Sports NFL Pizza Hut Papa was a rolling stone, but in the wake of father John leaving the NFL alone, it's a good time to remember: Nobody outpizzas the Hut. Now to make some sense of that: Papa John's, once the NFL's official pizza provider, parted ways with the football league, but Pizza Hut quickly stepped in to take its place Wednesday. "We know many of our fans enjoy pizza while watching NFL games and we are thrilled to have Pizza Hut, an industry leader and one of America’s favorite brands, as an official league sponsor," NFL Commissioner Roger Goodell said in a statement announcing the sponsorship agreement. “With a focus on family, friends and fun, Pizza Hut has the creativity we are looking for in a partner and we look forward to working together with them to make the at-home NFL experience more exciting than ever for our fans." Keep up with this story and more by subscribing now A Pizza Hut restaurant in Jakarta on September … [Read more...] about The NFL quickly got over its ex, Papa John’s, by moving on Pizza Hut
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Pizza? Wings? Subs? Super!Especially on Super Bowl Sunday.This Sunday is sure to be one of the biggest party days of the year with an estimated 188.5 million people expected to watch the Philadelphia Eagles face the reigning champ New England Patriots in Super Bowl LII.It's the same number of viewers as last year but they're expected to spend more, according to the National Retail Federation's annual Super Bowl Spending Survey, an average of $81 each.More people are planning to attend a party rather than host one.The survey estimates 45 million will throw a party and 69 million plan to attend, although not all at the same house. Another 11 million people will watch the game at bars and restaurants.As for the menu, the National Chicken Council’s annual Chicken Wing Report estimates Americans will eat 1.35 billion wings this weekend, an all-time high for the unofficial staple of Super Bowl Sunday.Here's where you can find the best deals on wings, … [Read more...] about Super Bowl pizza and wing deals! Papa John’s, Domino’s, Pizza Hut and more
Pizza used to be something we ate but now it's become a barometer of American politics. Makes sense.A survey to determine the most polarizing brands in America, with the Democrats in one corner and Republicans in the other, had a familiar name high in its results: the Louisville-based Papa John's Pizza.Papa John's ranked 21st with a sizable 24-point gap between Democrats, who clearly think that John Schnatter makes a meh pie, and Republicans, who apparently order it twice a day (looking at you, Chris Christie). Papa John's was not alone. Republicans also favored Little Caesars, Pizza Hut and Domino's, but the results were much closer for those brands, with an average gap of around 4.5 points. California Pizza Kitchen is the only chain favored by Democrats, which might be the most Dem thing ever.It isn't hard to figure out why Papa John's inspires such polarization. More: The real reason Papa John's sales fell: The pizza tastes like 'salty upholstery' … [Read more...] about Better pizza? Depends on who you ask. Papa John’s is one of America’s most polarizing brands
In this segment from the Market Foolery podcast, host Chris Hill and Motley Fool Asset Management's Bill Barker first weigh in on the departure of Papa John's (NASDAQ: PZZA) CFO (chief financial officer) and CAO (chief administrative officer) Lance Tucker, who has been at the company for almost 25 years. The pizza chain has now lost its two most important execs in rapid succession, which presents the obvious question: What's next? Then they consider Nestle's (NASDAQOTH: NSRGY) decision to sell its U.S. candy business to Ferrero. It may be the most well-known aspect of the company here, but in the grand scheme, you'll be surprised to hear how small a piece of revenue it accounts for compared to pet food, bottled water, and infant formula. A full transcript follows the video. 10 stocks we like better than Nestle When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock … [Read more...] about Papa John’s CFO Delivers His Exit Announcement; Nestle Sells Its U.S. Candy Biz
What happened Papa John's (NASDAQ: PZZA) and now-former CEO "Papa" John Schnatter made some big stumbles in 2017. The latter got involved in the political controversy surrounding the National Football League's player protests during the national anthem, and the chain's growth slowed down. Schnatter has always been a controversial figure, but he may have damaged his company by siding against NFL players and threatening to pull ads from the league's games. That stand, plus his generally right-wing leanings, put the company in a position where his politics may have turned off some customers. The numbers weren't awful. Comparable-restaurant sales still rose 1% in the third quarter for North America, but that was slower growth than the company had generally been experiencing. Papa John's also downgraded its full-year projections for North American comparable-store sales to 1.5% down from 2% to 4%. It also cut its earnings forecast to a 3%-7% gain per share, down from 8%-12%. Papa … [Read more...] about Why Did Papa John’s International, Inc. Shares Lose 34% in 2017?