Pizza Pizza Royalty Corp. (PZA) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.977 Ladies and gentlemen, thank you for standing by and welcome to the Pizza Pizza Royalty 00:00:03.977 -- 00:00:06.942 Corps' earning call for the second quarter of 2025. 00:00:06.942 -- 00:00:13.489 During the presentation, all participants will be in a listen-only mode. 00:00:13.592 -- 00:00:18.320 After the speakers' remarks, there will be a question and answer session. 00:00:18.320 -- 00:00:22.567 As a reminder, this conference is being recorded on August 7th, 2025. 00:00:22.567 -- 00:00:24.927 At this time, 00:00:25.211 -- 00:00:28.820 all lines will be in listen-only mode. 00:00:28.820 -- 00:00:33.326 Following the presentation, we will conduct a question and answer session. 00:00:33.326 -- 00:00:37.491 I would now like to turn the conference over to Christine DeSilva, CFO. 00:00:37.491 -- 00:00:39.911 Please go ahead. 00:00:40.074 -- 00:00:44.439 Thank you. Good afternoon, everyone, and welcome to Pizza Pizza Royalty Corp's earnings 00:00:44.439 -- 00:00:49.165 call for the second quarter ended June 30th, 2025. 00:00:49.165 -- 00:00:54.807 Joining me on the call today is Pizza Pizza Limited's Chief Executive Officer, Paul Doddett. 00:00:54.807 -- 00:00:59.152 Just a quick note, our discussion today will contain forward-looking statements that 00:00:59.152 -- 00:01:02.296 may involve risks relating to future events. 00:01:02.296 -- 00:01:06.921 Actual events may differ materially from the suggestions discussed today. 00:01:06.921 -- 00:01:10.745 All forward-looking statements should be considered in conjunction with cautionary language 00:01:10.745 -- 00:01:16.612 in our earnings release and the risk section included in our annual information form. 00:01:16.612 -- 00:01:21.057 Please refer to our earnings release and the MDNA in...