Papa John’s CEO Denies Pizza Recipe Has Changed
In what has been called a “wild” interview on Twitter, Papa John’s founder John Schnatter had recently alleged that the company he has been ousted from has changed the pizza recipe.
In response to these claims, Papa John’s CEO Rob Lynch said on Wednesday on CNBC’s “Squawk on the Street” that, “We haven’t made any changes to the way we make it or what goes into our products.”
Schnatter had said he had eaten the piza over 40 times in 30 days during the interview.
“I’ve had over 40 pizzas in the last 30 days, and it’s not the same pizza, it’s not the same product,” Schnatter said in an interview with Fox affiliate WDRB in Louisville, Kentucky.
“We don’t really focus on that. Mr. Schnatter is entitled to his opinion. We’re focused on doing the things that are going to move the business forward,” Lynch also said.
Schnatter was ousted last summer while Lynch came on as CEO this past August.
Shares of Papa John’s are up 51% this year so far.
Disclaimer: We have no position in Papa John’s Int’l, Inc. (NASDAQ: PZZA) and have not been compensated for this article.