Pizza Pizza Royalty Corp. (TSE:PZA)
TSX:PZA
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.23Last Year’s EPS
0.23Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced picture: operational resilience and modest growth (royalty income +2.3%, FY same-store gains, continued expansion, digital and marketing momentum) were offset by meaningful macro and cost pressures (weaker transactions, higher financing costs, payout ratio above target and reserve drawdown). Management emphasized disciplined growth and investments in digital/loyalty to drive frequency, but acknowledged ongoing headwinds and uncertainty.Company Guidance
Modest Same-Store Sales Growth for the Year
For fiscal 2025 the restaurant system delivered positive same-store sales with Pizza Pizza up 0.7% and Pizza 73 up 1.9%; combined same-store sales for Q4 increased 0.2%.
Quarterly Brand Performance — Pizza 73 Outperformance
In Q4 Pizza 73 posted same-store sales growth of 1.8% while Pizza Pizza was slightly down by 0.1%; Pizza 73's promotional and product innovation (e.g., Volcano Pizza) drove stronger engagement and social buzz.
Royalty Income Increased
Partnership royalty income rose 2.3% year-over-year to $10.6 million for the quarter, supported by the addition of 20 restaurants to the royalty pool effective January 1, 2025.
Expansion Activity and Network Scale
The company opened 37 new restaurants in 2025 (bringing a 3-year total to 130) and ended the year with 815 locations (712 Pizza Pizza, 103 Pizza 73, plus 4 international), while 20 restaurants were added to the royalty pool for fiscal 2025 (total pool 794).
Traffic and Channel Wins — Organic Delivery and Promotions
Organic delivery growth improved for the third consecutive quarter and targeted promotions (e.g., Vlad Guerrero Jr. campaign, free game-day delivery, Score a Slice/Score a Pie) helped increase average check and app engagement.
Operational Resilience and Store Refresh
Technology and operations performed well during peak periods (record-setting Halloween day). Around 95% of Pizza Pizza locations and 50% of Pizza 73 locations have been refreshed to enhance the customer experience.
Cost Control in Administrative Spend and Stable Dividends
Administrative expenses decreased to $211,000 from $221,000 year-over-year (≈4.5% reduction). The company declared shareholder dividends of $5.7 million (or $0.2325 per share), consistent with the prior year.
TSE:PZA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:PZA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 25, 2026 | C$16.14 | C$15.07 | -6.60% |
Nov 04, 2025 | C$14.88 | C$14.28 | -4.00% |
Aug 07, 2025 | C$15.41 | C$15.59 | +1.19% |
May 07, 2025 | C$13.93 | C$13.51 | -3.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Pizza Pizza Royalty Corp. (TSE:PZA) report earnings?
Pizza Pizza Royalty Corp. (TSE:PZA) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Pizza Pizza Royalty Corp. (TSE:PZA) earnings time?
Pizza Pizza Royalty Corp. (TSE:PZA) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:PZA EPS forecast?
TSE:PZA EPS forecast for the fiscal quarter 2026 (Q1) is 0.23.