U.S. franchise operators. Despite past volatility, investors see this as a positive step towards recovery and growth, particularly overseas. Checkout Solipillow.com
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