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Papa John's has one huge opportunity for growth

Papa John's has one huge opportunity for growth
Stock Market1 min read

papa john's John Schnatter

Reuters

John Schnatter, founder and CEO of Papa John's Pizza.

Papa John's is planning a huge international expansion.

The pizza chain will open 220 to 250 new locations in 2015, according to a recent investor presentation. Most of the expansion will be international.

Countries like Brazil, France, Germany, Australia, and South Africa provide huge opportunities for growth, according to the company.

American fast food chains including KFC and McDonald's are enjoying popularity overseas.

papa john's international units

Papa John's


Business at Papa John's is thriving.

Sales rose 6.5% in the first quarter.

"A combination of service, quality and technology are all contributing to strong sales of late," Nation's Restaurant News writes.

papa john's international units

Papa John's

Many of Papa John's growth opportunities are overseas.

Technology is also helping brands like Pizza Hut, Domino's, and Papa John's take market share from other restaurant brands.

Papa John's says that more than half of orders now come through digital channels.

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