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☆ Papa John's CEO: Industry is well-positioned for success in 2024
  + stars: | 2024-01-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPapa John's CEO: Industry is well-positioned for success in 2024Papa John's CEO Rob Lynch joins 'The Exchange' to discuss operating costs, transitioning to a new marketing plan, and more.
Persons: Papa, Rob Lynch Organizations: Industry
☆ Grocery prices rose in July
  + stars: | 2023-08-10 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +4 min
New York CNN —Grocery prices ticked up 0.3% in July, after staying flat in June, driven largely by rising beef prices. Uncooked beef steaks prices rose 2.3% and uncooked ground beef rose 1.5%. Tyson (TSN) reported that while its prices for pork and chicken were down in the quarter ending in July, beef prices went up. Altogether, grocery prices rose 3.6% for the year, higher than the overall 3.2% increase of consumer prices — but not by much. What’s going on with menu pricesIn the month of July, menu prices rose a tiny bit, just 0.2%.
Persons: Joe Raedle, ”, Donnie King, Tyson, Bread, Rice, Sweets, Milk, WEN, Papa Johns, Rob Lynch, “, we’ve, I’ve, Lynch Organizations: New, New York CNN, Bureau of Labor Statistics, TSN, USDA, Burger, Papa Johns Locations: New York
☆ Papa Johns’ prices are driving some customers away
  + stars: | 2023-08-03 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +5 min
New York CNN —Consumers are pulling back on discretionary spending, and Papa Johns is taking a hit. Lynch joined Papa Johns (PZZA) in 2019. The vast majority, roughly 2,900 out of about 3,400 total North American Papa Johns restaurants, are franchised, according to the company. Sales at Papa Johns locations open at least a year fell in the second quarter. But now, they’re pushing back – and not just at Papa Johns.
Persons: Papa Johns, ”, Rob Lynch, “, we’ve, I’ve, Lynch, American Papa Johns, Luke Sharrett, Papa, Kraft Heinz, Oscar Mayer, Kraft, Miguel Patricio, ” Patricio, George Frey, James Quincey, Steven Cahillane, “ We’re, ‘, ’ ”, ” Lynch, it’s Organizations: New, New York CNN, American Papa, Papa Johns, Bloomberg, Kraft Mac, Kraft Locations: New York, Papa Johns, Capri Sun, Philadelphia, Europe
☆ We had a 40% increase in our commodity costs in 2022, but we see some easing: Papa John's CEO
  + stars: | 2023-02-23 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe had a 40% increase in our commodity costs in 2022, but we see some easing: Papa John's CEOMad Money host Jim Cramer interviews Rob Lynch, CEO of Papa John's, after the company announced earnings this morning. Lynch says 2022 was the toughest year of his career.
☆ The best food marketing stunts of the year
  + stars: | 2022-12-23 | by ( Danielle Wiener-Bronner | ) edition.cnn.com   time to read: +10 min
“The Big Cheez-It Tostada and Big Cheez-It Crunchwrap are in such Big demand that our limited offer is no longer available,” the chain said. Diane Bondareff/AP Images for Fancy FeastOver the summer, Fancy Feast invited people to answer the question: What does cat food taste like? The restaurant dishes drew inspiration from Fancy Feast Medleys, cat food that is itself inspired by human food like salmon primavera and turkey florentine. The restaurant’s menu was created by Amanda Hassner, in-house chef for Fancy Feast, as well as restaurateur Cesare Casella, a Michelin star winner, according to a Fancy Feast press release. Papa JohnsAs a permanent addition to the Papa Johns menu, the no-crust, toppings-only Papa Bowls are technically not a stunt.
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