Papa John's blames Papa John for big sales decline

Papa John's said same-store sales in North America fell 6.1% in the three months ending in July because of controversy surrounding founder John Schnatter's use of a racial slur.

"Results have been challenged by recent events," Steve Ritchie, president and CEO of Papa John's, said in a statement on Tuesday. "Our entire leadership team understands the importance of getting our culture and business improvements right."

Shares fell nearly 9% after hours on Tuesday.

The company said that July sales...

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