Pizza Hut 'not seeing any impact' from National Football League protests on pizza sales

Papa John's says anthem protests are hurting deal with NFL

In his 2017 book "Papa: The Story of Papa John's Pizza", Schnatter argued that regulations are steering the USA away from the system of free enterprise he believes is crucial to the nation's success.

"The NFL has hurt us by not resolving the current debacle to the players' and owners' satisfaction", Schnatter, who serves as the pizza chain's chairman and chief executive officer, said on a conference call.

Wall Street reacted negatively to Papa John's latest set of results, with stock in the company plunging by almost nine percent on Wednesday.

On Wednesday, Schnatter said his company's association with the league has hurt his business, as the controversy surrounding players' national anthem protests drags on and NFL ratings fall.

"This should have been nipped in the bud a year and a half ago".

Former San Francisco 49ers quarterback Colin Kaepernick had started the national anthem kneeling movement a year ago to show his protest against black people by the police.

Arsene Wenger begs Gareth Southgate to recall Jack Wilshere to England squad
Wilshere's last England cap came as a substitute in the shock 2-1 defeat to Iceland at Euro 2016 which led to Roy Hodgson's departure as manager.

Like President Donald Trump, Cowboys owner Jerry Jones wants all players to stand for the anthem.

One thing is definite - Papa John's has a link to the NFL.

A leading sponsor of the National Football League attacked commissioner Roger Goodell on Wednesday for his handling of the national anthem controversy.

McDonald's Corp., for example, expects to expand delivery of its burgers, nuggets and fries from 5,000 of its almost 14,000 US locations by the end of the year. The brand saw growth of 1 percent, exceeding forecasts of a 0.7 percent decline in the third quarter. And KFC, which like Pizza Hut is owned by Yum Brands, hopes to double delivery sales at the fried chicken chain to $2 billion by 2020.

In North America, same-store sales grew 1 percent, falling short of analyst expectations of a 1.4 percent rise, according to Street Account.

"We believe the reason for the sales decline is more complicated than fewer people are watching National Football League games", analysts at Stifel said. However, others roasted the Papa John's founder for blaming players protesting racial inequality for poor sales, as opposed to acknowledging subpar pizza could have played a role.

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