Pizza Pizza's Q1 saw a turnaround with positive same-store sales, driven by menu innovation and effective marketing rather than heavy discounting. The asset-light royalty model ensures steady, predictable cash flow, supporting a high dividend payout even during challenging quarters. Recent promotions and new product launches boosted both traffic and average check, outpacing other Canadian QSR pizza chains.
Pizza Pizza Royalty Corp. (OTCPK:PZRIF) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants Paul Goddard - Chief Executive Officer Christine D'Sylva - Chief Financial Officer Conference Call Participants Derek Lessard - TD Cowen Operator Ladies and gentlemen, thank you for standing by and welcome to the Pizza Pizza Royalty Corp.'s Earnings Call for the First Quarter of 2025. [Operator Instructions] As a reminder, this conference is being recorded on May 7, 2025.
PZA:CA offers a royalty structure, with unit holders receiving distributions tied to sales of Pizza Pizza and Pizza 73 chain in Canada. Canadian patriotism could boost local retailers like Pizza Pizza, positioning them to gain market share from competing American-based pizza restaurants. Q1 results were okay, but nothing to write home about. Even if future quarters show stronger growth, I don't think management will increase their payout ratio beyond 7.75 cents this year.
PZRI PZRIF 1 month ago Paid | Monthly | $0.06 Per Share |
PZRI PZRIF 2 months ago Paid | Monthly | $0.06 Per Share |
PZRI PZRIF 3 months ago Paid | Monthly | $0.05 Per Share |
PZRI PZRIF 4 months ago Paid | Monthly | $0.05 Per Share |
PZRI PZRIF 5 months ago Paid | Monthly | $0.05 Per Share |
7 Aug 2025 (In 1 month) Date | | 0.24 Cons. EPS | - EPS |
30 May 2025 Date | | - Cons. EPS | 0.16 EPS |
4 Mar 2025 Date | | - Cons. EPS | - EPS |
5 Nov 2024 Date | | - Cons. EPS | - EPS |
4 Nov 2024 Date | | - Cons. EPS | 0.17 EPS |
PZRI PZRIF 1 month ago Paid | Monthly | $0.06 Per Share |
PZRI PZRIF 2 months ago Paid | Monthly | $0.06 Per Share |
PZRI PZRIF 3 months ago Paid | Monthly | $0.05 Per Share |
PZRI PZRIF 4 months ago Paid | Monthly | $0.05 Per Share |
PZRI PZRIF 5 months ago Paid | Monthly | $0.05 Per Share |
7 Aug 2025 (In 1 month) Date | | 0.24 Cons. EPS | - EPS |
30 May 2025 Date | | - Cons. EPS | 0.16 EPS |
4 Mar 2025 Date | | - Cons. EPS | - EPS |
5 Nov 2024 Date | | - Cons. EPS | - EPS |
4 Nov 2024 Date | | - Cons. EPS | 0.17 EPS |
Restaurants Industry | Consumer Cyclical Sector | Ms. Christine D'Sylva CEO | OTC PINK Exchange | CA72585V1031 ISIN |
US Country | - Employees | 30 May 2025 Last Dividend | - Last Split | - IPO Date |
Pizza Pizza Royalty Corp. is a prominent player in the Canadian food industry, specifically focusing on the quick-service restaurant sector. Established in 1967, the company operates through its subsidiary, Pizza Pizza Royalty Limited Partnership, to own and franchise restaurants primarily under the well-known Pizza Pizza and Pizza 73 brands. Strategically headquartered in Toronto, Canada, Pizza Pizza Royalty Corp. has successfully expanded its presence across the region, providing customers with quick, convenient, and enjoyable dining experiences. Its business model is built on leveraging the strength of its brands and franchise network to sustain growth and profitability.
Pizza Pizza Royalty Corp. offers franchising opportunities under its two major brands: Pizza Pizza and Pizza 73. This service enables entrepreneurs to open and operate their own Pizza Pizza or Pizza 73 restaurant, benefiting from the established brand recognition, comprehensive training programs, marketing support, and the proven business model of the corporation. Franchisees become part of a well-known network, accessing a loyal customer base and a menu that has been refined and optimized over decades.
Under the Pizza Pizza and Pizza 73 brands, the company manages a wide network of quick service restaurants across Canada. These establishments are known for their fast service, quality ingredients, and a diverse menu catering to various tastes and preferences. Customers can enjoy a range of pizzas, side dishes, and beverages, all tailored to suit the fast-paced lifestyle of the modern diner. The quick service model emphasizes convenience, speed, and value, ensuring a consistent and enjoyable dining experience.