Pizza Pizza Royalty Corp. (TSE:PZA)
TSX:PZA
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.23Last Year’s EPS
0.24Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call highlighted meaningful progress on footprint expansion, product innovation (including immediate lift from a $5 walk-in deal), maintained dividends, and cost discipline. However, these positives were overshadowed by material top-line weakness: same-store sales down ~4.1%, system sales and royalty income down 3.5%, traffic and delivery softness, nontraditional site challenges, a high quarterly payout ratio of 134% and a draw on working capital, and rising borrowing costs. Given the combination of deteriorating sales metrics and balance-sheet/ payout pressures, the tone reflects concern about near-term performance despite strategic initiatives.Company Guidance
Net Restaurant Growth and Scale
Added 20 net new restaurants to the Royalty Pool on Jan 1, 2026; Royalty Pool increased from 794 to 814 restaurants (712 Pizza Pizza, 102 Pizza 73). Opened 6 traditional and 3 nontraditional Pizza Pizza locations during the quarter, supporting long-term footprint expansion.
Product Innovation Showing Early Success
Rolled out Volcano Dipper (success at Pizza 73) to Pizza Pizza and introduced a $5 Meal Deal (slice + drink) in late March; the $5 deal produced immediate improvements in walk-in sales and traffic. XXL Vladdy $19.99 special also became a top-mix special in major markets.
Maintained Quarterly Dividend
Declared shareholder dividends of $5.7 million for the quarter (C$0.2325 per share), consistent with the prior year, demonstrating commitment to returning cash to shareholders despite a softer top line.
Operational and Expense Discipline
Administrative expenses decreased to $132,000 from $152,000 year-over-year. Management emphasized channel-level value (walk-in, pickup, delivery specials) and several initiatives to improve unit economics and construction cost discipline for franchisees.
Improving Organic Delivery and Channel Advantages
Reported early signs of improvement in organic delivery (on-time guarantee, tracking/SMS, lower fees vs third-party aggregators) and promotional programs (free game-day delivery) that can drive cost-effective orders and loyalty.
Growth Outlook for Traditional Stores
Management expects continued net openings in 2026 with traditional-store growth guidance in the 2%–3% range, indicating continued offensive expansion despite the macro environment.
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 |
|---|---|---|---|
May 01, 2026 | C$15.66 | C$13.85 | -11.56% |
Mar 25, 2026 | C$16.05 | C$15.00 | -6.60% |
Nov 04, 2025 | C$14.80 | C$14.21 | -4.01% |
Aug 07, 2025 | C$15.33 | C$15.51 | +1.19% |
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 Aug 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 Aug 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 (Q2) is 0.23.