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Papa John’s new CEO Rob Lynch credits positive acceleration with product innovation and a strong marketing push
Joanna Fantozzi
After a year and a half of struggling to rebuild their reputation following the scandal involving founder John Schnatter, Papa John’s might finally be seeing the light at the end of the tunnel. In his first earnings call as CEO, Rob Lynch highlighted the brand’s financial improvements: same-store sales were up 2.4% internationally and 3.5% in North America for the fourth quarter, ended December 29, 2019. This marks the second quarter in a row of positive sales momentum.
Lynch attributed the better-than-expected numbers to strong marketing campaigns working hand in hand with product innovation, like the introduction of the new parmesan garlic crust and fold-over sandwich, the Papadia, as touted by executive board member Shaq...
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