Same-store sales, unit counts grow despite segment competition, higher food costs
Papa John’s International Inc., the parent of 3,883-unit Papa John’s Pizza, grew its unit counts and same-store sales in North America and overseas in 2011, despite aggressive discounting among competitors and commodity inflation. John Schnatter, the company’s founder and chief executive, credited the chain’s positioning around product quality, reinforced by advertising specialty pizzas around the $11 price point, while rivals Pizza Hut and Domino’s Pizza fought ...
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