Pizza Pizza Royalty Corp. (PZRIF) Q4 2024 Earnings Conference Call: Key Insights
On March 31, 2025, at 5:00 PM ET, Pizza Pizza Royalty Corp. (PZRIF) held its Earnings Call for the Fourth Quarter of 2024. The call was led by Paul Goddard, the CEO, and Christine D’Sylva, the CFO. Participants included Derek Lessard from TD Cowen, with an operator managing the call.
Company Overview
Pizza Pizza Royalty Corp. is a pizza restaurant franchisor and licensor that operates primarily in Canada. The company’s primary business focuses on the franchising of both Pizza Pizza and Pizza 73 brands.
Financial Highlights
During the call, Paul Goddard and Christine D’Sylva discussed the financial performance of the company for Q4 2024. Some of the key financial highlights from the call are:
- System-wide sales grew by 5.3%
- Royalty revenue increased by 6.4%
- Same-store sales grew by 3.6%
- Adjusted EBITDA was $11.1 million, a 10.8% increase from the same quarter in the previous year
Operational Updates
The executives also provided updates on the company’s operational performance. Some of the notable operational updates include:
- The company opened 16 new stores during the quarter, bringing the total number of stores to 759
- The company’s digital sales grew by 25% compared to the same quarter in the previous year
- The company’s delivery sales grew by 20% compared to the same quarter in the previous year
Impact on Individual Investors
The strong financial performance and operational updates from Pizza Pizza Royalty Corp. in Q4 2024 are likely to be positive news for individual investors. The company’s growing sales, increased revenue, and expanding store count are all indicators of a healthy business. Additionally, the growing popularity of digital and delivery sales in the restaurant industry is a trend that is likely to continue, making PZRIF an attractive investment opportunity.
Impact on the World
The strong financial performance and operational updates from Pizza Pizza Royalty Corp. are also positive news for the restaurant industry as a whole. The growing trend of digital and delivery sales is a trend that is likely to continue, and companies that are able to adapt and thrive in this new landscape will be well-positioned for success. Additionally, the company’s focus on franchising and licensing is a business model that is likely to continue to be popular, as it allows for scalability and growth while minimizing the risk for the franchisor.
Conclusion
In conclusion, Pizza Pizza Royalty Corp.’s strong financial performance and operational updates in Q4 2024 are positive news for both individual investors and the restaurant industry as a whole. The growing trend of digital and delivery sales is a trend that is likely to continue, and companies that are able to adapt and thrive in this new landscape will be well-positioned for success. Additionally, the company’s focus on franchising and licensing is a business model that is likely to continue to be popular, making PZRIF an attractive investment opportunity.
As always, it’s important for investors to do their own research and consult with a financial advisor before making any investment decisions.
