Pizza Pizza, Pizza 73 have disappointing Q2

August 9, 2018

The parent company of Pizza Pizza and the Pizza 73 chains shared disappointing quarterly and half-year financials today for the period ending June 30. Pizza…

Papa John’s: 'Actions of 1 person' could cost brand $50 million this year

by S.A. Whitehead — Food Editor, Net World Media Group

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…

Kotipizza's record-breaking July hits $12.7M in sales

August 7, 2018

Kotipizza can do no wrong lately, and that luck held out for the brand in July when it broke a personal best sales record, hitting total monthly sales of 11.…

Commodities: Most brands rebound

Most pizza brands rebounded in value last week, while commodity prices remained fairly tame.

Pizza Hut performance drags down Yum China Q2 results

August 2, 2018

Yum China reported an overall 1 percent dip in same-store sales for the company during Q2 2018, stemming from a hefty 4-percent drop in its Pizza Hut brand's…

Papa John's pays dividend, wins back Texas Rangers

August 2, 2018

Papa John's — which is scheduled to release its financial results next Tuesday — said that it will pay out its quarterly dividend rate of $0.225 per common…

Commodities: Pizza brands take a beating

Last week was a tough one for most pizza restaurateurs as the prices for all essential commodities rose, while all but one brand monitored by this site…

Papa John's board acts to safeguard company from founder's takeover

July 24, 2018

Papa John's board has adopted a limited duration stockholder rights plan, sometimes referred to as a "poison pill" defense strategy, to safeguard control of…

Domino's racks up 98 straight quarters of international same-store sales growth

July 19, 2018

Domino's Q2 2018 results show same-store sales 6.9 percent over last year's quarter, with a 4 percent growth in international same-store sales, giving the…

Papa John's kicks Schnatter out of HQ, acts to fix brand, company culture

by S.A. Whitehead — Food Editor, Net World Media Group

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…

Commodities: Pizza brands make nice gains ... especially Papa John's

by S.A. Whitehead — Food Editor, Net World Media Group

Despite the global news swirling around Papa John's brand and its controversial founder, John Schnatter, it was a pretty profitable week for pizza…

Schnatter out after using racial slur

July 12, 2018

Papa John's has severed all ties with Founder John Schnatter. At 10:59 p.m. the company's board said Wednesday night that it had accepted his resignation…

Commodities: A good news-bad news kind of week

by S.A. Whitehead — Food Editor, Net World Media Group

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…

A smart new source for pizza payment, financial info

by Kathy Doyle — President, Networld

Contemplating going cashless, accepting Bitcoin and adding online and mobile payment options are just a few decisions restaurateurs and retailers are facing…

Kotipizza's sizzling summer starts with record-breaking sales

June was a sizzler for Northern European brand, Kotipizza, which reported record-breaking sales for the month and a 14.7 percent same-store sales increase in…

Commodities: A brutal week for most pizza brands

by S.A. Whitehead — Food Editor, Net World Media Group

Growing pizza commodity prices, but falling stock prices for most brands, left pizza restaurateurs with a weekend headache and hopes for a better July.

Commodities: Prices down on some pizza ingredients

Restaurateurs enjoyed lower costs last week on the commodities markets with cheese, vehicle fuel and some wheat prices falling, while two of the publicly…

Caterers can make $6 for every dollar invested in food waste

Restaurant brands with large catering arms would do themselves a favor by cutting food waste, according to a news report that found that every $1 invested in…

Kotipizza net sales up 12 percent this quarter, new brands in works

June 20, 2018

Things are singing along nicely at European pizza superpower, Kotipizza, where comparable net sales grew 12 percent, and EBITDA grew 19 percent this year for…

Commodities: Gas demand up, some grades' prices down

by S.A. Whitehead — Food Editor, Net World Media Group

Despite an all-time high consumer demand, there was downward movement over the last week in some gas prices. Unfortunately, the same trend was in effect for…