Pizza Pizza Royalty Corp. (PZRIF) Q3 2024 Earnings Call Transcript Summary
Pizza Pizza Royalty Corp. (PZRIF) Q3 2024 Earnings Call Transcript Summary
The partnership's royalty income earned as a percentage of the Royalty Pool sales decreased by 4.4% to $10 million.The following is a summary of the Pizza Pizza Royalty Corp. (PZRIF) Q3 2024 Earnings Call Transcript:
以下是Pizza Pizza Royalty 業務（PZRIF）2024年第三季度業績會成績單：
Financial Performance:
金融業績：
Pizza Pizza Royalty Corp reported a 5.3% decrease in same-store sales across both Pizza Pizza and Pizza 73 brands.
Royalty Pool system sales decreased by 4.6% totaling $155.8 million.
The partnership's royalty income earned as a percentage of the Royalty Pool sales decreased by 4.4% to $10 million.
Shareholder dividends declared were $5.7 million for the quarter, resulting in a payout ratio of 109%.
Working capital decreased by $500,000, ending the quarter at $6.3 million.
Pizza Pizza Royalty 業務報告顯示，Pizza Pizza 和 Pizza 73 品牌的同店銷售額均同比下降了5.3%。
特許權池系統銷售額下降了4.6%，總計15580萬美元。
作爲特許權池銷售額的一定比例，合作伙伴的特許權收入下降了4.4%，至1000萬美元。
股東宣佈的股息爲570萬美元，本季度派息比率達109%。
運營資金減少了50萬美元，季末爲630萬美元。
Business Progress:
業務進展：
Opened 8 new restaurant locations in Q3 with ongoing expansion in Canada and Mexico.
Significant focus on value offerings and promotional strategies to enhance sales.
Leveraged technology and digital platforms to boost customer access and convenience.
Introduced several new menu items, including a collaborative effort with Tabasco.
第三季度開設了8家新餐廳，持續擴張加拿大和墨西哥業務。
重點關注價值優惠和推廣策略，以增加銷售額。
利用科技和數字平台提升客戶訪問和便利性。
推出了幾款新菜單，包括與Tabasco合作的項目。
Opportunities:
機會：
Capitalized on savings due to more consumers choosing pickup over delivery, aligning with ongoing omnichannel strategy enhancements.
The new XXL pizza at Pizza 73, priced at $19.99, became a popular value offering, boosting sales.
Collaborations and event partnerships like the Calgary Stampede and Montreal's Pride events provided opportunities to enhance brand visibility.
節省了更多消費者選擇取餐而不是外送帶來的收益，與持續的全渠道戰略提升相一致。
Pizza 73推出的新XXL比薩，售價爲19.99美元，成爲受歡迎的價值優惠，提升了銷售額。
與卡爾加里斯汀比德和蒙特利爾驕傲活動等合作和活動夥伴關係提供了提升品牌可見度的機會。
Risks:
風險：
Heightened competition and aggressive promotional tactics by competitors challenged sales volumes and growth.
Economic pressures led to a decline in consumer spending affecting traffic and flat average ticket values in both restaurant brands.
競爭加劇，競爭對手採取激進的促銷策略，對銷售量和增長構成挑戰。
經濟壓力導致消費支出下降，影響了餐廳品牌的客流量和平均券值。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
