During a quarterly call with shareholders Wednesday, Papa John's CEO John Schnatter cited national anthem protests in the NFL as one of the reasons for the company's falling stock price.
According to ESPN, Schnatter also took veiled shots at NFL commissioner Roger Goodell for not putting a stop to the anthem protests.
"Leadership starts at the top and this is an example of poor leadership," Schnatter said. ESPN also reports that Schnatter felt the issue should have been "nipped in the bud" when the protests first began.
Papa John's stock price has fallen 5 percent since August. Business Insider reports that in-game pizza sales have dropped this season, especially since President Trump encouraged Americans to boycott the NFL in September.
Papa John's advertises heavily during NFL games, and is the official pizza of the NFL. ESPN also reports that the company has pulled much of its NFL TV advertisements, and that the NFL has responded by offering additional future spots.
Alex Hider is a writer for the E.W. Scripps National Desk. Follow him on Twitter @alexhider.
mr_mufuka on November 1st, 2017 at 17:20 UTC »
“I mean I don’t get it. We’ve got someone accused of sexual assault as our spokesman, our pizza is pretty expensive, we don’t pay our employees well, I raised the price of pizzas after saying I would donate $1 for each pizza sold, I said I’d rather close shop than raise pizza prices a quarter to give my employees health care, and I insert my cunt face in every piece of promotional material that goes out. It’s gotta be the anthem stuff.” - Papa John, Probably
RoyalPenisIsClean on November 1st, 2017 at 17:15 UTC »
doordash and uber eats are why the big pizza chains are hurting. for a long time they were the only delivery options to most people. so people are no longer stuck between 2 or 3 shitty options, they now have like 50 shitty delivery options.
DG_Now on November 1st, 2017 at 16:58 UTC »
I think the biggest problem is he's been on my TV for 20 years and now looks to be made out of plastic.
When you make yourself your brand, you better make sure you're likeable.