NasdaqGS:PZZAHospitality
Why Papa John’s (PZZA) Is Down 7.5% After US$5 Million Settlement And Turnaround Plan Shift
Papa John’s International recently agreed to a US$5,000,000 legal settlement over its past franchise hiring restrictions and outlined a turnaround plan centered on cost efficiencies, refranchising and expanding its international footprint.
The decision to end limits on franchisees hiring from one another, alongside an emphasis on cost savings and overseas growth, highlights how labor practices and business model adjustments are becoming central to the company’s longer-term...