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 > PZA Q4

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Post by HermannHalleron Mar 02, 2021 5:03pm

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PZA Q4

SSSG pretty bad at -17.6%, but still the balance sheet ok and payout only 84%.

I think investors need to look past this lockdown quarter, it's not relevant for the future.

https://www.newswire.ca/news-releases/pizza-pizza-royalty-corp-announces-fourth-quarter-and-annual-results-806095941.html

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Corus reports Q1 profit drop in the face of falling revenue