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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 SilverSpewnon Mar 02, 2021 10:32pm
130 Views
Post# 32702157

RE:RE:PZA Q4

RE:RE:PZA Q4The report does say how delivery has partially offset the decline in walk-in sales but you've got to remember PZA has the contract with Maple Leaf Sports and Entertainment, not having live sports definitely puts a dent in their business. When the restrictions are eased the same store sales will grow also just by virture of having more people out at bars at night and needing a bite on the way home. Also, in terms of "competition increasing" with all the delivery apps I would say competition is still pretty fierce even in a lockdwon world, but at the end of the day there will always be a market for pizza which will grow and contract along with the economy most generally.
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