Papa John’s International Suspends all Corporate Operations in Russia; Brand Providing Aid to Ukrainian Refugees through Nonprofit Partnership

Rhea-AI Summary

Papa John’s International announced the cessation of all operations in Russia, discontinuing operational, marketing, and business support for franchisees in the region. The company emphasized its commitment to humanitarian aid, channeling financial support and food donations to assist refugees in Eastern Europe through a partnership with World Central Kitchen. Notably, Papa John’s is not currently receiving royalties from Russian franchisees, as all restaurants are independently operated.

Positive

• Continued investment in humanitarian aid for refugees in Eastern Europe.
• Partnership with World Central Kitchen to support those in need.

Negative

• Suspended all corporate operations in Russia, impacting potential revenue.
• No current royalties from Russian franchises, indicating a loss of income.

• Brand will no longer provide operational, marketing or business support to the Russian market, which is owned and operated by independent franchisees
• Company will continue to invest in humanitarian aid

LOUISVILLE, Ky.--(BUSINESS WIRE)-- Papa John’s International, Inc. today issued the following statement:

Papa John’s stands with much of the globe in condemning aggression and violence. We hope for a peaceful resolution to the crisis in Ukraine, which today is hurting millions of innocent people, who are losing their homes, communities and people they love.

Papa John’s is committed to providing aid to those in the greatest need. We are actively supporting humanitarian efforts through financial contributions as well as by donating dry goods and ingredients to feed refugees in Eastern Europe through our partnership with World Central Kitchen.

Papa John’s has suspended all corporate operations in Russia. It has ceased all operational, marketing and business support to, and engagement with, the Russian market, where all restaurants are owned by independent franchisees, and a master franchisee who controls operations and provides all supplies and ingredients for the restaurants through a supply chain that it owns and operates.

Papa John’s International is not currently receiving any royalties from these franchised stores in Russia. Papa John’s International does not own or operate any restaurants in Russia.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220309005614/en/

Media:

Janelle Panebianco

Senior Director, External Communications

Papa John’s International

janelle_panebianco@papajohns.com

502-261-4115

Jeff Mathews

Gagnier Communications

PapaJohns@gagnierfc.com

646-569-5711

Source: Papa John’s International, Inc.

FAQ

What recent actions did Papa John’s take regarding its operations in Russia?

Papa John’s has suspended all corporate operations in Russia and ceased all support for franchisees in the region.

How is Papa John’s contributing to humanitarian efforts?

The company is providing financial contributions and donating food to support refugees in Eastern Europe through World Central Kitchen.

Is Papa John’s receiving royalties from Russia?

No, Papa John’s International is not currently receiving any royalties from its franchised stores in Russia.

What impact does the suspension of operations in Russia have on Papa John’s?

The suspension of operations can potentially impact Papa John’s revenue as they will no longer earn income from the franchisees in Russia.