Papa John’s sinks 10% on report Apollo withdrew its offer to take chain private

News Brief

Summary

Papa John’s stock fell 10% after Apollo Global withdrew its offer to take the company private. The deal was valued at $64 per share. The company is set to report earnings on Thursday amidst a challenging environment for consumer-focused businesses.

Key Points

  • Papa John’s shares dropped 10% on Tuesday.
  • Apollo Global withdrew its offer to acquire Papa John’s at $64 per share.
  • Papa John’s Q3 earnings report is scheduled for Thursday.
  • The stock has declined nearly 30% over the past year.
  • Consumer-focused companies are facing sales pressure due to inflation.
  • Yum Brands announced a strategic review for its Pizza Hut chain on the same day.

新闻简报

总结

因阿波罗全球撤回其私有化要约,棒约翰股价下跌10%。该交易对棒约翰的估值为每股64美元。在面向消费者的企业面临挑战的环境下,该公司将于周四公布财报。

关键点

  • 周二,棒约翰股价下跌10%。
  • 阿波罗全球撤回了以每股64美元收购棒约翰的要约。
  • 棒约翰第三季度财报定于周四公布。
  • 该股在过去一年中下跌了近30%。
  • 由于通货膨胀,面向消费者的公司正面临销售压力。
  • 同日,百胜集团宣布对其必胜客连锁店进行战略评估。

Original Article Link: https://www.cnbc.com/2025/11/04/papa-johns-stock-falls-on-report-apollo-withdrew-take-private-deal.html

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