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Papa Johon's Financial Statement

476 Words2 Pages

The “PAPA JOHN’S” was founded in 1983 by John Schnatter in Jeffersonville Indiana, at the backyard of his father’s tavern. In order to start up his company he sold his car for $ 1,600. With this money he bought pizza equipment and began selling pizzas firstly to the customers of the family tavern. His pizza became very famous and one year later he moved at his own shop. According to the financial records as for 2015, his company is the third bigger pizza restaurant (take - out and delivery) in the world. The headquarters are still in the same town that he started. “PAPA JOHN’S” has, up to now, 4.700 restaurants all over the world. From these restaurants 3.500 are located in the U.S and 1.200 restaurants are located in 37 different countries. When they opened their restaurant number 4.000 in New York they celebrated by giving for free 4.000 pizza’s to their customers. The purpose of this assignment is to analyze the latest financial statement of “PAPA JOHN’S” pizza. The financial statements referred to the fiscal years 2013 and 2014. We will compare their incomes, costs, expenses and shares in order to identify their positive or negative progress throughout this period. In order this …show more content…

They have very good potentials for growth in the restaurant industry in the future. Nevertheless, after the comparison of their annual financial reports for the years 2013 and 2014 we can assume that “DOMINO’S PIZZA” comes up with better results. After the comparison of shares it comes clear that it would be more reliable for an investor to put his money in “DOMINO’S PIZZA” but at the same time to keep an eye in “PAPA JOHN’S” because its development is based on digital ordering that will be the future for all

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