46.03 0.00 (0.00%)
After hours: 4:59PM EDT
|Bid||46.03 x 800|
|Ask||46.04 x 1000|
|Day's Range||45.24 - 46.34|
|52 Week Range||38.05 - 60.56|
|Beta (3Y Monthly)||0.59|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||0.90 (1.96%)|
|1y Target Est||54.67|
BJ's Restaurants' (BJRI) various sales-building initiatives, including menu innovation, should drive the top line in the upcoming quarters.
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...
Papa John’s International Inc. has added a former McDonald’s Corp. executive to its C-suite. The Louisville-based pizza giant named Jim Norberg as its chief restaurant operations officer. In the role, Norberg will oversee the operations of Papa John’s corporate and franchise restaurants in North America.
Jim Norberg, who has spent more than 30 years at McDonald's, will be responsible for growing sales and profit margins as well as improving customer satisfaction at Papa John's, the company said. Papa John's earlier this year named its first chief people officer after founder John Schnatter, who reportedly used a racial slur during a media training conference call last year, exited following a long and acrimonious battle. The negative publicity, which dented the pizza chain's sales last year, led the company to name former basketball star Shaquille O'Neal as a board member, brand ambassador and investor.
Papa John's International Inc. said Monday that Jim Norberg has been named chief of restaurant operations overseeing the corporate and franchised restaurants in North America. Norberg was most recently chief operating officer at McDonald's Corp. , managing 14,000 U.S. locations. He was with the fast-food burger giant for 30 years. After leaving that company, Norberg became an independent consultant to the restaurant, hospitality, entertainment and consumer goods industries. Papa John's stock has gained 16.5% for the year to date, while the S&P 500 index is up 19.3% for the period.
Papa John's International, Inc. (PZZA) today announced the appointment of Jim Norberg as its Chief Restaurant Operations Officer. Mr. Norberg will oversee the operations of Papa John’s corporate and franchise restaurants in North America. Norberg, a Quick Service Restaurant (QSR) industry veteran, spent more than 30 years of his career at McDonald’s. His most recent role was Executive Vice President and Chief Operating Officer, where he managed operations for 14,000 U.S. restaurants.
Yum! Brands' (YUM) transformation plan to drive growth is encouraging while the sales slump in the Pizza Hut division remains a concern.
Chipotle's (CMG) robust marketing activities including a combination of brand-building efforts as well as transaction-driving promotions and advertising are driving customer growth.
On July 1, Longbow Research downgraded the stock of Yum! Brands (YUM), which owns KFC, Pizza Hut, and Taco Bell, from a “neutral” to an “underperform.”
Several sales-building efforts, unit expansion and increased focus on refranchising are favoring Dunkin' Brands' (DNKN) revenue and earnings growth.
The day has become part of folklore, not because of the transaction, but more the price: the man in question paid 10,000 Bitcoins, which today is worth over $80 million, for the two pizzas. On May 22, 2010, now known as Bitcoin Pizza Day, Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John's pizzas. Organized on bitcointalk forum, the Florida man reached out for help. A British man took up Hanyecz's offer and bought the two pizzas for him in exchange for the 10,000 Bitcoins.
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […]
Pizza chain Papa John's Int'l, Inc. (NASDAQ: PZZA ) said Wednesday that it will invest an additional $80 million in royalty relief, marketing campaigns and brand initiatives. The Analyst Stephens' Will ...
Papa John's International Inc. has announced an additional $80 million investment in its franchisee assistance program, which indicates that the company's turnaround isn't happening just yet, BTIG analysts said in a note. The investment will start in the third quarter of fiscal 2019 and will be used to bolster the brand by getting its newest ambassador and board member, Shaquille O'Neal, involved in the branding, and for royalty relief. The investment extends through 2020. "This suggests to us that any meaningful sales turnaround has yet to take hold and franchisees are not yet capable of standing on their own with regard to unit economics," wrote BTIG. "We continue to believe that menu and marketing are the two most meaningful levers for management to pull but expect a turnaround to take longer than initially expected as the bulk of these efforts is still to come." BTIG thought the company would begin to pullback on royalty relief in the second half of 2019, with a total of about $5 million per quarter invested in the last two quarters. Papa John's has struggled since its founder John Schnatter became embroiled in a racially-charged controversy and stepped down from the company. Papa John's shares are down about 2% in Thursday trading, but have rallied 21.1% in 2019. The S&P 500 index has gained 17.2% for the year to date.
Darden (DRI) fourth-quarter fiscal 2019 results benefit from its relentless efforts to improve basic operating factors of the business -- food, service and ambiance.
In order to revive sales of franchises that have been negatively impacted by Papa John's (PZZA) dismal sales trend, it extends advisory support to domestic franchises.
We discuss this and other topics in the latest episode of the Access Louisville podcast, which is available now.
Papa John's International Inc, which has been struggling to boost sales, said on Wednesday it would spend $80 million to boost its brand image and support its franchisees in the United States from the third quarter of fiscal year 2019. The pizza chain said it will lower royalties and provide royalty-based service incentives to its U.S. franchisees until the end of 2020. Papa John's has been working to fix its brand image as negative publicity dented sales last year after founder John Schnatter reportedly used a racial slur during a media training conference call last year.
Papa John’s International, Inc. (PZZA) today announced increased investment in marketing and brand initiatives as well as an agreement to provide scheduled financial assistance for domestic franchisees ending in 2020. This program has the support of the Company’s elected Franchise Advisory Council (FAC). This announcement enhances the partnership between the Company and franchisees by delivering needed investment in the brand and providing franchisees with certainty on the schedule of remaining royalty relief, as outlined in the agreement.
NBA Hall of Famer Shaquille O'Neal discusses his new partnership with Epson, how he's changing the culture of Papa John's, how he feels about some key plays in the NBA off-season, and why he admires Amazon CEO Jeff Bezos. He joins Yahoo Finance's Zack Guzman to discuss.