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Papa John’s CEO: Seeing some easing in commodity costs
The Fly

Papa John’s CEO: Seeing some easing in commodity costs

In an interview on CNBC’s Mad Money, Rob Lynch said despite a 40% increase in commodity costs in 2022, they are starting to ease coming into 2023. Papa John’s expects North American SSS to grow 2%-4% in 2023. The company has brought in new leadership and is focused on innovation to bring in new customers. There is a real improvement in customer satisfaction, he noted.

Published first on TheFly

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