Papa John's gives upbeat full-year forecast after rocky 2018, shares rise

(Reuters) - Papa John's International Inc forecast better-than-feared North American same-store sales on Tuesday, as the U.S. pizza chain's investments on rebranding following its months-long spat with founder John Schnatter pay off. Shares were up about 3 percent in extended trading, after the company also said it would use about half of a $200 million investment from Starboard Value LP to boost its marketing, introduce new pizzas and improve online ordering

from Latest News Business on Firstpost https://ift.tt/2EqWwRB