Papa John's CEO John Schnatter said that he has no obligation to share "excessive profits" with his employees. See Example( s )
Collected via Email, February 2016
On 18 February 2016, the Facebook page “I Acknowledge Class Warfare Exists” posted a meme featuring a photo of Papa John’s CEO John Schnatter along with a quote ostensibly uttered by him:
If our business is successful; and achieves excessive profits, we’re under no obligation to share that with our workers.”
The above-displayed quote has been circulating for several years. While several web sites, such as AZ Quotes, Sherman’s Wilderness, and the Straight Dope message board, have attributed this phrase to Schnatter, none of these web sites conclusively said where or when Schnatter purportedly uttered this quote. In fact, our attempt to source the above-displayed quote led us in a never-ending circle of memes, but in the end, we found no record linking Schnatter to the above-displayed quote from any credible publication.
The above-displayed quote was likely created in an attempt to paraphrase comments the Papa John’s CEO made in 2012 before the implementation of the Affordable Care Act:
“Our best estimate is that the Obamacare will cost 11 to 14 cents per pizza, or 15 to 20 cents per order from a corporate basis.
“We’re not supportive of Obamacare, like most businesses in our industry. But our business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare.
“If Obamacare is in fact not repealed, we will find tactics to shallow out any Obamacare costs and core strategies to pass that cost onto consumers in order to protect our shareholders best interest.”
In November 2012, Schnatter wrote an opinion piece for The Huffington Post, saying that some of his comments had been taken out of context.