Papa John's sales soar amid pandemic, as CEO bets on long-term growth - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Papa John's says it expects the pandemic-induced spike in pizza sales to continue 'for the foreseeable future'

Papa John's same-store sales in the US were up 28% in the most recent quarter.

Lynch also attributed the chain's success in part to Papa John's "work to create a more diverse, inclusive, and innovative culture," following the ousting of founder John Schnatter two years ago. The chain's same-store sales in the US were up 28% in the most recent quarter, Papa John reported on Thursday. As the coronavirus pandemic drags on, Papa John's said its delivery business and online growth sets it for success in the long term.

Delivery wasn't the only way that the pandemic has helped Papa John's. Lynch said that the availability of attractive real estate opportunities in the coming months offer "room for expansion that may not have been available just six months ago."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSÄ°NESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

People must be desperate if they're ordering PapaJohns

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside story: Humana's $100 million bet on telehealth startup Heal - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Unemployed during coronavirus pandemic: Business Insider survey - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Well Good Evening, check me out then Work at a university. So yup. Unemployed. And they are clueless how to reopen so far.
Source: BusinessInsider - 🏆 729. / 51 Read more »

How a sneakerhead made half a million dollars in sales in a pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. financepapi_ i grow up doing the same as most of my teenage years I lived in constant driven crisis war& destruction/its a long story, but there is a silver lining in Thrifting once you get the sentiment of it you'll understand, BUY now on the cheap these things will double your investment!
Source: BusinessInsider - 🏆 729. / 51 Read more »

How Hint water tripled DTC sales and landed Costco during the pandemic - Business InsiderHow the CEO of Hint water capitalized on the race to stock up on essential goods during the pandemic, increasing its DTC business by 300% and landing a national deal with Costco (by contentnow)
Source: BusinessInsider - 🏆 729. / 51 Read more »

Wayfair sales soar as more shoppers go online for furniture - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »