Tuesday, May 28, 2019
Papa Johnââ¬â¢s International, Inc. Essays -- Strategic Case Analysis
Introduction Papa Johns International, Inc., is headquartered in Louisville, Kentucky it is the worlds largest pizza chain and considered paramount in the pizza industry. Papa Johns municipal pizzas are made exclusively from a proprietary blend of wheat flour, cheese made from coke% real mozzarella, fresh-packed pizza sauce made from vine-ripened tomatoes (not from concentrate) and a proprietary mix of savory spices, and a choice of high-quality meat (100% beef, pork and chicken with no fillers) and veg toppings. However, international ingredients vary to meet customs and tastes. (http//ir.papajohns.com/)The company operates approximately 3,400 domestic and international pizza restaurants. They have five segments of their business domestic restaurants, domestic commissaries, domestic franchises, international operations, and variable interest entities. (Barney & Hesterly, 2010) They have company-owned restaurants in mature and arriveed markets, but have recently experienced a mea surable decrease in their domestic franchising sales because these franchisees are not strategically located in the more heavily concentrated markets like their company owned restaurants. To further develop the Papa John franchisees, they are working on various economic systems to provide royalty and local marketing relief for struggling franchisees, by providing financial support to assist existing and/or new businesses, and educating lenders and banking institutions on the Papa Johns business models and goals.Papa Johns has currently started repurchasing about 1 million shares of its common stock at an average price of $22.52 per share, the companys board of directors recently extended a repurchase plan finished the end of 2010. Papa Johns... ... end-user customers, so as to capture additional market presence.Dominos has recently changed their pizza ingredient and their pricing structure they could belong a major threat to Papa Johns customer base because they have always prid ed themselves on using high-quality ingredients. Dominos is now qualification attempting to grab up some Papa Johns domestic market share.Works CitedForm 10-K Annual Report Filed Feb 24, 2009, http//ir.papajohns.com/secfiling.cfm?filingID=1104659-09-11825 (Retrieved 2/11/10)Thursday, February 11, 2010, 243pm EST Modified Thursday, February 11, 2010, 304pm, Papa Johns cooks up heart-shaped pizza promo http//louisville.bizjournals.com/louisville/stories/2010/02/08/daily41.html?ana=yfcpc (Retrieved 2/11/10)http//money.cnn.com/2009/09/22/news/companies/papa_johns_pizza_schnatter.fortune/index.htm (retrieved 2/12/10)
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