Papa John’s is blaming the NFL for hitting its bottom line.
The pizza company, an official sponsor of the league, sliced its sales and profit forecasts on Tuesday. And Papa John’s founder and CEO John Schnatter wasn’t shy about who he thinks is to blame: Commissioner Roger Goodell.
“Leadership starts at the top, and this is an example of poor leadership,” Schnatter said on a conference call with investors Wednesday. “The NFL has hurt Papa John’s shareholders.”
NFL ratings, like the rest of network television, are in a slump. Through Week 7, NFL viewership is down 5% overall from the same point last year.