Papa John loses dough, blames it on the NFL

[DigitalDrifter]

Never had one. Are they any good?

Papa John Loses Dough: Pizza Chain Founder Loses $70 Million In Hours, Blames NFL

Papa John is having a bad day.

The net worth of John Schnatter, founder and CEO of pizza chain Papa John’s, fell $70 million in less than 24 hours after the company released its third-quarter financial report on Tuesday afternoon. The business beat estimates on earnings and revenue, but it lowered guidance on same-store sales for the coming period.

Investors were not pleased with that news and sent shares down 11% through 12:30 pm Eastern Time on Wednesday. The stock is now trading at just over $60 per share.

One casualty of the slide was Schnatter’s personal fortune. The 55-year-old—who owns roughly 25% of Papa John’s—is now worth $801 million, Forbes estimates.

Papa John Loses Dough: Pizza Chain Founder Loses $70 Million In Hours, Blames NFL

 

[Zander]

Garbage pizza. Inedible.

 

[PredFan]

I will eat it if it’s the only available. Their sauce is too sweet. Crust is good though. It’s better than Pizza Hut and Dominoes though.

 

[Zander]

I will eat it if it’s the only available. Their sauce is too sweet. Crust is good though. It’s better than Pizza Hut and Dominoes though.

Pizza hut and Dominoes are inedible garbage.

 

[DigitalDrifter]

By the way, what is it with the name 'Papa' and pizza ?
Where I live, there are 'Papa's Pizza' , 'Papa Murphy's' and 'Papa John's'.

 

[BULLDOG]

I ate Popa John's pizza twice, and got the shits both times. Never again.

 

[Zander]

I ate Popa John's pizza twice, and got the shits both times. Never again.

Twice? are you dense?

It's so bad it has "JOHN" in the name.....

 

[BULLDOG]

I ate Popa John's pizza twice, and got the shits both times. Never again.

Twice? are you dense?

It's so bad it has "JOHN" in the name.....

I always give the benefit of a doubt. Could have just been coincidence the first time.

 

[MyParentsAreProud]

By the way, what is it with the name 'Papa' and pizza ?
Where I live, there are 'Papa's Pizza' , 'Papa Murphy's' and 'Papa John's'.

Papa is a popular nickname for older men in Italy.

 

[Eaglewings]

What goes around comes around..

 

[DigitalDrifter]

I ate Popa John's pizza twice, and got the shits both times. Never again.

Same stuff you spew here every day.

 

[JOSweetHeart]

To me, Papa John's is one of the best. Pizza Plus is who I think is the worst. Their crust is too crunchy.

God bless you always!!!

Holly

 

[TomParks]

You need real dagos to make the best pizza and that's not an insult either....

 

[Admiral Rockwell Tory]

Garbage pizza. Inedible.

Very good pizza. Your tastebuds must be up for a recall.

 

[mdk]

I am not going to order from some vanilla chain when we have so many awesome mom and pop places in the area.

 

[Admiral Rockwell Tory]

By the way, what is it with the name 'Papa' and pizza ?
Where I live, there are 'Papa's Pizza' , 'Papa Murphy's' and 'Papa John's'.

Well, the Italian and Latin word for "father" is "papa".

 

[saveliberty]

I read an article about that a few days ago. NFL viewership is down, but not as much as television viewership in general. The younger crowd is accessing entertainment in different ways now was the cited reason. I think it is also general disgust with tv news and programming too.

 

[Zander]

Garbage pizza. Inedible.

Very good pizza. Your tastebuds must be up for a recall.

I make my own thin crust pizza. I use imported semolina from Italy, homemade pizza sauce, and fresh toppings.

It puts any commercial pizza's to shame.

 

[rightwinger]

I blame crappy pizza

Even Peyton Manning won't eat it

 

[Rustic]

What goes around comes around..

Only a fool thinks Obama care is good for the average American, deadbeats like it because someone else is paying for their shit.