Risk Factors Update Summary
- Acquired 118 Papa John's restaurants in the UK in 2023, impacting financials significantly.
- Increased interest rates and elevated energy crisis in the UK affecting operations and profitability.
- Established Company-owned restaurants in the UK, facing operating losses and repositioning challenges.
- Potential joint-employer liability risks with franchise operations could impact brand value.
- Increased costs associated with recruiting and motivating employees may impact financials.
- Increased minimum wage requirements could adversely affect financial condition and franchisee viability.
- Cybersecurity threats pose risks to critical business functions and intellectual property.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=901491&owner=exclude
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