Papa John’s: Moving To A Buy As Comparable Sales Are Poised To Recover (NASDAQ:PZZA)

Joe Raedle Investment Thesis Papa John’s International’s (NASDAQ:PZZA) revenue growth should benefit from potential improvement in franchise restaurants’ comparable sales in the back half driven by pricing optimization, and new unit openings. Furthermore, on the international side, the company recently established a company-owned restaurant portfolio in the U.K. by acquiring ~118 restaurants in June and…

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