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Papa John's International Inc.

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Papa John’s shares have widely underperformed the industry year-to-date. Current quarter and year estimates have also gone down over the past two months. This reflects an on-going pessimism over the stock’s prospect. Going forward, costs related to sales initiatives coupled with forex headwinds could weigh on profits while a choppy sales environment in the restaurant space may limit revenue growth. However, the company’s commitment to provide quality food is commendable and should continue appealing health-conscious customers. In addition to product innovation, the company is focusing on digital enhancements, brand imaging and improving customer experience. Meanwhile, Papa John’s strategic partnerships, large scale expansion plans and increased focus on franchising bode well too.

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