In today’s CEO Daily: Diane Brady on Papa Johns’ comeback strategy.
The big story: OECD marks down global growth.
The markets: Down on soft China factory activity, OECD growth cut.
Analyst notes from Deutsche Bank, Principal Asset Management, and Convera.
Plus: All the news and watercooler chat from Fortune.
Good morning. Papa Johns is an old-school brand in a tough sector. Founder John Schnatter got his start in an Indiana pizzeria owned by relatives of my colleague Kristin Stoller. Chief executive Todd Penegor first ate it at Michigan State in 1987. “It’s a brand I love,” says Penegor, who joined last August to “restore the soul of a brand” that’s seeing sales decline at home.
When you’re half the size of Pizza Hut and Domino’s in a U.S. pizza market that’s competitive—the average consumer already eats 288 slices per year—and being squeezed by third-party apps, the question is how.
Penegor is taking inspiration from Wendy’s, where he d
We współpracy z: https://fortune.com/2025/06/03/papa-johns-gets-cheeky-to-power-its-comeback/
