http://gamingtrend.com
November 23, 2014, 05:45:35 PM *
Welcome, Guest. Please login or register.

Login with username, password and session length
News:
 
   Home   Help Search Calendar Login Register  
Pages: [1]   Go Down
  Print  
Author Topic: Papa Johns to raise pizza prices if Obamacare survives  (Read 440 times)
0 Members and 1 Guest are viewing this topic.
corruptrelic
Gaming Trend Senior Member

Offline Offline

Posts: 3555


View Profile
« on: August 09, 2012, 05:40:07 AM »

Quote
Get ready to pay more for your Papa John’s pizza if "Obamacare" goes into full effect … a whopping 15 to 20 cents more.

John Schnatter, chief executive of the pizza chain, is bashing President Obama’s healthcare reform law as a policy that will force the company to choose between its customers and its investors.

And if the Patient Protection and Affordable Care Act rolls out as planned in 2014, Schnatter’s strategy is “of course … to pass that cost on the consumer in order to protect our shareholders’ best interest,” he said in a recent conference call.

Schnatter estimates that the legislation will cost Papa John’s about 11 cents to 14 cents per pizza, which equates to 15 cents to 20 cents per order. An average delivery charge runs $1.75 to $2.50.

“We're not supportive of Obamacare like most businesses in our industry but our business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare,” Schnatter said. “Ergo, we have a high ticket average with extremely high frequency of order counts, millions of pizzas per year.”

http://www.latimes.com/business/money/la-fi-mo-papa-johns-pizza-obamacare-20120808,0,3420509.story

 eek
Logged

"A gladiator does not fear death. He embraces it. Caresses it. Fucks it. Every time he enters the arena, he slides his cock into the mouth of the beast."
Ironrod
Gaming Trend Senior Member

Offline Offline

Posts: 3411



View Profile WWW
« Reply #1 on: August 09, 2012, 03:14:10 PM »

Oh no! Fast food will cost fractionally more if the company's workers gain access to health care? The American Dream is dead.
Logged

Curio City Online - Weird stuff you can buy
Curious Business - The Curio City Blog
gellar
Gaming Trend Senior Member

Offline Offline

Posts: 9009


I'm a dolphin!


View Profile
« Reply #2 on: August 09, 2012, 03:59:18 PM »

Totally OK with this.
Logged
raydude
Gaming Trend Senior Member

Offline Offline

Posts: 1509


SPICE! Nomnomnomnom


View Profile
« Reply #3 on: August 09, 2012, 05:04:32 PM »

I can think of at least one person who's not okay with this.
Logged

A Pew Research Center poll found nearly half of Americans hold the false belief that TARP was passed under President Obama, while only 34 percent know it originated under Bush.
"Oh yeah?" Bush replied. "50% of the people were wrong."
hepcat
Gaming Trend Senior Member

Offline Offline

Posts: 9297


I'M the one that knocks! Now...burp me!


View Profile
« Reply #4 on: August 09, 2012, 07:37:52 PM »

So i'm going to go from paying 9.99 for their weekend special to 10.20 at most?  AND that helps to lower the chances that one of the folks cooking my pizza coughs up a disease on my pie?

I'm in!
Logged

Warning:  You will see my penis. -Brian

Just remember: once a user figures out gluten noting them they're allowed to make fun of you. - Ceekay speaking in tongues.
Gratch
Gaming Trend Senior Member

Offline Offline

Posts: 12555


GO UTES!!


View Profile
« Reply #5 on: August 09, 2012, 08:57:50 PM »

Meh, their pizza sucks anyways.
Logged

Pages: [1]   Go Up
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2013, Simple Machines
Valid XHTML 1.0! Valid CSS!
Page created in 0.082 seconds with 35 queries. (Pretty URLs adds 0.014s, 2q)