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Author Topic: Papa Johns to raise pizza prices if Obamacare survives  (Read 563 times)
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« on: August 09, 2012, 05:40:07 AM »

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.”,0,3420509.story


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« 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.

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

Totally OK with this.
Gaming Trend Senior Member

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SPICE! Nomnomnomnom

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

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

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« 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!

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

Meh, their pizza sucks anyways.

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