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Pizza Pizza Royalty Corp PZRIF


Primary Symbol: T.PZA

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

Comment by BlueJay2020on May 12, 2021 4:33pm
125 Views
Post# 33185035

RE:RE:RE:RE:RE:Q1 results

RE:RE:RE:RE:RE:Q1 results

Well, Dominos Pizza sales were up 13 per cent, year over year, so what is Pizza Pizza doing wrong?


StarGreenElk wrote:

The market can be stupid for short periods of time, what results did they expect when parts of Canada went into total lock down again for the quarter ?   Great dividend and on the conference call they suggested it might be going up in the future if covid lock down gets lifted.  They also have a hoard of money ( 5.2 million ) as a cushion to ride covid out.   I expect that money will eventually be returned to shareholders as a special dividend, because they really have no use for it


 

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