Papa Murphy's Strengthens Southeast Presence
March 30 2015 - 9:00AM
Papa Murphy's Holdings, Inc. (Nasdaq:FRSH), the world's leading
take 'n' bake pizza franchise, today announced plans to strengthen
and grow its presence in the Southeast. The Company, which
currently has over 1,400 locations in 38 states, recently completed
acquisitions of existing Papa Murphy's franchise stores in
Knoxville, TN as a springboard for further expansion throughout the
Southeast.
Papa Murphy's is a franchisor and operator of the largest take
'n' bake pizza chain in the United States, selling scratch-made
pizzas that customers take home and bake in their own oven for a
convenient home-baked meal. The Company makes fresh dough in-store
daily and tops its pizzas with fresh, never frozen ingredients
including vegetables chopped daily, 100 percent whole-milk
mozzarella – grated in-store each day, high quality meat with no
added fillers and specialty, premium ingredients like spicy fennel
sausage, Angus steak, roasted garlic and artichoke hearts. Papa
Murphy's core purpose is to bring families together through food
people love with a goal of creating fun, convenient and fulfilling
family dinners.
Ken Calwell, President and Chief Executive Officer of Papa
Murphy's stated, "There is clear and growing demand for the Papa
Murphy's brand in the Southeast and we see tremendous opportunity
to build upon our success and growing awareness in this key
underpenetrated region. We look forward to opening more franchised
and company-owned stores in Knoxville and continuing to deliver on
our mission of helping busy families everywhere solve the
dinnertime dilemma."
To celebrate the brand's expansion, Papa Murphy's will host
promotions for all stores in the Knoxville market during the week
of Sunday, March 29 through Saturday, April 4. To kick off the deal
week, on Sunday, the stores will offer two Large pizzas for $10
each. On Tuesday, customers can purchase any Large pizza for $10
and on the remaining days of the week, customers will receive a
free Large Pepperoni Pizza with the purchase of any pizza at
regular price.
To find Papa Murphy's pizza near you, please visit
www.papamurphys.com.
About Papa Murphy's
Papa Murphy's Holdings, Inc. (Nasdaq:FRSH) is a franchisor and
operator of the largest Take 'N' Bake pizza chain in the United
States, selling fresh, hand-crafted pizzas ready for customers to
bake at home. The company was founded in 1981 and currently
operates over 1,400 franchised and corporate-owned fresh pizza
stores in 38 States, Canada and United Arab Emirates. Papa Murphy's
core purpose is to bring all families together through food people
love with a goal to create fun, convenient and fulfilling family
dinners. In addition to scratch-made pizzas, the company offers a
growing menu of grab 'n' go items, including salads, sides and
desserts. For more information, visit www.papamurphys.com. Find
Papa Murphy's on Facebook at www.facebook.com/papamurphyspizza.
Forward-looking Statements
This press release contains forward-looking statements that
involve risks and uncertainties that could cause actual results to
differ materially from those in the forward-looking statements.
Forward-looking statements give the Company's current expectations
and projections relating to the Company's future earnings and
growth potential, including potential new store openings. You can
identify forward-looking statements by the fact that they do not
relate strictly to historical or current facts. These statements
may include words such as "guidance," "anticipate," "estimate,"
"expect," "forecast," "project," "plan," "intend," "believe,"
"confident," "may," "should," "can have," "likely," "future" and
other words and terms of similar meaning in connection with any
discussion of the timing or nature of future operating or financial
performance or other events.
Any such forward looking statements are not guarantees of
performance or results, and involve risks, uncertainties (some of
which are beyond the Company's control) and assumptions. Although
the Company believes any forward-looking statements are based on
reasonable assumptions, you should be aware that many factors could
affect our actual financial results and cause them to differ
materially from those anticipated in any forward-looking
statements. Please refer to the risk factors discussed in the
Company's Quarterly Report on Form 10-Q for the quarterly period
ended March 31, 2014 (which can be found at the SEC's website
www.sec.gov) and each such risk factor is specifically incorporated
into this press release. Should one or more of these risks or
uncertainties materialize, the Company's actual results may vary in
material respects from those projected in any forward-looking
statements.
Any forward-looking statement made by the Company in this press
release speaks only as of the date on which it is made. The Company
undertakes no obligation to update any forward-looking statement,
whether as a result of new information, future developments or
otherwise, except as may be required by law.
CONTACT: Media Contact:
Jessica Liddell, ICR
Jessica.Liddell@icrinc.com
203-682-8200
Investor Relations Contact:
Fitzhugh Taylor, ICR
Fitzhugh.Taylor@icrinc.com
877-747-7272
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