Papa John’s, which has a good ticker, is another pizza place that made our list of the best stocks for food delivery.
The franchise has been around since 1984, and there are now more than 5,500 locations in 49 different countries. With the help of its delivery services, the business made more than $2 billion in 2022.
Even though the company was short on staff in 2020, it was still able to meet the growing demand for delivery. It was able to do this because it worked with other companies, like DashDoor. But the franchise moved quickly to start its own service to cut third-party fees and get more control over the delivery process.
In 2021, Papa John’s will launch a digital delivery system similar to Domino’s. Customers can now place orders directly from the company’s website or mobile app. Focusing on new ideas has been a big part of the company’s ability to keep up with its competitors.
- Advertisement -
Even though the company has a lot of franchises, it still has room to grow internationally.
So, there is a chance for investors to make more money in the near future.