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

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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."

 

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People must be desperate if they're ordering PapaJohns

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