Papa Johns' Q1 North America same-store sales dropped 2% due to customers shifting to third-party aggregators.
Papa Johns' sales have declined due to customers spending less and opting for third-party aggregators over the company's direct delivery channels. This shift has led to a 2% drop in North America same-store sales for the first quarter. Sales from aggregator channels grew to 16%, while organic delivery declined. Papa Johns plans to focus on improving sales of side items as consumers prioritize core offerings.
May 13, 2024
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