Boston Pizza Royalties Income Fund Earnings Recaps
Q3 2025
Nov 12, 2025
Boston Pizza reported record franchise sales in Q3 2025, driven by effective promotional initiatives and strong performance in takeout and delivery, demonstrating robust year-over-year growth.
Key takeaways
- Franchise sales reached $248.9 million for the quarter, up 4.3% year-over-year, with same-restaurant sales increasing by 4.1%.
- The Fund's royalty income was $10 million, a 5.3% increase from the prior year.
- The introduction of new marketing promotions, including a partnership with Live Nation, significantly boosted customer engagement and sales.
- Year-to-date net and comprehensive income rose to $31.1 million, up from $25.3 million in 2024.
- Cash flows from operating activities improved to $29.8 million year-to-date, reflecting increased royalty and distribution income.