Papa Johns blames NFL players for low sales, loses $70 M overnight

[Lion Heart 15,041]

Papa John made a boo-boo. Less than 24 hours after the company released its third-quarter earnings — and blamed poor performance on NFL protests — John Schnatter’s personal net worth dropped an astounding $70 million. Forbes estimates that the 55-year-old is now worth $801 million.

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On November 2, Schnatter reported a significant decline in same-store sales, which he was quick to blame on the decline in NFL viewership and “Take a Knee” demonstrations performed by athletes protesting racial inequality. He said, “The NFL has hurt us by not resolving the current debacle to the players’ and owners’ satisfaction. NFL leadership has hurt Papa John’s shareholders.”

But Pizza Hut CEO Greg Creed says the protests haven’t impacted his sales at all, and the chain relies heavily on game-time delivery. Even DiGiorno weighed in on the controversy, trolling Schnatter on Twitter as to inform him that maybe Papa John’s pizza simply isn’t up to par.

“Better Pizza. Better Sales,” DiGiorno’s Twitter wrote, followed by a series of tweets denouncing the quality of Papa John’s pies.

https://www.thedailymeal.com/eat/papa-john-s-ceo-loses-70-million-overnight-after-blaming-nfl-poor-pizza-sales/110317

[Amidana 4,317]

Their pizza isn't even good 

[ryanripley 86,575]

this is like that time where i dropped a glass and blamed it on my dog for sleeping

[DavidLirk 962]

Iggy Azalea ended them

[Lion Heart 15,041]

 

[XXXXX 4,775]

24 minutes ago, Lion Heart said:

Forbes estimates that the 55-year-old is now worth $801 million.

Off topic, but why do they always mention their age? 

[Tom Nook 37,820]

[Tom Nook 37,820]

Omg  

[coekane 5,921]

I don’t even like these types of Pizza Joints except the this one called Snappy Tomato. 

Back to Pizza King across state it is for me. 

[Lion Heart 15,041]

2 minutes ago, BabyMonster said:

I don’t even like these types of Pizza Joints except the this one called Snappy Tomato. 

Back to Pizza King across state it is for me. 

Wow I've never heard of this one before. 

And now I looked it up and there's one not too far from me.  

[Bling 31,680]

DAMN DiGiorno is a shady kween!

[coekane 5,921]

Just now, Lion Heart said:

Wow I've never heard of this one before. 

And now I looked it up and there's one not too far from me.  

It’s really good. (Square Pizza mmmm)

And in some locations, they have TV’s and booths that match trains, and the trains bring you drinks. 

[Trepadation 5,566]

It's not delivery it's shade

[Born To Slay 10,996]

Papa Johns has been right wing for a while now. This isn't surprising.