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Papa John's Founder Is Bearish On His Former Company
Wednesday, October 21, 2020 - 8:23am | 328Papa John's International, Inc's (NASDAQ: PZZA) founder and former CEO Papa John Schnatter is bearish on the company he founded and thinks it is overvalued at 56 times earnings. What Happened: Schnatter has given the reasons for his bearish view in a Seeking Alpha article, which was in...
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Papa John's Founder Says 'Day Of Reckoning' Will Come for Pizza Chain
Tuesday, November 26, 2019 - 12:11pm | 611Papa John's Int'l, Inc. (NASDAQ: PZZA) founder John Schnatter said in a WDRB-TV interview Monday that the pizza chain was stolen from his hands and those responsible should be arrested. Schnatter Says Papa John's Execs 'Hurt A Lot Of People' Schnatter sat down for an...
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Papa John Founder Says He Wasn't Forced To Retire
Monday, September 9, 2019 - 12:01pm | 613John Schnatter founded pizza chain Papa John's Int'l, Inc. (NASDAQ: PZZA), and despite what some media outlets reported, he said during a Fox Business interview that he wasn't forced to retire as the company's CEO. 'Good Run' Schnatter quit as CEO of Papa John's in 2018...
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Shaq Hopes To Help Papa John's Rebound
Friday, March 22, 2019 - 11:21am | 695Papa John’s International, Inc. (NASDAQ: PZZA) needs to rebound from controversy. So it’s bringing in the best rebounder it could find. The company, beset by several controversies over the last several months is adding former NBA center Shaquille O’Neal to its board, making him...
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Papa John's Reaches Settlement With Ousted Founder
Tuesday, March 5, 2019 - 9:37am | 393Pizza chain Papa John's Int'l, Inc. (NASDAQ: PZZA) reached a settlement with ousted founder and ex-CEO John Schnatter, which should put an end to an ongoing feud. What Happened Schnatter resigned from his post as CEO in December 2017 after comments he made about NFL anthem protests resulted...
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Starboard Value Takes $200M Slice Of Papa John's
Monday, February 4, 2019 - 8:44am | 424Activist investor Jeffrey Smith and his fund Starboard Value has taken a stake in troubled pizza chain Papa John's Int'l, Inc. (NASDAQ: PZZA). What Happened Papa John's founder John Schnatter resigned as chairman in mid-2018 after stepping down as CEO in reaction to reports he used...
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Papa John's Plummets Following Report Trian Is No Longer Interested
Tuesday, November 27, 2018 - 3:16pm | 343Earlier this fall, it appeared as if the third-largest pizza chain in the United States had found its saving grace, when news arose Trian Fund Management LP was exploring a bid on Papa John’s Int’l, Inc. (NASDAQ: PZZA). What Happened Nelson Peltz's Trian, perhaps the most major of...
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Trian - A Major Wendy's Stakeholder - Now Eyes Papa John's
Tuesday, October 9, 2018 - 7:59am | 404An activist hedge fund may soon place the largest order in Papa John’s Int’l, Inc. (NASDAQ: PZZA) history. What Happened Trian Fund Management LP is exploring a buyout bid for the world’s third-largest pizza chain, according to The Wall Street Journal. The prospective buyer is...
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Papa John's Moves Higher Amid Potential Takeover Reports
Wednesday, September 26, 2018 - 1:07pm | 407News of Papa John’s Int'l, Inc. (NASDAQ: PZZA)’s founder, John Schnatter, has circulated for months. The ousted executive continues the fight to regain his company, after racially insensitive comments he made earlier in the year led to his forced exit. What Happened Schnatter still...
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Stifel Downgrades Papa John's To Sell Amid 'Fraternal Corporate Culture'
Monday, July 23, 2018 - 9:28am | 472Papa John's Int'l, Inc. (NASDAQ: PZZA) has a major problem on its hands as a "fraternal corporate culture" hurts the prospect of any notable turnaround or buyout, according to Stifel. The Analyst Stifel's Chris O'Cull downgraded Papa John's from Hold to Sell with a...
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Report: Ousted Papa John's CEO Wanted To Merge With Wendy's
Thursday, July 19, 2018 - 8:31am | 392Recently ousted Papa John's Int'l, Inc. (NASDAQ: PZZA) CEO John Schnatter reportedly held merger talks with burger fast food chain Wendys Co (NASDAQ: WEN), The Wall Street Journal reported Wednesday. What Happened Talks between the company Schnatter founded and Wendy's were in...
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Papa John's Founder Resigns Following Backlash Of His Racial Slur
Wednesday, July 11, 2018 - 12:10pm | 496UPDATE: Schnatter resigned as chairman of Papa John's late Wednesday night. The company said in a statement they will appoint a chairman in the coming weeks. Papa John's International, Inc. (NYSE: PZZA) founder and chairman John Schnatter has been heavy in the limelight this past year. And...
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Papa John's Out, Pizza Hut In: The NFL Has A New Official Pizza Sponsor
Wednesday, February 28, 2018 - 8:45am | 451Pizza chain Papa John's Int'l, Inc. (NASDAQ: PZZA) claimed in November that its business had been negatively impacted by the NFL's kneeing controversy. Now, the pizza chain is no longer the official pizza sponsor of the NFL, a title it held since 2010. What Happened Papa John...
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Pizza Politics: Rival Pie Slingers Don't Echo Papa John's NFL Protest Complaints
Sunday, November 5, 2017 - 1:45pm | 891Underperforming? Blame the officials. Papa John’s Int’l, Inc. (NASDAQ: PZZA) attributed its mid-season sales slump to an alleged bad call — one that allowed controversial anthem protests to cripple NFL viewership and corresponding pizza deliveries. “The NFL has hurt us by...
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Papa John's CEO Blames NFL For Slowing Pizza Sales; Should He Really Blame Netflix?
Thursday, November 2, 2017 - 9:26am | 676President Trump isn’t the only one lashing out at the NFL these days. Papa John’s Int’l Inc. (NASDAQ: PZZA) founder John Schnatter pointed his finger squarely at the NFL blamed the NFL and commissioner Roger Goodell for its disappointing third-quarter sales on the company’s...