Back in November, shortly after Trump ignited a war with the NFL over player protests of the National Anthem, Papa John's insisted that their sales were getting crushed by a backlash from fans who decided to boycott games (we covered it here: Papa John's Pulls NFL Ads Due To "Negative Consumer Sentiment"). That said, the complaint from Papa John's was seemingly discredited as a convenient excuse for poor earnings the very next day when Pizza Hut said they had seen no impact from the NFL protests.
Of course, with all of the noise of seasonality, weather and random accounting games played by CFO's, it's almost impossible to know if, or by how much, declining NFL viewership actually impacted Papa John's earnings...any conclusions would be ambiguous at best.
That said, what doesn't seem to be all that ambiguous, and probably should lend some credence to the original claims from Papa John's, is the startling collapse in chicken wings prices that coincided perfectly with Trump's first NFL protest tweets back in September. According to the Bloomberg data below, wing prices started dropping almost immediately after Trump's first tweets and have fallen a staggering 30% since.
Meanwhile, the collapse in wing prices was at least partially blamed for the abysmal earnings posted by one of the largest poultry producers, Sanderson Farms, earlier this this morning.
Asked for their profit outlook for 2018, SAFM management, whose stock tumbled 12% on the day, seemed to be somewhat optimistic aside from crushing traffic declines at wing restaurants which they said are being attributed to the NFL protests.
Analyst: That's helpful. And then when you look at your pricing outlook and your profit per pound outlook for 2018 versus 2017. Any color in terms of pricing and your profit per pound?
SAFM Management: Based on what we, the productions, we think is coming in 2018. You never know who's going to be running features on chicken and tenders. But the only thing that is puzzling me right now wings, we this – the wing, we have been talking to our wing customers and they're the ones that are telling us that they're seeing less traffic in their stores and they attribute that to the NFL.
So what say you...just more scapegoating for a bad quarter or is the NFL taking a bite out of the wing market?
Best headline of the year!!!
I'm suddenly hungry.
For wings, the blood of the NFL Commissioner, or both? ;)
not to worry -- this should only be a mild or medium crisis
We're scraping bottom here ... go long dental floss and handi-wipes!
More collateral fucking damage to the poor, low paid trying to struggle by.
Most them workers at them wings shoppes ain't you bes egghamble uh du edumakashunal syszdem
Great
OK Quiz time, finacial afficianados. Where are chicken wings traded?
Ha ha ha ha ha ha ha ha
Uptight millionaire athletes & sniveling prog sportscasters will soon be competing for these low paying yawbs too!
What is this world coming to? ;-)
Are you saying we don't have special work visas to import workers willing to dish out chicken wings to ungrateful Americans?
About to order a plate at Buffalo Wild Wings. Should I point this out and ask for a reduced price?
San Diegans finally kicked out their over-demanding, rich-as-hell-on-the-taxpayer-dollar, Chargers team and we're happy as clams.
My oldest daughter works there and has told me their business is MUCH slower than years past. Then again, they keep raising their prices to where they are rediculous.
Yeah, saffron and cumin never really caught on for wings but man!...like Crazy Uncle Joe always says..."You cannot go to a 7-Eleven or a Dunkin' Donuts unless you have a slight Indian accent."
So we're still good on beer, smokes and hangover food! ;-)
The only thing that keeps the NFL, NBA, NCAA Trayvons alive are the dumb white male cucks who support these rapists.
Southern whites are among the dumbest Trayvon supporters especially the idiots who love college and high school ball. Retards.
"Social Justice" freaks destroy everything they touch.
Twitter is next. Everyone may as well switch to https://gab.ai now, because if you use Twitter and say anything remotely political and truthful you will be a victim of the upcoming censorship regime being put in place on the 18th.
Still pissed because you were a spaz in sports and couldn't compete?
Most them workers at them wings shoppes ain't you bes egghamble uh du edumakashunal syszdem
Been forced into reading Twatter and Fvckbook shit for so long,,, I actually understood that,,, first read!
I now root for respect for the flag and all American people...
Not some lousy football team.
We keep winning every week...have you seen those empty seats!
Not missing Costas, Krapernick, ESPN and all the garbage commercials they shoved in our faces.
Enjoying real life!
You respect the flag& ALL 'murican pee-pull? 56% 'murimutt breed shit skin. The 'murican stupid,it burns.
Burn.It.All.Down.
I hate phony faux patriotism that helps support NeoCon endless wars. Send Johnny to keep the CI*A heroin flowing. If he gets his legs blown off then give him a dog and ball game tickets. Americans should be marching against this corrupt govt and amazingly corrupt alphabet agencies.
Maybe Krapernick's girlfriend can get him to play on a Saudi football team.
uh oh, Trump admin added a lot of jobs on upward trend, but not enough for growth in prime working aged adults each month.
- Losing chicken fryin' jobs
- Losing H1B work VISAs
- World loses respect, must go to war
such a shame
I'm pretty sure people are pissed off because all these chickens are "taking a wing" due to the fact they're unable to "take a knee".
This is another click-bait thing by Tyler. How come beer "spot" price hasn't come down a penny?
Muh flag.
State mandated minimum prices, where I shop.
Same for coffin nails.
Wings are temporarily free of governance regulation...
http://www.thepoultrysite.com/articles/2812/chickens-do-not-receive-grow...
"These colors dont run"
Unless the country has a navy or air force.
Because you can drink beer while the tv is off?
Chicken wings and bacon and beer. Proof that God does love us, and wants us to be happy
But it's the tang, the vinegar, the sauce, or the fat-grease-n-dressing... or salty-spicy shake on or dry rub.
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Flagfappers Unite !Flagfapping alive & well'n 'murica!!!
Wings are racist!
I can really go for some Buffalo wings at %30 discount.
still way overpriced
Chicken wing spot prices? Really? How come there is no pussy spot prices? Get your priorities straight
Because, who pays for dat?
And now Hall of Fame NFL Network employees are getting outed for sexual harassment.
Good times for football!
Dissed muh' murican prodd
Downvote me but I think they are nasty. Rubber, sinew no meat and gross.
I would say they are always overpriced as they are of marginal value.
I agree with you, I rarely, if ever, eat wings. Only if it's, like, at a party or something where they are free. I ain't payin nothin for em.
Best part of a chicken is the breasts. Nothing else will do.
Getting paid by the comma must be a good gig.
Breasts are the best part of many things...
I love thighs and where they end.
The knees?
LOL!!!!!!!!!!
I was, ahh, like, trying to talk like a valley dude. ;-)
naw, dark chicken & turkey meat. but lamb might be great for some gamey taste.
You have to beat them with a tenderizing hammer first before you boil them.
Ya, that's what Jeffrey Dahmer said too.....
You want to microwave them, just like good BBQ.
ya, for creamy rocky mtn oysters, hit 'em in the micro
lol
no, yeah micro helps chicken legs, wings.