Boston Pizza Q3 earnings (10:10 am eastern)

The Q3 report for BP Royalties is out and same store sales were stronger than I would have expected given the thinking that Alberta would be a drag. Franchise sales upon which the royalty is collected were up 2.6% on a same store basis. Distributable cash is up strongly. The distribution was not increased but there appears to be room to increase it and that will likely occur in early 2016. Meanwhile the unit price was up only a few cents this morning. I may add to my position today.