
Papa John's
United States"Better Ingredients. Better Pizza."
About
Papa John's started in 1984 when John Schnatter knocked down a broom closet in his father's tavern in Jeffersonville, Indiana, and sold pizzas out of it. He had $1,600 to buy used equipment. That tiny operation grew into the fourth-largest pizza chain in the United States, with over 6,000 locations across 49 countries by 2024.
The company went public in 1993 under the ticker PZZA on NASDAQ. It built a vertically integrated supply chain, manufacturing fresh dough and distributing ingredients to franchisees. Its core promise, emblazoned on boxes for decades, is "Better Ingredients. Better Pizza." That slogan took a hit after Schnatter's 2018 departure, but the brand kept it. In 2020, the company dropped the apostrophe from its name, becoming Papa Johns, as part of a broader rebranding effort.
Papa John's operates primarily through franchising, with delivery and carry-out dominating. Dine-in is rare. The chain leans heavily on Leprino Foods for cheese, the same supplier that serves Domino's and Pizza Hut. Its target audience is fast-food eaters aged 18 to 44, especially families. Recent moves include a 2024 partnership with Google Cloud to integrate AI into ordering and operations.
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Frequently Asked Questions
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Company Info
- Founded
- October 2, 1984
- Founder
- John Schnatter
- CEO
- Todd Penegor
- Headquarters
- Louisville, Kentucky
- Industry
- Fast food, Pizza delivery
- Revenue
- 2059000000
- Employees
- 15000
- Stock Symbol
- PZZA
- Number of Locations
- 6,030 (2024)
- Annual Revenue
- $2.059 billion (2024)
Official Website
www.papajohns.com
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