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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. 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

Bullboard Posts
Comment by BoredDeveloperon Oct 15, 2018 4:32pm
121 Views
Post# 28805067

RE:Response from IR

RE:Response from IRTheir response sells themselves short.

The "cauliflower pizza" is actually a series of cauliflower CRUST pizzas - ie gluten-free:

https://www.pizzapizza.ca/view-our-menu/

So, rather than being a weird publicity gimmick they're actually aiming at a substantial market niche not normally served by pizza places.

While checking out their website and discovering that, I also noticed a small news item that might matter even more: they've begun expanding into BC:

https://www.pizzapizza.ca/2018/09/17/pizza-pizza-expands-into-british-columbia-with-first-location-in-new-westminster/

Previously, Pizza Pizza had only a booth at the local Cineplex, which they closed a few years back.  While it lasted, it was much better pizza than many of the local slice shops sell; I used to really look forward to having a slice or two there before a movie.  I can believe they could gain market share here fast.

Their publicity efforts could be a bit better, for sure, and I'm still somewhat uncomfortable at the amount of money I have exposed with them... but I think I'll stay in and see how things go for another quarter or two, at least.
Bullboard Posts