It looks like people didn't eat up enough Papa John's (PZZA) pizzas during football season as Wall Street bankers had hoped. Shares of the pizza giant plunged 8% to $78.83 Wednesday after fourth quarter sales fell short of Wall Street's estimates. Papa John's fourth quarter adjusted earnings came in at 88 cents a share, higher than the 66 cents expected by analysts. But, the company posted weak revenue of $439.6 million, missing Wall Street's estimates of $447 million. System-wide same-store sales in North America rose 3.8%, falling short of estimates for a gain of 5.9%. It's not hard to blame Wall Street for the harsh reaction: shares of Papa John's have surged about 38% over the past year,
When Grant of Millennial Money looked at his bank balance after graduating from college, he knew he had to buckle down. With $2.26 to his name, he moved back in with his parents, landed a digital marketing job and started building websites on the side to complement his $50,000 salary. Within a year, Grant was making more money from his side gig than his full-time job. "I was hooked and turned my side hustle into a digital agency that I still run today," the now 31-year-old, who goes by his first name exclusively, tells CNBC. "I've generated millions and millions of dollars in revenue growth across my clients." Five years after taking a screenshot of his $2.26 balance, Grant hit seven figures.
When it comes to savings, Americans are falling short. Nearly 70% of adults have less than $1,000 in their savings accounts . Retirement funds are looking equally bleak. In fact, about half of US families have zero retirement account savings . "Particularly