Economy
Related: About this forumPapa John's to shell out up to $50M to remake its image
The embattled pizza chain expects to shell out up to $50 million this year to pay an army of advisers and consultants to deal with the aftermath of its controversial founders remarks on racial issues, the company said on an earnings call Tuesday.
The Louisville, Ky.-based companys sales took a huge hit, declining 10.5 percent in July and 6.1 percent for the quarter ended July 1 as Chairman John Schnatter stepped down following an investigative report.
We are working to ensure that our future is not defined by the words of one person, CEO Steve Ritchie said on the call.
The company also revised its estimates and now expects comparable sales in North America to decline between 7 and 10 percent this year because of the negative media coverage and customer sentiment, said CFO Joe Smith.
https://nypost.com/2018/08/07/papa-johns-to-shell-out-up-to-50m-to-remake-its-image/
hlthe2b
(113,971 posts)Sounds like $50million down the drain.
dawg day
(7,947 posts)Good grief, change the name.
Also the pizza isn't very good.
miss-nasty
(269 posts)However with that said I will NEVER eat there again as long as he owns a portion. I don't live far from the asshole - I truly think he suffered some brain damage when he got hit by a vehicle on his bicycle in Louisville several years back.
TreasonousBastard
(43,049 posts)C_U_L8R
(49,384 posts)Name it 'Not Papa Johns' (or anything else but Papa Johns). Papa Who?
And either make real pizza or call their 'product' something else besides food
fleur-de-lisa
(14,704 posts)C_U_L8R
(49,384 posts)reuniting families that Trump has torn apart
fleur-de-lisa
(14,704 posts)keithbvadu2
(40,915 posts)What happens when neo-Nazis hijack your brand
https://www.washingtonpost.com/business/economy/what-happens-when-nazis-hijack-your-brand/2017/11/16/8871c7ba-c98f-11e7-8321-481fd63f174d_story.html?utm_term=.5bd8c1cfc790&wpisrc=nl_most&wpmm=1
.
We were going to order from the local place where we get pizza all the time, but we said no, Papa Johns is the official pizza of the alt-right now, said Eli Mosley, the 26-year-old leader of the white separatist group Identity Evropa. Were just supporting the brands that support us.
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http://www.newsweek.com/papa-johns-tells-nazis-dont-buy-our-pizza-after-chain-claimed-official-pie-alt-702296
The Daily Stormer posted a picture of a swastika pizza after the CEO of official NFL sponsor Papa Johns blamed his companys recent losses on players kneeling during the national anthem to protest police brutality.
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Dr Hobbitstein
(6,568 posts)left-of-center2012
(34,195 posts)But have seen no recent ads for Papa John's.
slumcamper
(1,787 posts)Remember when that asshole went public and recoiled against Obamacare and proclaimed he'd make employees part-time to avoid compliance?
Of course you do. a $50 million makeover will not erase facts and truth. They're going to have to become the "Ben and Jerry's" of pizza before I consider even borrowing the bathroom at PJ's.