Q4 2022 Pizza Pizza Royalty Corp Earnings Call Transcript

Mar 07, 2023 / 10:30PM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Pizza Pizza Royalty Corp.'s Earnings Call for the Fourth Quarter of 2022. (Operator Instructions) As a reminder, this conference is being recorded on Tuesday, the 7th of March 2023.

I will now turn the conference over to Alexander Sewrattan, Director of Finance.

Alexander Sewrattan - Pizza Pizza Royalty Corp. - Director of Finance

Thank you, and welcome to the call. Today, we'll be discussing the 2022 fourth quarter results for Pizza Pizza Royalty Corp. For complete details on the financial results, please see our fourth quarter materials filed earlier today on SEDAR or visit the Investor Relations section of Pizza Pizza's website. The Royalty Corp. is a top line restaurant Royalty Corp. that earns a monthly royalty through a lease agreement with Pizza Pizza Limited. In exchange for the use of the Pizza Pizza and Pizza 73 trademarks in its restaurant operations, Pizza Pizza pays a monthly royalty to the partnership calculated as a percentage of Royalty Pool sales.

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