“First and first of all, we need to make sure that we live at the level of our brand’s promise to better structure, better pizza in everything we do” Pengore, president and CEO of PAPA John’s International (swing) he said during the series in the fourth quarter of last month.
💵💰Don’t miss this step: Subscribe to Thestreet 💰💵
Pengoer has told analysts that 2024 is a year of change and reorganization across the third largest pizza company in the world.
“We have spent a dynamic environment of work and competition, while we have been in motion in the near future,” he said. “We are encouraged because of the progress and violence we see as we go into 2025.
Pengore called it a Q4, which fits the company’s expectations. Complicated sales, which are opened by stores, are at least one year, better than Q3.
Pope John Restaurant on 343 Grand Street, Manhattan, Sunday, February 25, 2024. CEO is happy with the company’s progress after reorganization.
“While we know we still have work to do, we have many opportunities to advance the business,” he said.
Pengoer and the company are in a tough sector: Restaurants consultants Aroon Allen and his colleagues say “the world’s pizza industry worth $ 160 billion is not for the weak.
“The American Pizza industry is one of the most satisfied in the world with one pizza shop for every 5,100 people,” he said.
“This will not slow down the chain of chains,” he said. “Actually, the movements quickly make others a human cruelty that must cause alarms to those who do not invest in arms races that mold.
domino’s (DPZ) He feels burning as his greatest right, Domino Pizza Interpris, in February, announced it would close 205 places, including 172 Japanese. Other pizza chains have also closed their places.
In addition, the Trump administration’s tax plans will make life difficult for fast food chains.
More restaurants
According to a survey by Madan, half of the adult Americans are likely to cut expenditures in fast food restaurants if taxes cause prices.
Pengor said Pope John emphasized the exaggeration of his commercial message.
“Piza will be played nationally but has won domestically,” Pengoer said. “And when we effectively reach local users, especially in a valuable environment, we win.
Earlier this month, Pope Johnny’s “Mett the Makers” campaign is dedicated to highlighting the team members and the quality of its squads. The company also plans to invest more in the Pope’s Loyalty Program.
“In 2025, we believe that the biggest impact from our investments comes from encouraging the increase in freshness and the number of days needed to visit the future by conveying personal brand experiences that are important for our customers,” Pinggoer said.
Pope Jones beat Wall Street in the fourth quarter of Wall Street, but the comparison of the pizza in the United States fell by about 4 percent in a quarter.
The same store, or comparison, the sales did not include the opening of the store or the closure of new stores. They are an important criterion for evaluating a business, as they help investors and managers understand whether growth comes from the present or new places.
According to the companies’ financial institutions, “for analysts, the sale of the same stores to individual sales companies is often as important as the number of revenues and revenues.
Pope Jones predicts that the sale of North America will rise by 2 percent in 2025. In the first eight weeks of 2025, the sale of North America fell 3 percent last year. This is about 1.3 percent better than the fourth quarter.
“We’re looking forward, we have confidence in our path forward,” Pengoer said. “We know that Pope John is needed to offer the best pizzas across (reasonable service restaurants), the experiences that customers want, all of these, while the profits of restaurants and the continuous value of shareholders in the long run.
Related: The famous struggling pizza series closes the places, there is no bankruptcy yet
Stephel analyst Chris Okol, in the March 26 memoir to investors, spoke about the sale of the same shop. The analyst lowered the price of the price on Pope Jones to $40 from $45, and kept it assessment of the stock evaluation.
The company updates the model to reflect the company’s new part of the report and reduce its predictions for comparisons for the first quarter. Okol says the recent inspection has indicated that the scope of the same restaurant will remain soft at home.
BMO Capital has reduced the price of the investment company to $60 from $6
The company’s income exceeded the analytical consensus, which was largely reflected in the profits of the supply chain, but the department provided the 2025 instructions below consensus for the growth of units and pre-repution revenues, taxes, reduced prices and prices.
The company says BMO sees the danger of a competitive and active background while it has achieved its comparison horizon.
Related: The director of the veteran box curtains the glasses that the S&P 500 predicts
