Papa John's shares fall 2.58% after-hours despite new Garlic 5-Cheese Crust Pizza launch.

Papa John's International, Inc. declined 2.58% in after-hours trading. The company recently introduced the Garlic 5-Cheese Crust Pizza, a new menu item featuring a garlic-parmesan crust topped with five premium cheeses. This innovation aims to elevate the flavor profile of their pizzas, potentially attracting more customers. However, the market reaction suggests that investors may not view this new product as a significant driver of future growth or profitability.