Papa Johns is the latest pizza chain to close hundreds of locations following a tough quarter as customers pull back on spending.
The company revealed during Thursday’s earnings call that approximately 300 underperforming restaurants in North America will close by the end of 2027, with about 200 of them shuttering this year.
The affected restaurants are those “not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant,” said Ravi Thanawala, Papa Johns chief financial officer and president of the chain’s North America operations.
Thing is, Papa John's is WAY overpriced. Last time I got a pizza there it was over $30.
So PJ's isn't exactly for "lower income".
Little Caesars is 1/3 the price and not really a lesser pizza. PJ's just ain't that good.
My local joint sells a pizza that's 10x better than PJ's for $20.
Then PJ's tacked on major delivery fees to boot. Fuck em.