Papa Johns suffers unexpected loss as customers switch gears
The pizza chain has flagged a major change in customer behavior.
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Papa Johns (PZZA) , which is famous for its “Better Ingredients. Better Pizza. Papa Johns" slogan, is on a mission to revamp its business after it recently faced a slump in sales.
In Papa Johns fourth-quarter earnings report for 2024, the pizza chain’s comparable sales in the U.S. declined by roughly 4% year over year during the quarter.