Positive Same-Store Sales Growth
Pizza Pizza and Pizza 73 reported a combined same-store sales growth of 1.2% in Q1 2025, with Pizza Pizza at 0.6% and Pizza 73 at 4.3%.
Innovation and New Product Success
Introduction of the massive 18-inch pizza and Loaded Tater Tots led to increased sales. The new stuffed crust option at Pizza 73 doubled sales expectations.
Effective Marketing Strategies
The reverse tariff promotion with a 25% discount was successful, particularly around the Four Nations Hockey final, driving visibility and incremental sales.
Expansion and Franchise Growth
Opened two traditional and two nontraditional Pizza Pizza locations, and one traditional Pizza 73 location, with a planned 2% to 3% network expansion in 2025.
Increased Royalty Income
Royalty income increased 1.9% to $9.7 million in the quarter due to same-store sales growth and additional restaurants in the Royalty Pool.
Strong Franchisee Network
Positive franchisee sentiment and recognition as the number one franchise from the Elite franchise award.