Papa John’s to spend up to $50 million to rebuild after scandal

Papa John’s is in the middle of a very expensive scandal.

Founder and former CEO John Schnatter sparked backlash when Forbes reported in July that he had said the N-word on a company conference call.

On Tuesday, the company reported that sales plummeted in July, falling 10.5% in North America in the month. Papa John’s reported it is now anticipating that comparable sales in North America will fall by 7% to 10% for the full year, down from the previous prediction of a decrease of 3%…