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Fox Business: Here's Why Papa John's International, Inc. Shares Fell 11% in February

The pizza franchise continues to see negative effects from comments made by their former CEO.

Former Papa John's CEO John Schnatter made a comment about the National Football League (NFL) players' national anthem protests back in December and fans of the pizza franchise were not happy. A recent Fox Business article reported that the brand's shares fell from $64.89 in January to $57.74 last month. 

"We know our potential is so much greater than our results, and we are taking significant steps to reinvigorate our record of profitable growth and value creation," said new CEO Steve Ritchie in the Q4 earnings release. "Actions are underway to improve our brand proposition, how we connect with customers, and how we operate at the unit level."

Due to the polarizing effect social issues have, especially nowadays, it more important than ever for brands to be mindful of how they position themselves to the consumer. 

Click here to read the full story. 

Photo courtesy of Papa John's Facebook page

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