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Pizza Pizza Royalty Corp T.PZA

Alternate Symbol(s):  PZRIF

Consumer Cyclical Restaurants
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

Pizza Pizza Royalty Corp
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Post by SilverSpewnon May 13, 2024 12:58pm
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Post# 36037106

Finally an update on the Mexico expansion!

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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Dealroom for high-potential pre-IPO opportunities