Corporate Pizza Greed: Papa John`s Style [Pic]

Submitted by: fancylad 4 years ago

A breakdown of Papa John"s income and where they spread their profits around. Basically, free pie or employee benefits?
There are 71 comments:
Male 10,845
[quote] i`m sorry but i don`t follow your extention of my comparision, perhaps if you showed me the tealeaves you threw i might be able to see the pattern?[/quote]

Keynesianism is a school of economics. But please feel free to move the goalposts further.
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Male 7,364
DFWBrysco-"Used to be, the "ideal, successful" business model was a balance between profits, expense and employee morale"

Um, no, that`s never been true of even a majority of businesses.


You`re `good old used-to-be days` are only in your imagination.
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Male 307
I`ve said it before - this is just yet another sad example of the degredation of the values and morals of industry of the US.

Used to be, the "ideal, successful" business model was a balance between profits, expense and employee morale" - that balance has now shifted and put profits ahead of all. Employees are now treated as a debit on a balance-sheet, instead of the valuable asset they actually are.

Obamacare is simply trying to reset that balance by putting employees back towards the front of the bus.. but business are treating it like anathema. It`s a shame, really but that is the state of the world today.

[puts soapbox away]
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Male 307
The general public will respond by either completely walking away from the high prices (other than an "elitist" few that don`t consider price an issue), or they`ll pay it. A good example is looking at Apple Computer products - way overpriced for the market considering their capabilities and limitations, but they will always have their fanboyz and worshippers, while the majority of people ignore them.

I think that the upsetting part is the fact that his solution is *BOTH* - raising prices and cutting hours. It doesn`t make a lot of sense... if he is going to cut hours to below 30 for all front-line types of employees, then I don`t understand the raise of the price; after all, following a typical restaurant business model, the management/employee ratio is approximately 6%/93% with a +/- 1% (2011 standards); I can`t imagine he has so much management that it would cost all of those millions of dollars just for management.

[and next again, if you are still readin
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Male 307
So... where to wade in and begin in this mess? I have a feeling it`ll be a multi-parter...

First of all - this (and all analyses) at this point are bull$hit - impact of Obamacare at this point cannot be properly assessed because there are too many variables that require assumptions; those assumptions are always slated toward way high (and thus skews resulting projections) because Finance groups like to be on the "safe side" and not pi$$ off the boss if they are wrong on the low side. Further, we don`t know if the figures are PTP, EBIT, EBITDA or what - there are too many mitigating solutions used in Cash Flow Statements in Finance to state where these figures came from definitively without more information.

Beyond that, diving into the second issue here, I don`t think anyone is truly upset about him raising his prices to cover this amount. hell, it`s his company and he can raise his prices to anything he wants, for no reason whatsoever. [okay, see next part]
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Male 7,364
VirtualParty-"Merely that he is proven to be a greedy man"

Sorry, that is your `opinion`, not fact. It has no been so proven.

VirtualParty-"who would rather do a promotion for his business"

And the purpose of ANY promotion is to increase sales and business (you know, the PURPOSE of any business), with a result of hiring more people and paying more paychecks.

VirtualParty-"Simple fact. Fact."

Not fact, `opinion`. The only thing simple in this conversation is you.
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Male 5,811
Nerd_Rage: "Christ almighty. THIS IS AMERICA. CAPITALISM. ACCEPT IT OR MOVE TO CANADA OR FRANCE OR SOMEWHERE."
Because France and Canada don`t have capitalism. What a maroon.
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Male 2,085
If you are so damned worried about it, start your company for the sole purpose of providing jobs and health care and see how far you get.
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Male 787
No apologies needed. It`s only the internet after all. Ya gotta play hardball.
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Male 2,418
I apologize profusly for going on a rant, but i believe deep down every human has a good side, and i don`t want to kick your skull in, i want to see the good side of you, and i`m selfish enough to say that that makes my live worth living. those little moments of a smile, a kind gesture, or whatever it is that brings joy to your life. and i`m sick and tired of people blaming others for their poo, why is it so hard to say. Hey we share common intrests lets call it; live, liberty and the pursuit of happiness. and i would like nothing better for someone or some people to show me a way that we could make that happen. and thats not going to happen if we keep going the way we are going as a species. and i refuse to believe that i`m the only one with those feelings.
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Male 2,418
and the beauty is, you don`t even have to call socialism or communisim or whatever ism you wan`t to hide behind, it`s common bussenis sense, the valua of your hous goes up if it`s in a nice neighbourhood, and down if it`s in a pooty one. OMG you mean investment in people means higher profit? who would have thought that? bet they didn`t teach that at bussenis and economic "courses"
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Male 2,418
and before you call me arrogant, or tell me i don`t have the right to tell you what to do with your "property" and your "money" let me remind you that this society kinda functions becuase of laws we choose to abide by because they serve common needs.
if those laws fail to meet my needs, i will revert back to my survival instinct, and i will not hesitate to kick your skull in i`m dying of hunger. You can act all tough and say that`ll never happen, but it will. a man with nothing to lose is the most dangerous man of all, so if you valua that relative safety of yours, and that property you own, and you`d like to keep it that way, maybe it`s time you come up with a way to make sure we still have a free market, but a bunch of happy neighbours to, it makes it a much nicer and safer neighbourhood to live in.
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Male 2,418
@OldOllie

You know it wouldn`t work for one simple reason: greed on the side of the consumer. if they can buy a shirt made in the USA with worker benefits factured in to the cost at $10 or a shirt from china made in a sweatshop for $5 they would go for the $5, that is an inherent trade of human nature and we havent evolved enough yet to take care of ourselves, we need a mommy to tell us not to stick our finger in the lightsocket when we start exploring, a daddy to tell us to eat our vegetables, and stay of the candy. an uncle to show us that you shouldn`t play with guns till you know how not to kill yourself. And yeah i bet that anoys the hell out of you, that you simply arn`t capable of doing it on your own, that you need other people, that pretty soon you`ll be back in diapers again and you`ll need someone to shove a spoonfull of food down your throat again. Go on, mommy told you to share didn`t she?
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Male 787
I never said he was doing badly only that your argument has no footing (because it doesn`t). I never implied that I could run a pizza business let alone cook a pizza and to act as though that is an ultimatum against my position is blind because I never implied anything to the contrary to begin with. Such an argument you made is akin to arguing with a point that was never made. Blind.

Merely that he is proven to be a greedy man, who would rather do a promotion for his business than keep his workers safe. Simple fact. Fact. He said so himself that is what he prefers.

My success comes from my computer science degree and my work in that field. I can make a decent living without having to run my own company. (though I have made some plans for the future)

Oh, and continue to get mad for no reason whilst proving nothing to contradict me. It fills me with giddy joy.
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Male 2,418
@Cajun247 i`m sorry but i don`t follow your extention of my comparision, perhaps if you showed me the tealeaves you threw i might be able to see the pattern?

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Male 15,832
Fine, VP. Let`s see YOUR pizza business. If he`s doing it so badly, why aren`t you out there doing it better? What? I can`t hear you. I didn`t think so, f***tard.
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Male 1,059
Federal govt. revenue 2011: $2.3 Trillion = GREED
Federal govt. expenditures 2011: $3.6 Trillion = GREED
Total federal debt: $16.25 Trillion = GREED
Obamacare = Orwellian Statist GREED

Drawing up the ordinance of secession now...
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Male 787
Megrendel I don`t know if you`ll even see this but the facts are still in there and people are allowed to draw their own conclusions based on evidence provided. It only provides the logical path of reasoning, nothing radically differentiated from aforementioned facts.
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Male 787
No shellworth did not nail it. Not at all. His figures are an obscene exaggeration about how truly insignificant it is for Papa John to be able to provide care for his full time employees. Miniscule even, yet he put`s up a big bitch fit about it because he sees it as just more regulation. Tough luck buddy, the buck stops here. If you can give out that many free pizzas maybe you can invest in something that`ll actually show some economic returns like the health of your employees.

Typical Ollie to jump to conclusions, scratch that, ad hominem attacks based on his prejudices. Why defend this man at all? He has proven to the educated public the kind of person he is and no sane people approve.

He may have come from scratch but he lost touch with his roots(or did he ever have any? He may have been rich by other means beforehand. I don`t know enough about him personally. not that it detracts from my valid points made. )
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Male 15,832
Shelworth nailed it. If all you stupid liberal f***tards think he`s making too much profit and paying his employees too little, pool your own damned money and go into competition against him. If you`re right, you should be able to hire all his best, most experienced employees away from him with your generous living wages and benefits, and you should be able take all his customers with better quality and lower prices since you all know how to make better pizza than he does, and you won`t be taking nearly as much evil profit.

Well, go ahead. If it`s so easy, let`s see you do it. I`m waiting...
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Male 440
Why don`t some of you libs start your own pizza place, pay your employees 30 bucks an hour with full benefits, then see how many customers you have buying your 125 dollar pizzas.
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Male 363
Employees that go to work and expect a paycheck - greed. I really don`t understand the hatred people have of the rich. Without him, these people would not have jobs. So what if he wants to make his money. I guarantee all you Liberal losers would be doing the same thing.
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Male 676
People don`t start businesses to LOSE money...
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Male 17,512
Did we really need 4 separate posts about this?

I think we got the message the first time, now it`s overkill.
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Male 425
Christ almighty. THIS IS AMERICA. CAPITALISM. ACCEPT IT OR MOVE TO CANADA OR FRANCE OR SOMEWHERE.
when will you entitled bigots realise that you are only in the position you are because YOU WANT TO BE. want more money? GO GET IT.
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Male 2,436
Jesus f.ucking Christ people! If this upsets you then don`t buy his goddamn pizza!
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Male 2,988
You forgot to add: E. Company that wants to make profits? GREED
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Male 770
you know;
contrary to popular belief, corporations exist To Make Money, not to give people jobs and health care.
and as long as they are successful if that endeavor they will treat their employees well. But when you take away their money and cut into their profit margin they will shut tight to protect evey red cent. It is their nature
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Male 2,841
He doesn`t give me free sh*t? GREEDY BASTARD SHAME SHAME SHAME
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Male 17
Confusing infographic is confusing.
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Male 1,243
*ding!*

The love for money destroys nations, but it usually destroys people first.

BTW.. wouldn`t it have been more fitting to have a pie chart for this?
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Male 820
but the garlic bread sticks are soooo good!
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Male 579
And... who appointed you ruler of what another business owner does or doe snot with his or her own money?!! I say, "screw you"! Papajohn`s doesn`t come into your personal finances and tell you what decision to make, do they? He has every right to make the best decisions he can for his company and you high and mighty lefty`s are correct then he goes under and if not then he made the right decision. If you lefties are so great then you go run a business and deal with how to reinvest profits with an additional 8 million cut out. Oh wait, you want the government to do everything so nvm.
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Male 10,845
[quote]By that _LOGIC_ economist are full of hot air and deserved to be shot on sight.[/quote]

Thus, by extension, so are Keynesians.

[quote]these people are destroying our society, our rights, our welfare and education[/quote]

Please stop it, your hyperbole`s giving me a headache.
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Male 543
papa john`s is gross
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Male 146
@lauriloo... If that is true explain the crucfixion of Mitt Romney for being wealthy by the left? Keep in mind the number of jobs he is responsible for creating and the tax revenue those jobs produce.
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Male 3,445
John Schnatter`s cost analysis was wrong. He said it would cost an additional 14 cents per pizza. I posted a link to a Forbes analysis earlier in this thread that said it`s closer to 4 or 5 cents a pizza.
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Male 2,418
and don`t tell me i don`t "understand" the complexity or whatever excuse you come up with. it isn`t brainsurgery and it isn`t rocketscience, and yeah those people actualy manage to diagnose, solve problems, construct/operate something that works/heals.

I think free market is a wonderfull idea, suplly and demand. simple. but you only have to take a look at the current economic situation around the world to realize that somewhere, somehow, something isn`t working. and i iant heard nobody come up, agree on, build a solution. economist, i`ll go and buy a bag of fortune cookies if you don`t mind.
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Male 2,418
"Seriously, why are Economics and Business courses not required?"

Because horoscope and tea leaf reading are not required courses either. If economics were a science how come none of the "big guy`s" can agree on a single solution? i`m sorry but if three doctors couldn`t agree on a diagnosis and treatment i`d say we`d need better medical staff.
By that _LOGIC_ economist are full of hot air and deserved to be shot on sight. Don`t pretend you don`t know what i`m talking about, these people are destroying our society, our rights, our welfare and education. and you still assume the position, I hope you enjoy getting shafted.
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Male 7,364
Gerry1of1-"Because the cost of business is calculated into the price of the product."

Now Gerry, don`t start confusing them with complicated concepts. They `know` the price of product is what it is, and that taxes, labor, infrastructure and raw-material costs have absoluty nothing to do with price.

They just `know` that everything would be dirt cheap if it weren`t run by a bunch of profiteering gluttons.
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Female 280
They already charge you $4 to deliver it, so what`s the big f***ing deal? Increase the price of the pizza by ffifty cents instead of fifteen and he can make even more money and no one will even notice...
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Male 37,913

"Why would you pass the costy off to consumers?"

Because the cost of business is calculated into the price of the product.

DUH!
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Male 3,578
thay should go work at wallmart instead
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Male 439
What is the point of this? Anytime a business incurs a new expense, they pass it along to the consumer. Every time. Obamacare is a new expense, customers will pay for it. End of story.

Why do people think OTHER people should accept less money so that THEY don`t have to pay more? Greed.
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Female 1,803
"Please one of you libs explain to me when did being successful become a bad or evil thing? "

It`s never been a bad thing to be successful. EVERYONE wants to be successful. Putting a small portion your profits ahead of your employees is the evil thing. He could easily get any extra healthcare costs out of the big bonuses PJ pays executives every year and no one would hurt one bit. Or add the damn 5-10 cents to every pizza and shut the hell up. How many times have they raised the cost of pizza because of "fuel costs" and never backed the price down when fuel costs went back down?
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Male 51
It`s misleading to give the net income as an absolute number. Sure 55 million sounds like a lot, but the size of the return only means something if you compare it to the size of the investment.
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Male 146
I see this does not mention the $1 million he donated to the Sandy victims nor does it say anything about his long standing support and donations to make a wish foundation. I am sure he donates more to charity in a year than most IAB`ers will make in a life time. Please one of you libs explain to me when did being successful become a bad or evil thing? And please keep in mind they are making pizza`s not rocket engines for christ sake. Do any of you actually have any idea what health insurane cost per month for an employee and family? And i dont care what you have been told but it is only going up BECAUSE of Obama care.
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Male 7,364
VirtualParty-"For your age you know little."

For your age, you obviously do not know what quotation marks mean.

VirtualParty-"Facts that don`t agree " & "Facts and figures aren`t class warfare."

You keep using that work, I don`t think it means what you think it means.

Let me make it simple for you:


In this case, `opinion` is an attempt to foster class warfare.

Arcval-"It`s as basic a right as free speech."

Nope, sorry, that is incorrect.
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Male 143
Greed?? Um, yea if by greed you mean retaining earnings for future projects and capital, or paying out dividends to your stockholders. Seriously, why are Economics and Business courses not required?
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Male 169
Like a dragon hoarding their gold... nothing to do with it but look at it.
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Male 1,399
Sorry, no. You got Obamacare now; people are on their parents` plans until 26 YEARS OF AGE.

If you`re still working pizza by the hour at 26 (I weep for the future) then buy it from the magic Obamacare Health Insurance Exchange in your state.

If you`re too poor for THAT, then get on Medicaid.

SUCK IT, lefties. You asked for it, you got it. You lost any moral high ground you THOUGHT you had on November 6th.
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Male 33
Health care is not a right actually if you check the Bill of Rights. It costs money and you can`t make people do stuff for free usually.
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Female 7,838
Arcval- this is the US- they actually do not think health is a right. Pursuit of it- but not to actually have it. Only those who have the cash actually get `The American Dream` - which is why they refer to it as a dream...
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Male 787
Lauriloo for the win.
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Female 1,803
"The minimum wage employees, putting pepperoni on the dough, should already have insurance from their parents."

They are probably part-timers and PJ isn`t required to provide health insurance to them. We are talking managers and corporate employees here. You know, people who normally expect to get healthcare through their employers as part of their compensation package.
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Male 787
Or you could just choose to dismiss anything that makes you uncomfortable like always.
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Male 787
Facts and figures aren`t class warfare. This is highlighting the hypocrisy of an individual. Not a group.
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Male 303
Since when is healthcare a "benefit"? It`s as basic a right as free speech.
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Male 17,512
More class warfare BS.
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Male 820
Wow, the site`s really taking a hate to Papa Johns recently. Get back to the funny stuff.
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Male 2,578
Yeah, this is entering creepy class war territory, random people who think they are "fighting for the poor" telling other people how to spend their money. It`s all quite Authoritarian, I hope you know.

Let me tell you, 55 million out of 1.2 billion in revenue is NOT AN EXCEPTIONAL PROFIT. It`s smaller than a 5% profit, that`s not this amazing, stellar profit performance. Do you understand that a profit like that can easily be erased?


And then the other fallacy I hear here is the NFL football pizzas listed as an expense along with healthcare. Not really, it`s called advertisement. Everyone does it, and companies spend a lot of money on it. You armchair philosophers might think it`s all unnecessary, but it absolutely is. You recoup the amount you spend on advertisement and these "loss leaders" (look that up, if you must) and it ultimately helps your business.
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Male 787
Facts that don`t agree with your narrow purview are still facts. Not propaganda.
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Male 787
Greed and envy are both ugly. For your age you know little.
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Male 2,424
And so begins the war on business.

Guess you propagandists better get to work on a graphic for Dennies next.
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Male 3,285
Repost
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Male 7,364
"Greed, for lack of a better word, is good."

And envy is ugly.
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Male 1,511

The minimum wage employees, putting pepperoni on the dough, should already have insurance from their parents.
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Female 9,403
Papa John`s pizza sucks anyway.
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Male 3,445
Forbes did an analysis on how much more Papa John`s would have to charge per pizza to cover their employee`s health care. It turns out to be way less than John Schnatter says.

Link
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Male 3,578
thatks papa johns for all the free pizzas ant my free trip to the Caribbean!

do any minimum wage jobs have benefits?
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Male 19,887
Link: Corporate Pizza Greed: Papa John`s Style [Pic] [Rate Link] - A breakdown of Papa John`s income and where they spread their profits around. Basically, free pie or employee benefits?
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