On Wednesday, Boston Pizza Royalties (TSX:BPF) discussed first-quarter financial results during its earnings call.
The full transcript is provided below
View the webcast at https://event. Summary BPF.UN reported franchise sales of $238.4 million in Q1 2026, a 3.1% increase from the previous year, driven by promotional initiatives and increased takeout and delivery traffic. The Fund posted royalty income of $9.5 million and distribution income of $3.1 million, both showing marginal increases from Q1 2025.
Net and comprehensive income rose to $2 million for Q1 2026, primarily due to a $7.4 million increase in fair value gain. BPF.UN launched several promotional initiatives, including Pasta Tuesday and heart-shaped pizzas for Valentine’s Day, raising $650,000 for local charities. The company closed two restaurants in Q1 but has construction underway for new locations in Revelstoke, B.C., and Dryden, Ontario, among others.