this post was submitted on 02 Mar 2026
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Economics

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Papa Johns is the latest pizza chain to close hundreds of locations following a tough quarter as customers pull back on spending.

The company revealed during Thursday’s earnings call that approximately 300 underperforming restaurants in North America will close by the end of 2027, with about 200 of them shuttering this year.

The affected restaurants are those “not meeting brand expectations or lack a clear path to sustainable financial improvement, as well as locations where we can effectively transfer sales to a nearby restaurant,” said Ravi Thanawala, Papa Johns chief financial officer and president of the chain’s North America operations.

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[–] SpaceNoodle@lemmy.world 2 points 14 hours ago (1 children)

Again, when you're young and spending all your time working in order to afford to live, that ain't happening.

Decades later, I can afford to have free time and cook for myself and my family, and I do, and I live doing it. That's not the everyday reality for everyone, though.

[–] TheAsianDonKnots@lemmy.zip 0 points 12 hours ago (1 children)

I understand. My only wish is that you could imagine how much money you could save while eating healthy and facing the challenges of your week. Good luck friend.

[–] SpaceNoodle@lemmy.world 2 points 11 hours ago

As I alluded to before, I have money now, so yes, I can afford to save money.