Papa John’s blames sales drop on founder’s use of the n-word
August 8, 2018
Papa John’s reported that its same-store sales fell 10.5 percent in July following a public disclosure that founder and former CEO John Schnatter used a racially offensive term on a conference call. The chain’s shares fell 10 percent in after-hours trading.
Recent News
European Commission Readies All Trade Tools Against China
European Commission President Ursula von der Leyen emphasized the EU’s readiness to utilize all available trade tools to safeguard its economies amidst concerns over China’s market practices.
Steward Health Care Files for Bankruptcy Protection
Steward Health Care’s plunge into bankruptcy protection has stirred considerable attention and concern.
Tyson Foods Faces Challenges Amidst Rising Inflation
Tyson Foods Inc. recently saw a significant drop in its shares due to ongoing inflation impacting consumer demand.
Special Offers for National Nurses Week
Nurses play a vital role in healthcare, and their dedication often goes unnoticed. National Nurses Week, spanning from May 6 to 12, aims to acknowledge their hard work.