TORONTO, March 3 /CNW/ - Pizza Pizza Royalty Income Fund (the "Fund") (TSX: PZA.UN) today announced that it will issue its financial results for the quarter and year ended December 31, 2008 at the close of market on March 18, 2009.
The Fund invites analysts and portfolio managers to participate in a conference call with Curt Feltner, Chief Financial Officer and Pat Finelli, Chief Marketing Officer to discuss the results. The call will take place on Thursday, March 19, 2009 at 9:00 a.m. Unitholders and media are also invited to listen to the call.
Details of the Conference Call:
Date: Thursday, March 19, 2009
Time: 9:00 a.m. EST
Call-in number: 416-640-3405 or 1-866-322-2356
Recording call in number: 647-436-0148 or 1-888-203-1112
available until midnight, Wednesday,
April 1, 2009
Reservation number: 6255439
About the Fund
The Fund is a limited purpose, open-ended trust established under the laws of Ontario to acquire the trademarks and trade names used by Pizza Pizza Limited ("the Company") in its Pizza Pizza and Pizza 73 branded restaurants.
A key attribute of the Fund is that royalty revenues are based on top-line, system sales of the Royalty Pool restaurants and not on the profitability of either the Company or the restaurants in the Royalty Pool. The success of the Fund depends primarily on the ability of the Company to maintain and increase system sales of the Royalty Pool and to meet its royalty obligations.
The Fund's trust units are listed on the Toronto Stock Exchange under the symbol PZA.UN.
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