eResearch Issues Perspective on SIR Royalty Income Fund


Follow this company

Companies Mentioned

TSX:SRV.UN
11/26/2012 [ACCESSWIRE] SIR Royalty Income Fund has an equity investment in SIR Royalty Limited Partnership and a debt investment in the private company, SIR Corp. The Partnership owns the Canadian trademarks for the operation of the following SIR restaurants: Jack Astor's, Canyon Creek, Alice Fazooli's, and the Signature restaurant group (reds, Far Niente, FOUR, Petit Four, and The Loose Moose).

SIR Royalty Income Fund reported third-quarter results ended September 30, 2012, with net earnings of $0.27 per unit compared with $0.26 a year earlier. A continuing strong performance by the Jack Astor restaurant chain, as well as improving same-store-sales growth at the Canyon Creek operations, led to the SIR Royalty Income Fund reporting further gains in SSSG, royalty income, and net income for Q3/2012.

Read more here:  SIR Income Fund

eResearch is a primary source for professional investment research, focused primarily on small- and mid-cap companies. Our research and analysis is of institutional quality, and has the potential for reaching millions of global investors through our extensive electronic distribution network.

eResearch posts all its reports and articles on its website, eresearch.ca, and subscription is FREE.

Contact:
eResearch: Bob Weir, CFA, Director of Research
Telephone: (416) 703-6258 Ext 221; E-mail: bweir@eresearch.ca
 
COMMENTS

Leave a comment...
 * 

Your Name
 *