TSX:PZA - Post Discussion
Post by
SilverSpewn on May 13, 2024 12:58pm
Finally an update on the Mexico expansion!
As per Derek Lessard of TD Cowen: "International expansion also begins to come into focus. In Q2/23, PZA opened its first three locations in Mexico, an attractive geography with high-single-digit growth, favourable per-capita consumption trends, strong unit economics, and an experienced local partner. Management noted encouraging initial reactions from consumers and expects to ramp up to a run-rate of ~10 new locations/year over time."
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