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Papa John’s competes for ‘cautious’ consumers

The company says it is positioned to build on the double-digit growth in profit and revenue it achieved in fiscal 2012.

Papa John’s International Inc. said competition for cautious consumers remains intense, but that it is positioned to build on the double-digit growth in profit and revenue it achieved in fiscal 2012, company officials said in a fourth-quarter earnings call.

Consumer spending is still far from robust, noted founder and chief executive John Schnatter, meaning Papa John’s would have to continue to market quality to differentiate itself from competitors.

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