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