Papa Johns 2007 Annual Report Download - page 23
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16
and cost of land and construction, ability to source high-quality ingredients and other commodities in
a cost-effective manner, and differing interpretation of the obligations established in franchise
agreements with international franchisees. Accordingly, there can be no assurance that our operations
will achieve or maintain profitability or meet planned growth rates.
Item 1B. Unresolved Staff Comments
None.