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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
Post by bluejay100on Feb 20, 2019 10:33pm
125 Views
Post# 29391802

Can't make too much of this, but...

Can't make too much of this, but...My local Pizza Pizza has just moved about 30 feet to a store with about half the footprint of the old one.  Makes a lot of sense to me.  It won't drive more sales, but it will be better economics and might free up cash to advertise and promote more.  It would be interesting to know if this is part of a deliberate strategy to downsize.  Hope so.

SP is recovering slowly.  I feel sorry for those who bought in north of $16.  It seems a very long way away.  I a, pretty much at breakeven now and simply enjoying the divi with hopefully some capital appreciation.
Bullboard Posts