Here's Why Investors Should Avoid Papa John's (PZZA) for Now

The industry is grappling with challenges stemming from potential geopolitical events in an ever-changing global landscape. Papa John's closely monitors these situations and adapts its operations in affected regions accordingly. In the first quarter of fiscal 2024, the company's international comparable sales were negatively impacted by ongoing conflict in the Middle East, resulting in a 2.6% year-over-year decline compared to a 5.8% drop in the prior-year quarter at international restaurants. The company r ...