Pizza Pizza Royalty Corp. (PZA) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.016 Ladies and gentlemen, thank you for standing by and welcome to the Pizza Pizza Royalty 00:00:05.016 -- 00:00:09.481 Corp's earnings call for the first quarter of 2025. 00:00:09.481 -- 00:00:14.646 During the presentation, all participants will be in a listen-only mode. 00:00:14.646 -- 00:00:19.391 After the speaker's remarks, there will be a question and answer session. 00:00:19.391 -- 00:00:24.536 If you would like to ask a question during this time, simply press star, then the number 00:00:24.536 -- 00:00:30.043 1 on your telephone keypad. As a reminder, this conference is being recorded 00:00:30.043 -- 00:00:33.308 on May 7, 2025. I will 00:00:33.308 -- 00:00:38.152 now turn the call over to Christine DeSilva, CFO. 00:00:38.555 -- 00:00:42.601 Thank you, and good afternoon, everyone. Welcome to Pizza Pizza Royalty Corp's earnings 00:00:42.601 -- 00:00:45.666 call for the first quarter ended March 31, 2025. 00:00:45.666 -- 00:00:47.368 Joining 00:00:47.368 -- 00:00:53.277 me on the call today is Pizza Pizza Limited's Chief Executive Officer, Paul Goddard. 00:00:53.277 -- 00:00:57.265 Just a quick note, Our discussion today will contain forward-looking statements that 00:00:57.265 -- 00:01:00.590 may involve risks related to future events. 00:01:00.590 -- 00:01:05.317 Actual events may differ materially from the projections discussed today. 00:01:05.317 -- 00:01:09.143 All forward-looking statements should be considered in conjunction with the cautionary 00:01:09.143 -- 00:01:14.411 language in our earnings press release and the risk factors included in our annual 00:01:14.411 -- 00:01:16.714 information form. 00:01:16.714 -- 00:01:21.882 Please refer to our earnings press release and the MD&A in the Investor Relations section 00:...