In early 2017, Papa John’s was enjoying steady growth, a high-profile partnership with the NFL and rapid international expansion. But its winning streak didn’t last — by 2018, Papa John’s future looked bleak. North America same-store sales growth plummeted in the 4th quarter of fiscal year 2017, and stayed negative for 6 straight quarters after that. Here’s where Papa John’s went wrong.
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What Happened To Papa John’s?