Even pizza prices are headed higher amid elevated inflation.
Papa John’s said this week that the company increased prices 7% in the first quarter to help offset inflationary pressures. Despite the price increase, Papa John’s still saw North America same-store sales gain 1.9%.
“We have got great demand for our products [and] positive comparable sales in the first quarter despite the most challenging operating environment we have ever seen,” said Papa John’s CEO Rob Lynch on Yahoo Finance Live…
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