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Papa John's (PZZA -8%) slumps after missing earnings estimates with its Q4 report and restating...

Papa John's (PZZA -8%) slumps after missing earnings estimates with its Q4 report and restating financial results from 2009 to 2011. During the latest quarter, the company saw global sales growth of 19.6% and growth at restaurants opened at least a year of 7%.
Comments (4)
  • Momintn
    , contributor
    Comments (4675) | Send Message
     
    This is a good price to begin a position.
    27 Feb 2013, 11:19 AM Reply Like
  • J 457
    , contributor
    Comments (951) | Send Message
     
    This is a good price to short?
    27 Feb 2013, 11:23 AM Reply Like
  • Drew Robertson
    , contributor
    Comments (345) | Send Message
     
    I really don't know how this company survives. Obamacare is going to add something like $.15 to COGS per pizza. If they try to raise prices it's going to price them out of the range for their target demographic.
    27 Feb 2013, 11:38 AM Reply Like
  • J 457
    , contributor
    Comments (951) | Send Message
     
    The only thing propping up this price is free FED money and share buy-backs. Otherwise it would be cut in half at best.
    27 Feb 2013, 12:12 PM Reply Like
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