Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

Consumer Cyclical Restaurants

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

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Sir Royalty Income Fund

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Post by flamingogoldon Jun 24, 2021 9:18am

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Where we're going...

The US is ahead of us on the covid front so looking there tells us where we're going. Darden just reported sales that are almost back to pre-pandemic 2019 levels and also predicts "for fiscal 2022 that its total sales for the year will top pre-pandemic revenue".

https://www.cnbc.com/2021/06/24/darden-restaurants-dri-q4-2021-earnings-.html

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