Stocks that can benefit from COVID restrictions easing in Canada

January 25, 2022 02:57 AM EST | By Team Kalkine Media

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Lets take a look at two TSX stocks that might be reaping the gains. • Pizza Pizza Royalty Corp. The Toronto-based foodservice company saw its Royalty Pool system sales increase by 3.5 per cent year-over-year to C$ 129 million in the third quarter of financial year 2021. Pizza Pizza Royalty Corp also paid a monthly dividend of C$0.06 apiece to its shareholders earlier in January this year. • Next is Cineplex, which saw a revenue of C$ 250.4 million in the third quarter of financial year 2021, as compared to C$ 61 million a year ago. The movie theatre company recorded an adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization of C$ 48.6 million in the latest quarter, as compared to loss of C$ 28.9 million in the third quarter of 2020.

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