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FBN’s Jeff Flock with Papa John’s CEO John Schnatter on the growth his business is seeing and his secrets to success.
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40% of last year so what's -- on the ground.
Jeff Flock is at the -- -- Johns headquarters in the Louisville special guest Jeff.
Here's what I think is fueling the growth.
This guy right here because of all the big change he's the only guy whose name is on the door and Josh daughter is the CEO and founder Papa John's.
-- you seem to just.
You know your stock is is -- and everybody how how is this possible well for -- However about him -- thanks for having.
But.
You don't nominal had a good run -- had a -- ground wherever you can run and the novels as having to run some boxes at a great tear through your euros or not that we're not -- -- well I understand let's take a look at the numbers put him up there is if you invested one year ago in dull.
In pizza stocks the top three you would have -- 26%.
And if you look in the last year among your top three competitors you.
The dominoes and Yum! Brands -- which is of course Pizza Hut.
You were the top.
Stock of all why are people so interest in -- stock.
Well again -- look at the business that way if you invested.
-- -- investment apologized to 16100 dollars.
Today today that sort debate into it so that's -- that that's out look at things over 27 year period that.
You know we we we have a plan.
We we we are consistent.
We know our plan and we don't deviate from that we.
We know where we've -- we know or at we know where we're going and we know exactly how we're gonna get there -- -- -- wanna go right now and that is into the lab because.
-- -- that this keys Tracy -- this is they take pizza very seriously here this is a lab.
That it will you tell me John what are they doing in here one of these people -- well we invent the flavors in the recipes in the specialty pizzas next door.
We taste death there for subjectivity do we like it in -- most people have rocks for taste buds.
We like to taste things we we think there's a difference between good wind and -- wine and good pizza and bed pizza.
And as a farmer friend says -- Modesto it's the food stupid it's all about the -- itself.
We are subjected out there were taste and then we measure the proteins and the moisture in the -- enough.
Molecules and here to make sure -- science and analytics back up wait while we slower pace in the I want to show the test kitchen for a -- for we get away as I do that -- wanna talk about.
Growth because that's one thing to try to stocks growth.
Is the possibility overseas you are now in 33 countries.
And maybe we'll leave you with a shot of the pizza as you give me your sense of where you're going growth watch international.
Well worth 32 countries.
Wolf then total international -- about 282 stores this year were right on pace to do that.
But again we were consistent continuity we will we like -- earnings.
You know income.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Growth -- EPS and let me tell you what that the word is compound.
You know if you do fifteen -- 20% enough years in a row you gotta get situation we're not we're not gonna spike up one year go back there just were going to be steady Eddie.
-- we wanna come back next -- when you come back we next -- excellent we had to go right now but Tracy fascinating to be here fascinating to see a true entrepreneur.
And his success -- -- great.
