Papa John's +3% after naming new CEO

Aug. 27, 2019 7:40 AM ETPapa John's International, Inc. (PZZA)By: Clark Schultz, SA News Editor2 Comments
  • Papa John's International (NASDAQ:PZZA) confirms the appointment of Rob Lynch as the company's new CEO.
  • Lynch previously served as president of Arby's, where he led the brand’s dramatic turn-around to strong growth and profitability.
  • The company also reiterates that recent operating results were in-line with the FY19 plan. On the basis of continued solid results as of the current date, the company reaffirms its most recent outlook for EPS of $1.00 to $1.20 vs. $1.13 consensus.
  • PZZA +2.65% premarket to $44.98
  • Source: Press Release
  • Previously: Papa John's eyes Arby's Lynch for new CEO - Bloomberg (Aug. 27)

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