Boston Pizza Royalties Income Fund Reports Q1 Earnings and Sales Growth
Boston Pizza Royalties Income Fund reported a 3.1% increase in first-quarter franchise sales to CAD 238.4 million, driven by higher guest traffic and promotional initiatives. Distributable cash rose to CAD 7.5 million with an increased monthly distribution of 3.3%. The company plans continued growth through new restaurant projects and seasonal promotions.
Topics: distributable cash franchise sales promotions restaurant industry