Louisville-based Papa John's sales are plunging following the racist slur controversy surrounding the company's founder John Schnatter.
The pizza chain has seen a 16-percent drop in sales, amounting to a loss of about $68 million over a three month span.
That three month span was when the racist slur used during a training call was making the most headlines.
Executives say they expect overall sales for the year to be six to nine-percent lower than last year's nearly $2 billion.
Copyright © 2018 TTWN Media Networks LLC
Photo Credit: Bloomberg