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. 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 681 Pizza Pizza restaurants 679 are franchised or licensed, and two are owned and/or managed as corporate restaurants. Of the 681 restaurants, 207 are non-traditional locations which have limited operating hours and a limited menu. PPL is a privately held company that provides service and operational support to restaurant operators. There are 103 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

Bullboard Posts

Post by sandeep3on May 06, 2010 12:36pm

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Post# 17069946

MY EXPECTATIONS FOR RESULTS

In my opinion ,one can expect the following messages in today's after market Q1 financial release:-

1.Conversion to a corp in Jan 2011.

2.Distributions to be continued at the same level till end of 2011 making use of the available tax pools

3.Better than expected earnings even though the first quarter is usually the weakest for most food service chains considering the mild winter,the Olympics and additions to the royalty pool of new 35 + restaurants

4.Economic recovery taking root in Canada

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