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Papa John’s Is Suffering, Which Could Lead To More Store Closings

Written by The Ashton Report

Same-store sales keep falling, putting pressure on unit economics. Stifel analyst Chris O’Cull projects that Papa John’s could lose 150 to 250 locations over the next six months if those sales problems persist. Restaurant Business: Papa Johns   A lot of this comes from founder John Shattner’s problems and the ongoing management strife surrounding his…

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