Record Franchise Sales
Boston Pizza delivered its third consecutive quarter of record franchise sales with $248.9 million for the quarter and $731.9 million year-to-date, representing increases of 4.3% and 4.9%, respectively, compared to the same periods last year.
Successful Promotions and Marketing Initiatives
Promotions such as the Kids Cards promotion raised over $1 million for local charities, and marketing initiatives like the partnership with Live Nation and the Kids Eat Free promotion significantly engaged customers.
Increase in Distributable Cash and Royalty Income
Distributable cash increased by 4.9% for the quarter and 3.8% year-to-date, while royalty income saw an increase to $10 million for the quarter and $29.3 million year-to-date.
Positive Same-Restaurant Sales Growth
Same-restaurant sales increased by 4.1% for the quarter and 5.0% year-to-date, driven by momentum in takeout and delivery and effective promotional initiatives.
Increased Net and Comprehensive Income
The Fund's net and comprehensive income increased to $10.4 million for the quarter compared to $9.4 million for the third quarter of 2024.