Why are people against Papa Johns? - Page 8

On May 21 2013 06:45 Thieving Magpie wrote:


If I find out that the guy pulling me out of the fire was a nazi supremist, I don't ask him to throw me back into the fire just because I disagree with this views. People are literally getting upset that people they have labeled as monsters is acting akin to them. that is what is bothering me.

On May 21 2013 06:45 yeeshdontjudgeme wrote:


Yet the liberals are saying it's an example of "bad business practices." Rather it's the result of good business practices. Good for them for being willing to raise prices for the sake of healthcare.

On May 21 2013 06:45 yeeshdontjudgeme wrote:


Yet the liberals are saying it's an example of "bad business practices." Rather it's the result of good business practices. Good for them for being willing to raise prices for the sake of healthcare.

Last year, Papa John’s International captured $1.218 billion in revenue. Total operating expenses were $1.131 billion. So if Schnatter’s math is accurate (Obamacare will cost his company $5-8 million more annually), then new regulation translates into a .4% to .7% (yes, fractions of a percent) expense increase. It’s difficult to set that ratio against the proposed pie increase, given size and topping differentials, but many of their large specialty pizzas run for $16. Remarkably, a 10-14 cent increase on a $16 pizza falls in a comparable range: .6% to.9%. But the cost transference becomes less equitable if you’re looking at medium pizzas, which run closer to $12, meaning a .8% to 1.15% price increase.

For the sake of argument, let’s say that Papa John’s sells exactly half medium/half large specialty pizzas. Averaging the ranges for both sizes, then averaging that product yields a .86% price increase — well outside the range of what Schnatter says Obamacare will cost him.

So how much would prices go up, under these 50/50 conditions, if they were to fairly reflect the increased cost of doing business onset by Obamacare? Update 12/5/12: an earlier version of this story estimated that a fair per pie cost increase to reflect additional expenses due to Obamacare to be 3.4 to 4.6 cents a pie. That was incorrect. The range is 5.6-9.8 cents per pie. This is still absolutely outside the range of proposed pie increases suggested by Schnatter at the time, and, as discussed in the comments, the range gives Schnatter a large benefit-of-the-doubt margin as the estimate assumes all pizzas are sold at specialty prices. In reality, many pizzas sold are at discount or coupon prices, and many pizzas are not specialty pizzas, but in fact cheaper pizzas with fewer toppings. Thanks to Daniel Kirchheimer for noticing the error.

On May 21 2013 06:49 Thieving Magpie wrote:


I'm just showing that its silly for people to hate good things a company does just because at some time in the past they did something bad.

They're willing to put money in something I love? I consider that an act of goodness. It doesn't erase their acts of evil, but I will not ignore their acts of good just because I've arbitrarily decided that they're evil.

But people in this thread are upset that PJ is putting money into esports because of something he said a year ago. How can americans ever come to an agreement when you people don't weigh in the goods and bads of other people.