Canada's Pizza Pizza Royalty Q4 same store sales edge up

Pizza Pizza Royalty

25/03/2026 20:41

Overview

Canada pizza restaurant royalty firm's Q4 same store sales grew 0.2% after prior yr decline

Adjusted EPS for Q4 was flat compared to last year

Q4 Royalty Pool sales rose 2.2%, driven by new restaurants added

Outlook

Company expects to grow traditional restaurant network by 2% to 3% in 2026

Company expects future dividends will continue to be funded entirely by cash flow from operations and the cash reserve

Result Drivers

HIGHER AVERAGE CHECK - Co said Q4 sales benefited from increased average customer check, driven by more higher ticket delivery orders

SOFTENED CUSTOMER TRAFFIC - Co said restaurant traffic decreased in Q4 due to economic conditions and heightened competition

Company press release: ID:nCNWkQ2sJa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted EPS
C$0.25
Q4 Adjusted Net Income
C$5.43 mln
Q4 Adjusted Income from Operations
C$8.16 mln
Q4 Basic EPS
C$0.24
Q4 Same Store Sales Growth
0.20%


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the restaurants & bars peer group is "buy."

Wall Street's median 12-month price target for Pizza Pizza Royalty Corp is C$16.00, about 0.2% above its March 24 closing price of C$15.97

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)