{"id":329093,"date":"2024-08-20T23:19:46","date_gmt":"2024-08-20T15:19:46","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=329093"},"modified":"2024-08-20T23:19:48","modified_gmt":"2024-08-20T15:19:48","slug":"trade-the-news-pizza-expects-income-to-recover","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-pizza-expects-income-to-recover\/","title":{"rendered":"Trade the News: PIZZA expects income to recover in 2H 2024"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>Shakey\u2019s Pizza Asia Ventures Inc.<\/td><\/tr>
Stock Code<\/strong><\/td>PIZZA<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Hold<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 13.17<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Shakey\u2019s Pizza Asia Ventures Inc. (PIZZA) expects income to recover in the second half after dropping by 14 percent to P421 million from January to June.<\/p>\n\n\n\n

PIZZA saw systemwide sales accelerate by 14 percent to P10.1 billion in the first half, driven by new stores and sustained growth in same store sales.<\/p>\n\n\n\n

The company opened 210 new units during the six-month period, boosting its network to 2,351 stores and outlets as of end-June. Approximately 13 percent of SPAVI\u2019s network consists of international units. For this year, the company is seeing a mid-teens earnings growth.<\/p>\n\n\n\n

\u201cWe are grateful to be able to sustain our double-digit growth trajectory in these trying times. Our guests are more cautious because of persistent inflationary pressures,\u201d SPAVI president and CEO Vicente Gregorio said.<\/p>\n\n\n\n

Initially a single-brand entity, SPAVI\u2019s portfolio is now comprised of five main brands. Shakey\u2019s continues to serve as the core anchor brand of the group, a platform that provides scale to the entire portfolio.<\/p>\n\n\n\n

\u201cAmid a challenging environment, we see how our group has been reaping the benefits of a multi-brand portfolio. We have different offerings that cater to the needs of our guests \u2013 whether these be large celebrations or daily treats,\u201d Gregorio said.<\/p>\n\n\n\n

\u201cFurthermore, with easing input costs and a better profitability outlook in the second half, we have room to invest in growth and expansion. Hence, we remain cautiously optimistic with our mid-teens growth outlook in both top and bottomline,\u201d he said.<\/p>\n\n\n\n

(News Source: Philippine Star<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-329093","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=329093"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329093\/revisions"}],"predecessor-version":[{"id":329095,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/329093\/revisions\/329095"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=329093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=329093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=329093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}