Analyst Upgrades Papa John's Because Growing Civil Unrest Means More Pizza Deliveries

Thanks to the Great Divider!

[link to finance.yahoo.com]


Less than 50%

"After speaking with several large operators and industry contacts, we believe the recent decline in casual dining restaurant segment fundamentals—traffic down 3-5 percent the past several weeks—may be the result of consumers eating more at home amid the current political/social backdrop, which we believe could last through the November election," he writes. "We do not believe the consumer has 'entrenched,' but has likely shifted more in favor of convenience, benefiting pizza delivery operators like Papa John's."