Chicken Wing Spot Prices Collapse 30% As NFL Protests Take Their Toll

Jon Alternative Media, Blogosphere, Economy, Government

Back in November, shortly after Trump ignited a war with the NFL over player protests of the National Anthem, Papa John’s insisted that their sales were getting crushed by a backlash from fans who decided to boycott games (we covered it here: Papa John’s Pulls NFL Ads Due To “Negative Consumer Sentiment”). That said, the complaint from Papa John’s was seemingly discredited as a convenient excuse for poor earnings the very next day when Pizza Hut said they had seen no impact from the NFL protests.
Of course, with all of the noise of seasonality, weather and random accounting games played by CFO’s, it’s almost impossible to know if, or by how much, declining NFL viewership actually impacted Papa John’s earnings…any conclusions would be ambiguous at best.

This post was published at Zero Hedge on Dec 14, 2017.