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Posted by
Two Blokes Tue at 2:45 PM -
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Casual dining, especially full-service restaurants, saw a surge in traffic due to value deals, outperforming fast-casual spots in early 2024. Boston Pizza's same-store sales grew 4.4% YoY, driven by targeted promotions and value-for-money deals, despite macroeconomic pressures. Distributable cash per unit is CAD$0.344, with a payout ratio over 100%, suggesting slower dividend growth unless same-store sales or new openings increase.
