Papa John’s Falls as Frugal Consumers Prompt Guidance Cut
Papa John’s International Inc. shares dropped after comparable sales unexpectedly shrunk and the pizza chain slashed its outlook, as diners — particularly low-income ones — skimped on dining out....
By Rachel Phua · Bloomberg Markets
Papa John’s International Inc. shares dropped after comparable sales unexpectedly shrunk and the pizza chain slashed its outlook, as diners — particularly low-income ones — skimped on dining out.