With new management in place at Papa John’s (PZZA), Hedgeye’s veteran Restaurants analyst Howard Penney explains in the clip above that three fixes will go a long way towards restoring the pizza chain and its share price.
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“If you think about the simple things an analyst could point to, it’s carry-out, value and advertising,” Penney explains. “If they can get one, or all three of those going in the right direction with the new management team, comps are not going to be down 8% or 7%, they’re going to be up one or two.” |
Watch the full clip above for more.
