Author: Chris Otts / Source: WDRB
LOUISVILLE, Ky. (WDRB) — Louisville-based Papa John’s International expects sales in its key North America division to decline 1 to 5 percent in 2019, projections that CEO Steve Ritchie said he is “not proud of” but that reflect the “consumer sentiment challenges” the pizza company continues to face.
Papa John’s reported a domestic sales decline of 8.1 percent in the final quarter of 2018, in line with analyst expectations.
Ritchie said some of the company’s initiatives, such as a revamped loyalty program, are yielding early results.
“We are…
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