What Should Replace Papa John’s?
In his own words, “We just believed early on that if we take care of our people and take care of our product and we do the right thing and run a good, clean business, where it’s a win-win [for everyone], we could build a successful enterprise.” The biggest reason why John Schnatter is a huge asset for the company is his love of the product. John frequently appears on television shows to demonstrate his affinity for the company. Balance Sheet The current ratio at the company is unimpressive, at 1.14. The company clearly pays less emphasis on keeping extra cash reserves for tough times. However, this may be due to the relatively safe nature of the business. For instance, earnings of the business did not suffer during the 2008 recession. The debt on the balance sheet seems extremely high. The long-term debt over the last 5 years (2008-2012) has been reduced from $130 million at the end of 2008 to $88 million at the end of 2012. Long-term debt figures 2008-2012. However, the equity portion of the balance sheet has remained stagnant, despite increasing profits. This is due to continuing stock buybacks.
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In celebration of the partnership, John Schnatter, Papa Johns founder, chairman and CEO, attended last nights playoff game against the New York Knicks giving away pizza to hundreds of fans. Papa John’s founder, chairman and CEO, John Schnatter, is interviewed by Larra Overton with Pacers.com during halftime of the Pacers’ playoff victory over the New York Knicks. (Photo: Business Wire) I was born and raised in the state of Indiana, and its where I started Papa Johns, so this state and our partnership with the Pacers hold a special place in my heart, said Schnatter. What this partnership is all about is rewarding Pacers fans with better quality pizza while generating excitement for both the Pacers and Papa Johns. Prior to the game, Papa Johns gave away 150 pizzas to fans and the Pacers team and staff during a pre-game fan rally. During the game, Schnatter gave away an additional 136 pizzas to fans in the loudest section of Bankers Life Fieldhouse. The Indiana Pacers are very excited to have this outstanding partnership with Papa Johns, said Jim Morris, president of Pacers Sports & Entertainment. Both of our organizations are committed to always delivering an outstanding product to our customers each and every day. Papa Johns relationship with the Pacers already has paid dividends for the Indianapolis community as the brand earlier this month partnered with Pacers all-star Paul George to support Riley House for Children at Indiana University Health. Through the promotion, Papa Johns will donate $1 of every order of its Hope Happens Here Meal Deal to Riley Hospital for Children. The promotion already has raised more than $2,500 in just two weeks.
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Papa John’s Rated No. 1 among All National Pizza Chains by Prestigious American Customer Satisfaction Index
The former pizzeria is now vacant, so what do you want to see added to Caldwell’s busy Bloomfield Avenue? Posted by Mike D’Onofrio (Editor), July 12, 2013 at 11:29 pm Next Previous Slideshow Download The Caldwells has lost a pizzeria and gained a vacant building on Bloomfield Avenue. It is time for another installment of Visions for Vacancies. This week, The Caldwells Patch asks: Whatshould move to 455 Bloomfield Ave., the former Papa John’s Pizzeria? All possibilities are on the table. We ask you to forget what zone it’s in, ignore setback regulations, dump-lot coverage rules, and all the other zoning jargon that puts most people to sleep. If you had your way, what would you like to see there? What would be the best use for the community? A “For Rent” sign now hangs in the building’s storefrontwindow, which sitsat the corner of Bloomfield and Central avenues. The single-story building is located next to a cobbler and has on-street meteredparking. What would you like to see move into the location? Another fro yo shop or pizzeria? A cafe? An Ethiopian restaurant?
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Papa John’s Announces Partnership Agreements with the Indiana Pacers and All-Star Paul George
For more information about the company or to order pizza online, visit Papa Johns at http://www.papajohns.com , or visit us on Facebook at http://www.facebook.com/PapaJohns , on Twitter at http://twitter.com/PapaJohns , or on our blog at http://www.papajohnsblog.com . About ACSI The American Customer Satisfaction Index (ACSI) is a national economic indicator of customer evaluations of the quality of products and services available to household consumers in the United States. The ACSI uses data from interviews with roughly 70,000 customers annually as inputs to an econometric model for measuring customer satisfaction with more than 230 companies in 48 industries and 10 economic sectors, as well as over 100 services, programs, and websites of federal government agencies. ACSI results are released on a monthly basis, with all measures reported using a scale of 0 to 100. ACSI data have proven to be strongly related to a number of essential indicators of micro and macroeconomic performance. For example, firms with higher levels of customer satisfaction tend to have higher earnings and stock returns relative to competitors. Stock portfolios based on companies that show strong performance in ACSI deliver excess returns in up markets as well as down markets. And, at the macro level, customer satisfaction has been shown to be predictive of both consumer spending and gross domestic product growth. The Index was founded at the University of Michigans Ross School of Business and is produced by ACSI LLC. The ACSI can be found on the Web at http://www.theacsi.org .
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