Boston Pizza Royalties Income Fund T.BPF.UN

Alternate Symbol(s): BPZZF

Consumer Cyclical Restaurants

Boston Pizza Royalties Income Fund (the Fund) is a Canada-based open-ended trust. The Fund operates through its subsidiaries, Boston Pizza Holdings Trust, Boston Pizza Holdings GP Inc. and Boston Pizza Holdings Limited Partnership, its 80% owned subsidiary Boston Pizza GP Inc. (BPGP), and its interest in Boston Pizza Royalties Limited Partnership. BPGP is the managing general partner of Royalties LP. The Fund indirectly, through Royalties LP, acquire the trademarks and trade names owned by Boston Pizza International Inc. (BPI), including 'Boston Pizza' and other similar related items, logos and designs (collectively, the 'BP Rights') used in connection with the operation of Boston Pizza restaurants in Canada. The Company operates approximately 377 Boston Pizza Restaurants in the Royalty Pool, of which approximately 375 were operating and open for business to the public.

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Boston Pizza Royalties Income Fund > Distribution raised again

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Comment by DanielDardenon Feb 14, 2024 5:10pm

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Post# 35880726

RE:RE:Distribution raised again

DanielDarden wrote: They are exceeding 2019 sales so obviously that was the lead up to the boost. Probably more important is that management seems confident that they can maintain the sales if/when a recession should appear. This is post the Q1 results.

Obviously 2024 is looking good with the bump up. Hockey is likely driving this as Can. Teams are having good seasons overall with contenders for the CUP in several cities. Q2 could be even better when the playoffs start and patios open for the summer. A special distribution could be in the offing before year end.

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