Pizza Pizza Royalty (TSE:PZA) has released an update.
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Pizza Pizza Royalty Corp. reported a mixed financial performance for the second quarter of 2024, with overall same store sales decreasing by 3.9% and a 2.0% drop in Royalty Pool sales, despite adjusting earnings per share and expanding their restaurant network by five locations. The company emphasizes its strong position in the competitive market due to its quality, value-oriented offerings and its growth strategy, having opened over 25 new restaurants in Canada and two in Mexico.
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