As the smallest of the big three pizza retailers, Papa John's (NASDAQ:PZZA) has done a great job garnering national attention, through its massive TV campaign. The company has been adding restaurants at a healthy pace, with an increasingly larger focus on international markets.
Today, we will be addressing two catalysts that can have a long term impact on topline growth. In our main catalyst section, we will look at China and the pivotal role it can play for the long term outlook of Papa John. Our second catalyst deals with the initiatives undertaken by the company to attract franchisees. Success in these two areas dictates whether we believe Papa John's is a Hold or Buy.
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