Papa John’s Announces Assistance Program for North America Franchisees
“People are at the heart of our business, and this program is one of
many actions we are taking to prioritize our team, address the recent
challenges and move Papa John’s forward,” said
The assistance program for domestic franchisees includes certain
reductions in royalties, food-service pricing and online fees through
2018. In addition, funds will be provided to support new marketing and
re-imaging initiatives consistent with the Company’s new brand
direction. Total costs for the assistance program are consistent with
the Company’s previously provided outlook as announced on
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materially from those matters expressed or implied in such
forward-looking statements. Our risk factors are discussed in detail in
“Part I. Item 1A. – Risk Factors” in our Annual Report on Form 10-K for
the fiscal year ended
About Papa John’s
Headquartered in
For more information about the company or to order pizza online, visit Papa John’s at www.papajohns.com.
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Source: Papa John’s
Papa John’s International, Inc.
Investors:
Joe Smith,
502-261-7272
Chief Financial Officer
Joe_Smith@papajohns.com
or
Media:
Madeline
Chadwick, 502-261-4189
VP, Communications
Madeline_Chadwick@papajohns.com