Lower Price for Papa John's Makes Sense -- Market Talk

Dow Jones01:20

1320 ET - A lower price point for Papa John's International makes sense, Benchmark analyst Todd Brooks writes following WSJ reports that Irth Capital Management is leading a $1.5 billion bid to take the company private. Irth previously offered to buy the company alongside Apollo Global for a reported price of $67 a share, but pizza economics have been pressured since as Domino's has led an aggressive charge into price point promotions. Papa John's has struggled to attract new customers and is poorly positioned to compete on value over the long-term, Brooks writes. "Given the change in the industry environment over the 2H25, we understand why Irth and Brookfield would reportedly come back with a bid that would be lower than the prior reported bid by Irth and Apollo Global," he writes. Papa John's falls 4.8% following a surge Wednesday. (elias.schisgall@wsj.com)

(END) Dow Jones Newswires

March 12, 2026 13:20 ET (17:20 GMT)

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Papa John's has struggled to attract new customers and is poorly positioned to compete on value over the long-term, Brooks writes. \"Given the change in the industry environment over the 2H25, we understand why Irth and <a href=\"https://laohu8.com/S/BN\">Brookfield</a> would reportedly come back with a bid that would be lower than the prior reported bid by Irth and Apollo Global,\" he writes. Papa John's falls 4.8% following a surge Wednesday. (elias.schisgall@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 12, 2026 13:20 ET (17:20 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lower Price for Papa John's Makes Sense -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLower Price for Papa John's Makes Sense -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-13 01:20</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1320 ET - A lower price point for Papa John's International makes sense, Benchmark analyst Todd Brooks writes following WSJ reports that Irth Capital Management is leading a $1.5 billion bid to take the company private. Irth previously offered to buy the company alongside Apollo Global for a reported price of $67 a share, but pizza economics have been pressured since as Domino's has led an aggressive charge into price point promotions. Papa John's has struggled to attract new customers and is poorly positioned to compete on value over the long-term, Brooks writes. \"Given the change in the industry environment over the 2H25, we understand why Irth and <a href=\"https://laohu8.com/S/BN\">Brookfield</a> would reportedly come back with a bid that would be lower than the prior reported bid by Irth and Apollo Global,\" he writes. Papa John's falls 4.8% following a surge Wednesday. (elias.schisgall@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 12, 2026 13:20 ET (17:20 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B775SV38.USD","symbol_name":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2619155488","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2619155488","pubTimestamp":1773336000,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1320 ET - A lower price point for Papa John's International makes sense, Benchmark analyst Todd Brooks writes following WSJ reports that Irth Capital Management is leading a $1.5 billion bid to take the company private. 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Irth previously offered to buy the company alongside Apollo Global for a reported price of $67 a share, but pizza economics have been pressured since as Domino's has led an aggressive charge into price point promotions. Papa John's has struggled to attract new customers and is poorly positioned to compete on value over the long-term, Brooks writes. \"Given the change in the industry environment over the 2H25, we understand why Irth and Brookfield would reportedly come back with a bid that would be lower than the prior reported bid by Irth and Apollo Global,\" he writes. Papa John's falls 4.8% following a surge Wednesday. 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