Today’s company is growing as it sells the comfort food that folks crave…
Regular readers know that companies that sell “addictive” products like video games or fast food keep their customers coming back for more. Folks can’t get enough… And they’ll keep buying these products over and over, in good times or bad. Today’s company sells all the pizza anyone could want…
Papa John’s (PZZA) is a $5 billion pizza chain. It has more than 5,000 locations in 45 countries and territories worldwide.
In addition, Papa John’s recently announced the limited return of its Shaq-a-Roni pizza – a fan-favorite partnered with former basketball player Shaquille O’Neal as part of a charity campaign… And that’s only one example of how this company harnesses the power of its customers’ cravings. Papa John’s recently posted its eighth consecutive quarter of growth, with total sales up 12% year over year.
As you can see, PZZA shares are in a strong uptrend. They’re up more than 200% over the past three years, including dividends, and recently hit a new all-time high. As folks keep turning to this company for their pizza fix, that trend should continue…
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Source: Daily Wealth’s Market Notes