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

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Comment by Knatoron Aug 09, 2017 8:49pm

373 Views

Post# 26563941

RE:Awesome company

They are not constantly spreading across the country. In their recent press release they said there store count is going to be same for the remainder of the year.

"The number of restaurants in the Company’s Royalty Pool increased by a net, 15 to 751 on the January 1, 2017 Adjustment Date. The number of restaurants in the Royalty Pool will remain unchanged through December 31, 2017."

I suspect the stock will drop some more as a result of higher bond yields. Although the current price is tempting to add some I will likely hold out a bit longer.

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