1102 ET - New CEO of Papa John's International Todd Penagor aims to spruce up the fourth largest U.S. pizza chain with better run restaurants, a menu focused more on core pizza and engaged franchisees. Penagor says at an investor day that he's found pizza ovens not running at optimum temperature, restaurants that look tired and too many limited-time offerings on menus in his first 100 days with the brand. Penagor says he aims to focus the brand's efforts, and bring in new franchisees. (heather.haddon@wsj.com; @heatherhaddon)
(END) Dow Jones Newswires
December 12, 2024 11:02 ET (16:02 GMT)
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