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Pizza Pizza Royalty Corp T.PZA

Alternate Symbol(s):  PZRIF

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 Mar 02, 2021 7:57pm
111 Views
Post# 32701568

RE:PZA Q4

RE:PZA Q4So it doesn't worry you in the slightest that sales are down by almost a fifth when there will likely never be a time when buying pizza is more of an appealing option, given restrictions on dining at a restuarant?  Frankly, it's a shocking performance and I can't see for the life of me how they are going to get all those sales back when lockdown is over and competition increases. 

HermannHaller wrote: SSSG pretty bad at -17.6%, but still the balance sheet ok and payout only 84%.

I think investors need to look past this lockdown quarter, it's not relevant for the future.


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