Papa John’s blames sales drop on founder’s use of the n-word
August 8, 2018
Papa John’s reported that its same-store sales fell 10.5 percent in July following a public disclosure that founder and former CEO John Schnatter used a racially offensive term on a conference call. The chain’s shares fell 10 percent in after-hours trading.
Recent News
Kaiser Discloses Health Insurance Data Breach
Health insurance company Kaiser is notifying millions of its current and former members about a data breach. The breach occurred when Kaiser shared patients’ information with third-party advertisers like Google, Microsoft, and X (formerly Twitter).
Satirical Site The Onion Acquired by Global Tetrahedron
The satirical news website, The Onion, has been sold by G/O Media to a group of digital media veterans.
National Pretzel Day Deals Await
April 26 marks National Pretzel Day, honoring one of America’s cherished snacks.
Best and Fastest-Selling New Cars in 2024 Ranked
In a recent study by iSeeCars, Toyota emerged as the fastest-selling new car brand from October 2023 to March 2024.