Papa Johns is the latest pizza chain to close hundreds of locations following a tough quarter as customers pull back on spending.

The company revealed during Thursday’s earnings call that approximately 300 underperforming restaurants in North America will close by the end of 2027, with about 200 of them shuttering this year.

The affected restaurants are those “not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant,” said Ravi Thanawala, Papa Johns chief financial officer and president of the chain’s North America operations.

  • SpaceNoodle@lemmy.world
    link
    fedilink
    arrow-up
    63
    ·
    24 days ago

    Y’all were cheap and palatable 20 years ago when I always had a half-off coupon for an XL pie and your owner wasn’t publicly a massive bigot

    Rest In Piss

      • SpaceNoodle@lemmy.world
        link
        fedilink
        arrow-up
        15
        arrow-down
        2
        ·
        24 days ago

        The first is gas station level quality, and th second is entirely unfamiliar to me. How about I just make my own, or order from a local restaurant instead?

        • Quetzalcutlass@lemmy.world
          link
          fedilink
          English
          arrow-up
          15
          arrow-down
          1
          ·
          24 days ago

          gas station level quality

          I won’t take this gas station pizza slander! Casey’s, a regional gas station franchise in the central US, is better than pretty much every national pizza chain.

    • plateee@piefed.social
      link
      fedilink
      English
      arrow-up
      5
      ·
      24 days ago

      IIRC, Mr Papa John has long since left the company and Shaq took over.

      Their pizza still sucks though.

      • blarth@thelemmy.club
        link
        fedilink
        arrow-up
        9
        ·
        24 days ago

        I actually enjoyed their pizza but refused to buy it after the papa showed his true colors.

        Shaq should rebrand.

      • thlibos@thelemmy.club
        link
        fedilink
        arrow-up
        6
        ·
        24 days ago

        Blackrock Inc. owns the most shares in Papa John’s. Shaq just owns around a dozen franchises in the Atlanta area and was on the Board of Directors until he stepped down in 2024.