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home / news releases / PZZA - Papa John's Founder John Schnatter bearish on company's future

PZZA - Papa John's Founder John Schnatter bearish on company's future

Papa John's International Inc.
Papa John's (PZZA) founder John Schnatter believes the pizza chain's business is being ``artificially'' boosted by the coronavirus, which is masking the company underperforming its earnings and growth potential, according to a new post on Seeking Alpha.Writes that Papa John's EPS is being boosted ``uwisely'' by share buybacks and an ``overly-optimistic view about its clientele and unrealistically optimistic projections of future store openings''``I wish the outlook for the company I founded was brighter for 2021 and 2022'': SchnatterSchnatter is founder and former chairman/CEO of Papa John'sPapa John's shares have gained 47% over past yearEarlier this week Longbow chose Papa John's as a top pick

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Papa John's Founder John Schnatter bearish on company's future
Stock Information
Company Name: Papa John's International Inc.
Stock Symbol: PZZA
Market: NASDAQ
Website: papajohns.com
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