Papa John's blames kneeling National Football League players on slumping sales

03 November, 2017, 01:11 | Author: Anita Tucker
  • Markets Insider

On Thursday, Pizza Hut countered Papa John's claim and wanted to let everyone know that their business hasn't been hurt by Yum Brands' relationship with the NFL.

Pizza Hut executives say that controversy surrounding NFL players' protest during the national anthem haven't impacted sales.

"The NFL has hurt us and, more importantly, by not resolving the current debacle to the player and owner's satisfaction, NFL leadership has hurt's Papa John's", Schnatter told CNBC.

At a league meeting last month, Goodell and the NFL owners opted not to force players to stand during the Anthem.

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Papa John's stocks dipped about 12 percent Wednesday after the Louisville-based company cut earnings and sale growth expectations for the year. So it's a little unusual that Papa John's is blaming these protests for fallen pizza sales. But instead of commenting on whether to take a knee, he said the situation is hurting pizza sales.

The pizza brand, which has advertising deals with not only the league but 23 individual teams, is trimming its revenue and profit forecasts for the year amid NFL players kneeling for the national anthem to protest police brutality and racial inequity.

Goodell, added Schnatter, should have "nipped" the protests in the bud last season. He indicated the company would be cutting spending on National Football League advertisements.

Papa John is in the bathroom bugggin'!

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Now, as questions begin swirling about whether the NFL-induced slump is something Papa John's can pull out of, whether it even really exists, and whether Dallas Cowboys owner Jerry Jones was somehow behind what Schnatter unleashed, the idea that leadership starts at the top is a sound reminder indeed.

Digiorno pizza official Twitter account took to Twitter and posted a series of tweets, trolling the hell out of Papa John for complaining.

The NFL declined to comment on Schnatter's comments and sponsors' pressure to end the protests.

Yum Brands is the parent company of Pizza Hut, KFC and Taco Bell.

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Creed said that Pizza Hut does benefit from live sporting events, including baseball, college football, and the NFL.

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