"As you know, recent weeks have been challenging", President and CEO Steve Ritchie said as he kicked off the call, in what might be the corporate understatement of the year.
The pizza giant, Papa John's, hit an extremely rough patch after the PR nightmare caused by its founder John Schnatter.
And it hired Nimbus in June as its first multicultural agency, Papa John's said Tuesday.
North America comparable sales were down by 6.1 percent for the quarter that ended on July 1, before the tumultuous month that saw founder John Schnatter step down as chairman of the board, followed by the board distancing the brand from him. The sales decline became even steeper after Schnatter's use of the n-word and other racial slurs on a May conference call in May with Laundry Service, the chain's creative agency at the time, came out in a July 11 Forbes article.
"Clearly it's a hard time for the Papa John's brand, but there is a way forward", he said. Executives attributed the decline to "recent events" and reiterated that they are reviewing the company's culture. And Schnatter, who remains its largest shareholder, even issued his own financial chart.
Reiterating previous comments, Ritchie said in the earnings release: "We have also begun an external audit of Papa John's culture and will address any improvements that are recommended at its conclusion".
"The research and analysis we conducted after comments by our founder in November of 2017 have made it clear that we needed to move away from a founder-centric marketing plan", Ritchie said. Meanwhile, Domino's Pizza has seen sales increase. "Instead of addressing the real and fundamental issues confronting the Company since that time period, and taking actions to turn sales around, the Company is trying to deflect attention from the source of the problem - management's ongoing failures with regard to financial performance - and blame me for its problems".
"We are not dependent, nor should we be, on one person", Ritchie said.
"I couldn't be more excited than I ever have been in my 22 years with the Papa John's brand to flip the switch and look forward (and) not be distracted by the words and comments of one individual", Ritchie said. Pizza Hut replaced Papa John's as the NFL's official pizza sponsor last February.
Papa John's has banned Schnatter from all media appearances and enacted a "poison pill" measure to prevent Schnatter from acquiring a controlling stake in the company.
Papa John's shares are down more than 20% so far this year.
Comcast is still locked in a bidding war with Fox for control of Sky, the United Kingdom satellite TV distributor. Total revenue rose 7 percent to $15.23 billion, but missed analysts' average forecast of $15.34 billion.
Remember the Storm Team 12 app can always bring you the latest weather alerts for your location as well as Titan Radar. After a stretch where we couldn't buy a drop of rain, we can't rule it out in any of the next seven days.
Sanders came to the state last month to campaign for Thompson, who faced a primary challenge but won easily. Republicans are scrambling to avoid an embarrassing defeat in a seat that the party has held for decades.
Johnson wrote the comments after the first person had been fined for wearing a full-face veil in public in Denmark. Boris Johnson has been told to apologise for comments about burqa-wearing women (Victoria Jones/PA Wire).
Liverpool completed their preparations for the new Premier League campaign with a 3-1 win over Torino at Anfield this evening. It was Sturridge who rounded off the scoring, steering in a header from Shaqiri's neat chipped cross late in the match.
The film was initially set to be released on June 28, 2019, but Universal reportedly wasn't eager to rush to meet a release date. Cowboy Ninja Viking may still get underway before the end of the year, but it's unlikely that we'll the movie anytime next year.
The England global completed his £4million move from Manchester City on Tuesday and is impressed with the club he has joined. Hart, who has won 75 England caps, made almost 350 appearances for City, winning two Premier League titles and one FA Cup.
News: 'Brad will be filming in L.A. for the summer and wants to see the kids on his regular custody schedule'. Angelina Jolie at the Toronto International Film Festival (TIFF) in Toronto, Canada, September 10, 2017.
The full lists of products being considered for 5%, 10%, 20% and 25% retaliatory tariffs can be found here (in Chinese). The Trump administration is weighing an additional round of tariffs on $200 billion of Chinese goods.
According to Movies Anywhere, since its launch nine months ago, consumers have stored more than 135 million movies on the app. Movies Anywhere movies will show up within Microsoft's Movies & TV apps, even if they were bought on competing platforms.
Oil rises as US sanctions on Iran stir supply worries
Markets also anticipated an announcement from Washington later on Monday on renewed USA sanctions against major oil exporter Iran. But new data released on Monday showed Saudi Arabia's oil production fell in July by 200,000 bpd from the month earlier.
Sized Hail Injures Zoo Visitors, Kills 3 Zoo Animals
Besides those taken to the hospital, another nine people were treated at the scene, the Colorado Springs Fire Department said. The zoo will be closed on Tuesday so employees can take care of injured animals and fix broken windows and skylights.
De Minaur sets up final with Zverev
It is the first time four players of that age have reached the semi-finals of an ATP World Tour event since Buenos Aires in 1995. Important results: Washington Open: Quarterfinals Men: Stefanos Tsitsipas bt David Goffin 6-3, 6-4; Alex de Minaur w/o.
Dead fetus found on plane at LaGuardia Airport
One of the attendants noticed a large amount of toilet paper in one of the plane's lavatory toilets. Like the airline, LaGuardia Airport addressed the incident but without mentioning the fetus.
Video captures shark leaping from water near Cape Cod
The Boston Globe identified the man who was just inches from the shark's mouth as a MA state biologist named Greg Skomal. A biologist attempting to observe a great white shark ended up getting a little too close for comfort.
Ruby Rose to play Batwoman for The CW's Arrowverse
On TV, Batwoman first appeared in animated series Batman: The Brave and the Bold, which premiered on Cartoon Network in 2008. If you haven't seen Rose in anything she's usually playing a badass of some sort because she is a badass of some sort.