Pizza Pizza Royalty Corp PZRIF

Primary Symbol: T.PZA

Consumer Cyclical Restaurants

Pizza Pizza Royalty Corp., through Pizza Pizza Royalty Limited Partnership (the Partnership), owns the trademarks, trade names and other intellectual property used by Pizza Pizza Limited (PPL) in its Pizza Pizza and Pizza 73 restaurants and in its international franchising business. PPL is a privately held company that provides service and operational support to restaurant operators. Pizza Pizza is a franchise-oriented restaurant business operating primarily in the province of Ontario, in which it leads the pizza quick service restaurant (QSR) segment. Of the 652 Pizza Pizza restaurants, 646 are franchised or licensed, and six are owned and/or managed as corporate restaurants. Of the 652 restaurants, 197 are non-traditional locations which have limited operating hours and a limited menu. There are about 100 Pizza 73 locations operating in the QSR segment, principally in the province of Alberta. The Pizza 73 business also includes a central food distribution center in Edmonton.

TSX:PZA - Post by User

Pizza Pizza Royalty Corp > PZA Q4

<< Previous

Bullboard Posts

Next >>

Comment by HermannHalleron Mar 03, 2021 7:45am

128 Views

Post# 32702778

RE:RE:RE:PZA Q4

TD raises target to $12 from $10.50, reiterates BUY rating. Basically their argument is that with the rollout of vaccines, foodservice will rebound in 2021, and PZA is still very cheap relative to other stocks.

The conference call was helpful explaining the weakness in the quarter. Not only did they get hit on lockdown, and sports, but all the usual seasonal parties, and office gatherings were not happening.

I'll be buying more today if it dips.

<< Previous

Bullboard Posts

Next >>

How a junior advances one of the largest undeveloped diamond projects