The Tax Reform Act of 2017 gave us the new Section 199A pass-through deduction—a valuable tax deduction available to many businesses, including those in the restaurant and hospitality industry. It also gave us some eligibility requirements that have to be met to take the deduction.
The new tax law contains some of the biggest changes we’ve seen in tax policy in the last 30 years. Some of the changes will be beneficial to your business and some will not. Our goal is to help you sort them out to maximize the benefits to your business and plan for the changes.
Pizza operators got a break from most commodity prices last week, which turns out to be a particularly good thing since three of the four brands monitored here lost a chunk of value over the five days. The exception? Surprise! Papa John's.
Changing weather, politics and consumer demand could foreshadow equally changing commodity and stock prices in the weeks ahead. This week though values for most pizza staple ingredients fell, though most brand values did too.
Leadership at Papa John’s took on the woeful task last night of talking to investors about the brand’s devastating second quarter financials, vowing not to let the future of the world’s third-largest pizza brand "be defined by the words and actions of one person."
Investors are showing their approval in the actions taken thus far by Papa John's to act on the problems inflicted by its founder's words. Stocks were up decisively at the close of markets last week, so Papa John's leadership is pressing full-steam ahead to distance itself from its controversial founder.
Despite the global news swirling around Papa John's brand and its controversial founder, John Schnatter, it was a pretty profitable week for pizza restaurateurs in the U.S., with all the brands monitored by this site showing gains last week.
Commodity and pizza stock prices were a true blend of good and bad news last week with the bright spots in this week's report revolving around a plentiful cheese supply and healthy crude oil inventories.
Contemplating going cashless, accepting Bitcoin and adding online and mobile payment options are just a few decisions restaurateurs and retailers are facing these days, but making those decisions just got easier.
Restaurateurs enjoyed lower costs last week on the commodities markets with cheese, vehicle fuel and some wheat prices falling, while two of the publicly traded pizza brands monitored by this website got votes of confidence from investors.