While the commissaries helped to improve quality control and efficiency by providing each individual franchise with the same products, they also facilitated the growth of the company by lowering start-up costs.
In June 1993, Papa John's went public with an initial offering of 1.
Sales for the quarter reached a record, according to a statement from Chief Executive Rob Lynch.
The offering is expected to close on October 19, 2021, subject to customary closing conditions.
Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.
Schnatter resigned as chairman of the board on the day the incident was reported.