Pizza Pizza Royalty Corp. Posts Strong Annual Growth

Pizza Pizza Royalty (TSE:PZA) has released an update.

Pizza Pizza Royalty Corp. reported a robust financial performance with a 4.0% increase in same store sales and a 7.0% rise in Royalty Pool sales in Q4, alongside a 7.1% growth in adjusted earnings per share. For the full year, the company saw an 8.2% same store sales jump, a 10.6% boost in Royalty Pool sales, and a 10.9% climb in adjusted earnings per share, with the total sales surpassing $600 million. Additionally, the company expanded its restaurant network by 32 locations and increased its monthly cash dividend three times, totaling a 10.7% rise.

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