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 > TD lowers target price

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Comment by Martincaton Aug 13, 2021 10:57am

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Post# 33700509

RE:RE:TD lowers target price

Not overly concerned with TD downgrade on PZA....Many times TDW is wrong with downgrades or target setting....The latest on PZA from Thomson Reuters....PZA reports adjusted eps increase of 2% and raises distributions by 9%....No so bad afterall....Every time I pass by the local PZA, it`s always busy....That`s good too!.....Peers with the exception of Domino`s are still struggling a bit...Why not put out a downgrade on those establisments?...

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