Papa John’s CEO: We Are Still Suffering From Customer Sentiment

Papa John’s comparable-store sales and revenue plummeted again in the fourth quarter, with the company warning investors of more losses to come in 2019. System-wide North America same-store sales dropped eight percent over the period, and seven percent for the year, Papa John’s disclosed Tuesday after market closing. Revenue also declined 12 percent in 2018, according to the company. “The North American results are disappointing to all of us, and continue to reflect the consumer's sentiment challenges our brand has experienced in the U.S.,” said Steve Ritchie, Papa John’s CEO, on a