New York Post
11 Jun 2026, 18:40 UTC · 4h ago
Papa Johns shutters nearly 50 locations across 17 states as competition intensifies
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
New York Post
11 Jun 2026, 18:40 UTC · 4h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
What the story claims
4 claims · each scored for market impact
Papa Johns is implementing a plan to close approximately 300 North American stores by the end of 2027, with 44 locations already closed in the first quarter across 17 states. — Massive store closures signal shrinking market share and systemic underperformance across a wide geographic footprint.
-0.60Papa Johns has laid off 7 percent of its corporate workforce. — Corporate downsizing often indicates a move to cut costs amid declining revenues or operational struggles.
-0.40The company's stock has fallen roughly 21 percent year-to-date and more than 69 percent over the past five years. — Prolonged negative price action reflects a sustained loss of investor confidence in the company's long-term growth trajectory.
-0.30Continue reading
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Management believes closures of units with annual sales under $600,000 will increase average unit volumes (AUVs) by at least 3 percent. — This is a strategic optimization effort intended to improve overall system health and franchisee profitability.
+0.20Which stocks this story touches
The company is closing numerous locations, laying off corporate staff, and experiencing a significant decline in share price.
Its subsidiary Pizza Hut is closing hundreds of locations and the parent company is reportedly considering selling the chain.
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