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Boston Pizza Royalties Income Fund (BPF_u.TO)

BPF_u.TO on Toronto Stock Exchange

16.40CAD
13 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Boston Pizza Royalties Income Fund announces third quarter 2017 results
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Boston Pizza Royalties Income Fund ::Announces third quarter 2017 results including distributable cash per unit increase of 3.5 percent and payout ratio of 88.4 percent.Franchise sales of $221.5 million for Q3 of 2017 increased by 2.8 percent versus one year ago​.Qtrly ‍same store sales growth of positive 0.4 percent​.System-wide gross sales of $286.7 million for quarter, representing an increase of 1.8 percent​.Qtrly diluted earnings per unit $0.02‍​.  Full Article

Boston Pizza announces senior management change
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Boston Pizza Royalties Income Fund :Boston Pizza announces senior management change.Says CEO and President Mark G. Pacinda to retire.Boston Pizza Royalties Income Fund - ‍Pacinda will also resign as a director​.  Full Article

Boston Pizza International to internally reorganize
Wednesday, 20 Sep 2017 

Sept 19 (Reuters) - Boston Pizza Royalties Income Fund :Boston Pizza International Inc. announces plans for internal reorganization.Co and Boston Pizza International Inc announced plans for orderly succession of ownership at BPI.Reorganization will involve BPI obtaining new senior credit facilities in amount of $50 million from Bank of Montreal.Boston Pizza franchisees will be unaffected by reorganization.Economic terms of relationship between fund and BPI will not change.  Full Article