, Columnist
Papa John's Just Went From Bad to Worse
Lousy results, a lingering scandal and a grim outlook. Where’s the bottom?
A heaping hot pie of problems.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
Now arriving at Papa John's doorstep: more problems.
The beleaguered pizza chain reported results for its latest quarter on Tuesday afternoon, revealing once again just how much it’s fallen behind its competition. It recorded a 6.1 percent decrease in comparable sales in its North America business from a year earlier, its third consecutive quarter of declines on this measure and a stumble that comes as Domino's Pizza Inc. continues to notch robust growth with the help of a technology-centric strategy.