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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

Comment by HermannHalleron Mar 03, 2021 7:45am
156 Views
Post# 32702778

RE:RE:RE:PZA Q4

RE:RE:RE:PZA Q4TD raises target to $12 from $10.50, reiterates BUY rating. Basically their argument is that with the rollout of vaccines, foodservice will rebound in 2021, and PZA is still very cheap relative to other stocks.

The conference call was helpful explaining the weakness in the quarter. Not only did they get hit on lockdown, and sports, but all the usual seasonal parties, and office gatherings were not happening.

I'll be buying more today if it dips.
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