Papa John's Announces Acquisition of Denver and Minneapolis Franchised Restaurants
"We are excited about acquiring these two markets," said
The acquisition is not expected to have a material impact on operating results for 2012.
Forward-Looking Statements
Certain matters discussed in this press release and other company communications constitute forward-looking statements within the meaning of the federal securities laws. Generally, the use of words such as "expect," "estimate," "believe," "anticipate," "will," "forecast," "plan," "project," or similar words identify forward-looking statements that we intend to be included within the safe harbor protections provided by the federal securities laws. Such statements may relate to projections concerning business performance, revenue, earnings, contingent liabilities, commodity costs, margins, unit growth and other financial and operational measures. Such statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions, which are difficult to predict and many of which are beyond our control. Therefore, actual outcomes and results may differ materially from those matters expressed or implied in such forward-looking statements.
The risks, uncertainties and assumptions that are involved in our
forward-looking statements include, but are not limited to: aggressive
changes in pricing or other marketing or promotional strategies by
competitors which may adversely affect sales, including an increase in
or continuation of the aggressive pricing and promotional environment;
new product and concept developments by food industry competitors; the
ability of the company to meet planned growth targets and operate new
and existing restaurants profitably; adverse macroeconomic or business
conditions; general economic and political conditions and resulting
impact on consumer buying habits; changes in consumer preferences;
increases in or sustained high costs of food ingredients and other
commodities, paper, utilities, fuel; increased employee compensation,
benefits, insurance and similar costs; the ability of the company to
pass along increases in or sustained high costs to consumers; the impact
of current or future legal claims and current or proposed legislation
impacting our business; the impact that product recalls, food quality or
safety issues, and general public health concerns could have on our
restaurants. These and other risk factors are discussed in detail in
"Part I. Item 1A. - Risk Factors" of the Annual Report on Form 10-K for
the fiscal year ended
For more information about the company, please visit www.papajohns.com.
Papa John's
Sr.
Director, Public Relations
Source: Papa John's
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