Tag: Papa John’s

Papa John’s launches Apple TV order app, reportedly the first among pizza companies

High-definition Television
Papa John’s demonstrates the new app on its website.

Introduced today for Apple TV-equipped smart televisions, the app works like the pizza chain’s mobile app and website, letting customers customize their pizza order with a builder function. Papa John’s customers can also add other items to their order, like side dishes, drinks and desserts. They can save their favorites, view recent orders, and store payment information for future use.

Anyone following the bare-knuckled competition among fast-food companies knows technology, especially when it comes to ease-of-ordering, is critical to gain and hold market share in the most coveted, tech-savvy group: younger consumers.

Tech Times says Papa John’s is the first pizza app for Apple TV, noting: “It’s usually the company’s competitor Domino’s that makes headlines for its tech-savvy ways of ordering, such as customers being able to tweet a pizza emoji or use Amazon Echo.”

But Domino’s keeps heat on

Just last week, its New Zealand branch said it would be introducing drone delivery service. The flying robots will be operated by U.S.-based Flirtey, according to Yahoo Finance.

“We’ve always said that it doesn’t make sense to have a two-ton machine delivering a two-kilogram order,” said Domino’s CEO Don Meij, according to Britain’s Independent newspaper. “The reach that a drone offers is far greater than other current options which are restricted by traffic, roads and sheer distance.”

If successful, Domino’s will consider rolling the drones out in Australia, Belgium, France, the Netherlands, Japan and Germany.

With the service, customers would order pizzas using an app on their smartphone, and the drones would zero in on the phone’s GPS signal. They will fly at an altitude of about 197 feet and the customer will be notified as the delivery approaches, the Independent says. The pizzas are then lowered out of the air, ensuring the drones remain a safe distance from the public.

Papa John’s CEO Schnatter’s latest stock sale is biggest in already-busy trading month

John Schnatter told the Securities and Exchange Commission moments ago that he’d sold 44,174 Papa John’s shares for $3.4 million, the single-largest block he’s sold since he began aggressively selling at the start of the month; see table, below.

The filing shows he sold the shares at an average $76 each on Thursday. That brings to nearly 103,000 the number of shares he’s sold since Aug. 5, SEC documents show. Still, he remains far and away the single-biggest stockholder in the company he founded in 1984, with about 10.5 million shares, including those subject to options.

The company’s PZZA shares closed today at $75.36, up 91 cents, or 1.2%.

John Schnatter August 2016 stock trades

Yum hits 52-week high; Pizza Hut kicks off a new flick football game box; Papa John’s, Calipari in Louisiana flood-relief effort; and up to 100 students brawl at New Zealand KFC

A news summary focused on 10 big employers; updated 4:59 p.m.

YUM shares traded at a 52-week high of $90.93 today, before easing back to close moments ago at $90.76. It’s all-time record high came May 20, 2015, when it traded for $95.90 a share (Google Finance).

AMAZON said this afternoon it plans to open a distribution center in Monee, Ill., an hour south of Chicago; it didn’t provide a timetable, however (press release). In the Louisville area, Amazon employs 6,000 workers at two centers, in Jeffersonville and in Shephardsville. More about the retailer’s area operations.

Pizza Hut flick football box
The flick football box promotion ends Oct. 14.

PIZZA HUT: Starting today, and just in time for the start of football season, Pizza Hut is serving medium pizzas in a Flick Football Field box, featuring a football field printed on top, detachable goal posts, football triangles and a scorecard. Flick football is a tabletop game played with a piece of paper folded into a small triangle. Players flick the “football” across a table, scoring points based on where the football lands. Adding a social media marketing component, the Yum unit is asking customers to share videos of their flick football skills for a chance to win free pizza from the chain’s $5 Flavor Menu. The promotion runs through Oct. 14. It follows Pizza Hut U.K.’s far more novel box less than two weeks ago: a very limited edition (as in just five) cardboard box with a workable DJ mixing board (CNBC).

John Calipari
Calipari

PAPA JOHN’S and University of Kentucky men’s basketball coach John Calipari are teaming up to raise money for victims of the Louisiana flooding. Yesterday, Calipari announced the pizza chain would offer a large two-topping pizza for $10, with 10% of the proceeds going to the Calipari Family Foundation, earmarked for flooding victims (Today’s U Sports). Papa John’s founder John Schnatter has supported the foundation in the past, donating $53,000 since 2012 for its programs helping children.

KFC: In New Zealand, four people were arrested today after a massive brawl involving up to 100 students from rival schools erupted at a KFC fast food outlet in South Auckland. Weapons used included knives, chairs and bits of wood, a police spokesperson told NZME, and witnesses said the students involved both boys and girls, with some appearing to be less than 16 years old (7 News via Yahoo).

Ronald Ganett
Gantt

UPS: In Prattville, Ala., a UPS driver was taken to the hospital in stable condition after he was accidentally struck by a crossbow bolt fired by someone while he was driving. The driver wasn’t identified. The bolt went through his upper right arm and lodged in his right chest, according to an Autauga County Sheriff’s Office report. Investigators say 55-year-old Ronald Curtis Gantt has been charged with assault in last Thursday’s incident. Gantt told authorities he was taking part in target practice in his front yard when he shot the driver. Investigators are calling the incident an accident, but charged Gantt due to the reckless nature of his actions (Montgomery Advertiser).

Slime time: In the genteel world of old-money philanthropy, pizza king Schnatter is busting loose

By Jim Hopkins
Boulevard Publisher

When Tom Jurich chases the money John Schnatter gives to charity every year, it’s the ever-prowling cats that pose competition.

No — not those ones. I’m referring to the snow leopard and other big cats at Louisville Zoo, just five miles from Papa John’s Cardinal Stadium, the University of Louisville colossus about to undergo a $55 million renovation that athletics director Jurich wants done in just two years.

Schnatter, 54, loves U of L. He’s donated more than $20 million to the 22,000-student school over the past decade, winning naming rights for his Louisville-based pizza chain for decades to come. (And Schnatter’s a Ball State graduate, to boot.)

Papa John's logoBut he also likes other charities — especially the zoo, according to the most recent IRS tax returns for his John H. Schnatter Family Foundation, which filed its 2015 return only last week. The returns show the foundation gave $111,000 to the zoo in 2012-2015; only one other recipient — U of L — got more, among the dozens of charities Schnatter and his wife Annette support. And that was on top of $1.1 million they donated to the zoo in 2008. To be sure, the zoo was just barely ahead of No. 3 on the foundation’s gift list (keep reading).

The returns offer an inside look at how one of the city’s richest couples — we’re talking $800 million — positions themselves in a pecking order where the right kind of philanthropy is the ticket to top-drawer society. This much is clear: the Schnatters don’t give a flying fig about old-money Louisville. They’re passing on virtually all the usual suspects: the Speed Museum, Actors Theatre, Kentucky Opera, the Fund for the Arts — cultural war horses favored by more established families like the Browns and their 150-year-old whiskey fortune, or the Binghams and their faded media empire from 1918.

Instead, the Schnatters devoted their relatively modest $1.9 million to 86 charities over the four years I examined, focused heavily on helping children and veterans; animal welfare and — crucially, for anxious development officers — advancing John Schnatter’s growing interest in free enterprise and limited government.

But he’s never been old money, anyway.

1980s: bustin’ out

After graduating from Ball State University in 1983, Schnatter started Papa John’s in a broom closet at his father’s tavern, Mike’s Lounge, which he famously saved from ruin with $2,800 he got selling his prized 1972 Camaro. Nearly 32 years and many millions of pies later, he stars in his own TV commercials blanketing the air, proving he’s not above getting dirty to make a sale — literally. In a Sony Pictures marketing tie-in this summer, he played a slimed Ghostbuster pizza delivery guy; that’s a still photo, top of page. (Can you imagine Brown-Forman Chairman George Garvin Brown IV dressed as a dancing mint julep for an Old Forester spot? Neither can I.)

Tom Jurich
Jurich

No matter. Schnatter’s laughing all the way  to the bank. Today, Papa John’s has more than 4,700 restaurants in 38 countries and territories. Its 22,000 employees include 750 in Louisville. And his stake in the $2.8 billion behemoth just soared past $800 million for the first time. That’s a lot of loot that’s arrived relatively fast. On a split-adjusted basis, Papa John’s stock has increased six-fold in the past five years alone. The question over at U of L: How much of that will Jurich wrangle for his $55 million stadium project? Continue reading “Slime time: In the genteel world of old-money philanthropy, pizza king Schnatter is busting loose”

Schnatter unloads another $1.7 million worth of Papa’s shares

It seems Papa John’s founder and CEO John Schnatter can hardly sell shares fast enough. Moments ago, he notified the Securities and Exchange Commission that he’d sold 22,261 shares at $76 each, for a total $1.7 million.

That’s the same per-share price he got Tuesday and Monday, when he sold 11,500 for $873,000 — trades we reported just this morning. And those all followed the 24,322 shares he unloaded the first week of the month, when three other top executives went to market as well, all at prices between $76 and $77 a share.

John Schnatter
Schnatter

Insider sales like these are always noteworthy because they could mean the top brass thinks share prices have plateaued, or are headed lower. On the other hand, such trades could simply involve selling to raise cash or diversify investment portfolios.

Whatever the case, Papa John’s PZZA closed today at $75.34 a share That’s well below the record $78.09 trading high on Aug. 3. And as we pointed out this morning, Schnatter, 54, still holds the single-biggest stake in the company he launched in 1984: 10 million shares worth $753 million. With options, the figure rises to nearly $800 million.

Schnatter trims holdings by another $873K, new SEC filing shows; mourners recall pregnant Calif. Taco Bell employee killed in crash; and UPS to launch expansion

A news summary, focused on 10 big employers; updated 5:12 p.m.

PAPA JOHN’S founder and CEO John Schnatter sold 11,500 shares this week at $76 each for a total $873,000, according to a new Securities and Exchange Commission filing yesterday.

To put Schnatter’s $873,000 profit in perspective, consider this: His pizza chain is running a help-wanted Craigslist ad in the Louisville area right now for delivery drivers, promising as much as $20 an hour, with tips. At that rate, a driver would need to work 40 hours a week, 52 weeks a year, for 21 years to make what Schattner, 54, earned with a few keyboard strokes this week.

And he still owns a lot more stock. The trades were made Monday and Tuesday, and left him with a still-huge stake: 10 million shares worth $758 million at yesterday’s closing PZZA price of $75.80. With options, the figure rises another $40 million.

HUMANA declared a regular quarterly dividend of 29 cents a share payable on Oct. 28 to stockholders of record Oct.13 (press release).

Dulce Capetillo
Capetillo

TACO BELL: In San Jose, Calif., last night dozens of mourners remembered Dulce Capetillo, the pregnant 18-year-old Taco Bell employee killed in a car crash last week on the way to picking up her husband, who worked for the fast-food chain during the late shift at another outlet. Doctors saved their infant son, Christopher; he’s now eating from a bottle and no longer tethered to medical equipment. By yesterday, nearly $17,000 had been raised to cover Capetillo’s funeral costs and Christopher’s medical bills, with Taco Bell contributing toward the total (Mercury News). In Louisville, the fast-Mexican chain delivered free lunch yesterday to Louisville Metro Police headquarters as it made amends for an embarrassing incident last week, where employees at a Taco Bell on Preston Highway near Phillips Lane initially balked at serving five LMPD officers (WDRB).

UPS will hold a ceremonial groundbreaking for its previously announced $310 million expansion of the company’s giant shipping hub at Louisville International Airport; the project is expected to add 300 jobs over the next 18 months to the 22,000 already there (Courier-Journal). UPS is the city’s single-biggest private employer; more about the shipper’s local operations.

BROWN-FORMAN turned to automation in an expansion of its Jack Daniel’s distillery operations in Lynchburg, Tenn., according to a new and very wonky account in a trade publication (Automation World).