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Papa John’s ‘is not a trusted brand,’ expect sales, employee morale to plummet

July 23, 2018

Via: CNBC
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The ongoing battle between Papa John’s and its founder is putting the company in a precarious position, threatening not just future sales, but employee and franchisee commitment to the brand, an analyst said, as he downgraded the stock to sell from hold.

Shares of Papa John’s fell nearly 8 percent in early trading Monday to a new 52-week low. The stock is down more than 32 percent over the last year.

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