Earnings call transcript: Boston Pizza fund posts record sales in Q2 2026

Boston Pizza Royalties Income Fund reported record quarterly franchise sales and continued growth in royalty income in Q2 2026, supported by a seventh straight quarter of positive same-restaurant sales. Royalty income rose 2.0% to CAD 10.3 million, while distributable cash increased 3.4% to CAD 8.2 million. The fund's units traded at $22.18, up 0.68% from the previous close.

The company attributed its success to steady traffic trends, a busy promotional calendar, and strategic marketing campaigns, including playoff marketing, FIFA World Cup campaigns, and partnerships with Live Nation. Despite a decline in net income due to a larger fair value loss, the fund's operating performance and cash flow remained strong, indicating a stable business model with consistent growth.

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