Latest news with #BostonPizzaRoyaltiesIncomeFund
Cision Canada
03-07-2025
- Business
- Cision Canada
BOSTON PIZZA ROYALTIES INCOME FUND ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING VOTING
Toronto Stock Exchange: VANCOUVER, BC, July 3, 2025 /CNW/ - Boston Pizza Royalties Income Fund (the " Fund") (TSX: is pleased to announce the voting results from its annual general meeting of unitholders held on Thursday, July 3, 2025 in Richmond, British Columbia. Marc Guay, Paulina Hiebert and Shelley Williams were re-elected to the Board of Trustees of the Fund for the ensuing year. Marc Guay will continue in the role of Chair of the Fund. A total of 5,455,891 units and other securities with voting entitlements for the Fund (together, the " Voting Units") were represented at the meeting, being 22.23% of the Fund's issued and outstanding Voting Units. Detailed results of the ballot votes are provided below: At the meeting, by a vote by show of hands, KPMG LLP was appointed as the auditor of the Fund for the ensuing year and the Trustees of the Fund were authorized to fix the remuneration of the auditor. ABOUT US The Fund is a limited purpose open ended trust with an excellent track record for investors since its IPO in 2002. Including the May 2025 distribution which was paid on June 30, 2025, the Fund has paid out 269 monthly distributions and three special distributions totaling $465.5 million or $28.03 per unit. The Fund earns revenue based on the franchise system sales of the 372 Boston Pizza restaurants in the Fund's royalty pool. Boston Pizza is the premier casual dining brand in Canada. The first Boston Pizza restaurant opened in Edmonton, Alberta in 1964 and over 60 years later Boston Pizza proudly remains a 100% Canadian company serving communities from coast-to-coast-to-coast. It boasts a vast network of local franchise owners who collectively operate the largest number of dining rooms, sports bars, and patios across the nation, complemented by robust takeout and delivery services. Boston Pizza International Inc. has been recognized as a Franchisees' Choice Designation winner and a Platinum Member of Canada's 50 Best Managed Companies for many years, and has received awards from Great Place To Work in the categories of Best Workplaces: in Canada – 100-999 Employees, in British Columbia, in Retail & Hospitality, for Mental Wellness, for Women, for Giving Back, and with Most Trusted Executive Teams. The trustees of the Fund have approved the contents of this news release. SOURCE Boston Pizza Royalties Income Fund
Cision Canada
24-04-2025
- Business
- Cision Canada
BOSTON PIZZA ROYALTIES INCOME FUND AND BOSTON PIZZA INTERNATIONAL INC. TO ANNOUNCE 2025 FIRST QUARTER RESULTS ON MAY 9TH
The Toronto Stock Exchange: VANCOUVER, BC, April 24, 2025 /CNW/ - Boston Pizza Royalties Income Fund (the " Fund") (TSX: and Boston Pizza International Inc. (" BPI") announced today that they will issue 2025 first quarter results via news release and on the Fund's website at on the morning of May 9, 2025. The Fund will host a conference call with BPI's President, Jordan Holm and Chief Financial Officer, Michael Harbinson to discuss the results for the first quarter which ended on March 31, 2025. The call will take place on Friday, May 9, 2025 at 8:30 a.m. Pacific Time (11:30 a.m. Eastern Time). To participate in this conference call, please dial the following toll-free number approximately ten minutes prior to the commencement of the call: 1-833-821-3078 or 1-647-846-2537 A replay will be available until June 9, 2025 on the Fund's website or by dialing: 1-855-669-9658 or 1-412-317-0088 and enter the access code: 4873669 followed by # sign. The Fund is a limited purpose open ended trust with an excellent track record for investors since its IPO in 2002. Including the March 2025 distribution which is payable on April 30, 2025, the Fund will have paid out 267 monthly distributions and three special distributions totaling $460.7 million or $27.80 per unit. The Fund earns revenue based on the franchise system sales of the 372 Boston Pizza restaurants in the Fund's royalty pool. Boston Pizza is the premier casual dining brand in Canada. The first Boston Pizza restaurant opened in Edmonton, Alberta in 1964 and over 60 years later Boston Pizza proudly remains a 100% Canadian company serving communities from coast-to-coast-to-coast. It boasts a vast network of local franchise owners who collectively operate the largest number of dining rooms, sports bars, and patios across the nation, complemented by robust takeout and delivery services. Boston Pizza International Inc. has been recognized as a Franchisees' Choice Designation winner and a Platinum Member of Canada's 50 Best Managed Companies for many years, and has received awards from Great Place To Work in the categories of Best Workplaces: in Canada – 100-999 Employees, in British Columbia, in Retail & Hospitality, for Mental Wellness, for Women, for Giving Back, and with Most Trusted Executive Teams. The trustees of the Fund have approved the contents of this news release. SOURCE Boston Pizza Royalties Income Fund
Yahoo
12-02-2025
- Business
- Yahoo
Pizza Market to Grow by USD 70.1 Billion from 2025-2029, Driven by Rising Consumption in Developing Countries, Report on How AI is Driving Market Transformation
NEW YORK, Feb. 11, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global pizza market size is estimated to grow by USD 70.1 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 6.8% during the forecast period. Increasing consumption of pizza in developing countries is driving market growth, with a trend towards growing popularity of online food orders through portals and mobile apps. However, fluctuation in prices of food commodities poses a challenge. Key market players include Boston Pizza Royalties Income Fund, California Pizza Kitchen Inc., CEC Entertainment Concepts L.P., CICI ENTERPRISES LP, Dominos Pizza Inc., FAT Brands Inc., Godfathers Pizza Inc., Hungry Howie Pizza and Subs Inc., La Pinoz Pizza, Little Caesar Enterprises Inc., Marcos Franchising LLC, Mellow Mushroom Pizza Bakers, MOD Super Fast Pizza LLC, MTY Food Group Inc., Papa Johns International Inc., Pizza Nova Take Out Ltd., PizzaExpress Restaurants Ltd., Retail Food Group Ltd., Spizzico Italian Kitchen, and YUM Brands Inc.. Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF Pizza Market Scope Report Coverage Details Base year 2024 Historic period 2019 - 2023 Forecast period 2025-2029 Growth momentum & CAGR Accelerate at a CAGR of 6.8% Market growth 2025-2029 USD 70.1 billion Market structure Fragmented YoY growth 2022-2023 (%) 6.3 Regional analysis North America, Europe, APAC, Middle East and Africa, and South America Performing market contribution North America at 40% Key countries US, France, Canada, UK, Germany, China, Italy, India, Japan, and Brazil Key companies profiled Boston Pizza Royalties Income Fund, California Pizza Kitchen Inc., CEC Entertainment Concepts L.P., CICI ENTERPRISES LP, Dominos Pizza Inc., FAT Brands Inc., Godfathers Pizza Inc., Hungry Howie Pizza and Subs Inc., La Pinoz Pizza, Little Caesar Enterprises Inc., Marcos Franchising LLC, Mellow Mushroom Pizza Bakers, MOD Super Fast Pizza LLC, MTY Food Group Inc., Papa Johns International Inc., Pizza Nova Take Out Ltd., PizzaExpress Restaurants Ltd., Retail Food Group Ltd., Spizzico Italian Kitchen, and YUM Brands Inc. Market Driver The Pizza Market is booming with Italian and American-style pizzas leading the trend. Consumers enjoy various options like French fries, salad, garlic bread, gourmet pizzas, vegetarian, and vegan pizzas, catering to plant-based diets and cultural preferences. Raw materials include wheat, water, yeast, salt, olive oil, tomato sauce, mozzarella cheese, vegetables, meats, seafood, herbs, and pepperoni. Pizza's worldwide popularity fuels the market's growth in developing economies due to rapid Westernization and technical advancements like robotic automation and ghost kitchens. Leading market players use marketing campaigns, competitive prices, discounts, and combo offers to attract customers. Healthier product variants, such as whole wheat crusts and gluten-free options, cater to diverse dietary needs. Convenience is key, with online ordering, delivery services like DoorDash and Grubhub, and ready-to-eat and frozen food items. Ethical practices, sustainability, and locally sourced ingredients are essential for brand recognition and customer loyalty. Non-vegetarian pizzas offer savory profiles with toppings like BBQ chicken, sausage, and bacon. Vegetarian and vegan pizzas feature plant-based proteins and cheese alternatives. Crust types include thick, thin, and stuffed, with substantial sizes appealing to consumers. Pizza consumption is common in social gatherings, parties, and cultural events. Effective marketing strategies, convenient dining experiences, and brand presence in urban centers, suburbs, and transportation hubs contribute to the market's growth. Online ordering systems offer several advantages for pizza markets over traditional telephone orders. During peak hours, online platforms prevent lost orders due to engaged phone lines. Consumers also tend to spend more when ordering digitally, thanks to engaging menus. Mobile apps further expand customer bases by offering takeaway and delivery options. Feedback from consumers on these platforms is valuable for businesses, contributing to continuous improvement. The shift towards online ordering has significantly impacted the pizza market's growth. Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution! Market Challenges The Pizza Market is a thriving industry, with Italian pizzas leading the way in worldwide popularity. Consumers enjoy various pizza options such as gourmet pizzas, vegetarian, and vegan pizzas, catering to plant-based diets and cultural preferences. Challenges include sourcing raw materials like wheat, water, yeast, salt, olive oil, tomato sauce, mozzarella cheese, vegetables, meats, seafood, herbs, and pepperoni. Pizza consumption is widespread, from social gatherings and parties to developing economies undergoing rapid Westernization. Technical advancements, including robotic automation and ghost kitchens, streamline production. Marketing campaigns and competitive pricing, discounts, and combo offers attract a loyal customer base. Pizza chains and leading market players offer diverse pizza options, including BBQ chicken, cauliflower crusts, and healthier product variants. Convenience is key, with online ordering, delivery services like DoorDash and Grubhub, and ready-to-eat and frozen food items. Ethical practices, sustainability, and locally sourced ingredients are essential for brand presence and recognition. Non-vegetarian pizzas with savory profiles and textures, such as sausage and bacon, coexist with vegetable toppings and plant-based proteins and cheese alternatives. Crust types, including thick, thin, and stuffed, cater to various preferences. The pizza market outlook remains positive, with substantial size and effective marketing strategies. The cost of producing pizza can be influenced by the price fluctuations of essential raw materials like wheat, vegetables, tomato sauce, meat, and cheese. The gap between demand and supply for these items has caused significant increases in their costs for vendors in recent years. This rise in raw material prices not only increases manufacturing costs but also decreases profit margins. To remain competitive, pizza manufacturers may experiment with cheaper alternatives. The pricing of raw materials is determined by suppliers, who can set competitive or varying prices. Unforeseen events, such as adverse weather conditions, national emergencies, government regulations, natural disasters, supply shortages, or other unexpected occurrences, can also impact the availability and price of raw materials. Discover how AI is revolutionizing market trends- Get your access now! Segment Overview This pizza market report extensively covers market segmentation by Distribution Channel Type Geography 1.1 Quick service restaurants (QSR)- Quick Service Restaurants (QSRs), such as those offering pizza and burgers, have gained popularity due to their efficient and cost-effective business model. These restaurants provide specific menu items that require minimal preparation time and are delivered via express service. QSRs are known for their standardized, modular processes, which help reduce delivery times while maintaining food quality. The increase in urbanization and lower setup costs have led to a rise in QSRs, with India's QSR chain reporting a growth of 20-25% in the fiscal year 2023. Major fast food chains, like Dominos and Pizza Hut, are expanding their business and hiring more staff, even in tier 2 and 3 cities with little competition for food delivery. The high return on investment and savings on expenses, such as space, furniture, and air conditioning, make QSRs a practical business format. Thus, the QSR market is expected to grow significantly during the forecast period. Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics Research Analysis Pizza, a beloved global food staple, continues to evolve with the growing trend towards plant-based diets. Vegetarian and vegan pizzas are increasingly popular, featuring an array of delectable toppings such as vegan cheese, plant-based meats, and colorful vegetables. Whole wheat and gluten-free crusts cater to various dietary needs, while BBQ chicken and pepperoni remain crowd-pleasers. Pizzerias, delivery services, and online ordering platforms make it easy for consumers to enjoy their favorite pizzas from the comfort of their homes. Supermarkets and convenience stores offer ready-to-bake pizzas for those who prefer cooking at home. Sustainability and convenience are key considerations for many pizza providers, with a focus on locally sourced raw materials and eco-friendly packaging. Gourmet pizzas, garlic bread, French fries, and salad complete the menu, providing a satisfying experience for all palates. Brand recognition and innovation drive competition among pizza chains, ensuring a diverse and delicious selection for pizza lovers everywhere. Market Research Overview The Pizza Market has gained worldwide popularity due to its Italian origins and versatile offerings. Italian staples like tomato sauce, mozzarella cheese, and fresh vegetables are at the heart of this beloved dish. However, modern pizzerias and restaurants have expanded the menu to include French fries, Salad, Garlic bread, Gourmet pizzas, Vegetarian, and Vegan pizzas, catering to various dietary preferences. Raw materials such as wheat, water, yeast, salt, olive oil, and herbs are essential for creating the perfect pizza base. Ingredients like cheese, vegetables, meats, seafood, and pepperoni add to the diverse pizza options. Delivery services like DoorDash and Grubhub, as well as Online ordering, have made pizza more accessible than ever. Convenience stores and supermarkets offer ready-to-eat and frozen food items for minimal preparation. The pizza market outlook is positive, with the convenience factor, competitive prices, discounts, and combo offers attracting a loyal customer base. Pizza chains have expanded their offerings to include healthier product variants, locally sourced ingredients, and ethical practices. Technical advancements like robotic automation and ghost kitchens have streamlined production, while marketing campaigns and globalization have led to cultural integration and the spread of international cuisines and flavors. Pizza consumption is a staple in social gatherings, parties, and developing economies undergoing rapid Westernization. Non-vegetarian pizzas with savory profiles and textures, as well as vegetarian and vegan options with plant-based proteins and cheese alternatives, cater to diverse tastes and dietary needs. Crust types, including thick, thin, and stuffed, and substantial sizes add to the pizza experience. Full-service restaurants offer a convenient dining experience, while fast food services provide takeout and delivery options. Effective marketing strategies, brand presence, and loyalty programs contribute to the brand recognition and customer base of leading players in the pizza market. Table of Contents: 1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation Distribution Channel Type Geography 7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: media@ View original content to download multimedia: SOURCE Technavio
