Randall Gier, CEO of Pizza Inn Holding, bought 15,000 shares of Pizza Inn Holding (Stock Symbol: PZZI) at $5.63 per share for a total amount of $84.5 thousand on March 27, 2014.
Pizza Inn Holding is based in The Colony, Texas.
On March 26, 2014, Pizza Inn Holding announced that Chris Smith has been promoted to Senior Vice President of Operations for Pie Five Pizza. He had been Vice President since January 2013. In this new role, Smith will now oversee Real Estate and Construction, along with other operational areas. His prior industry experience includes successful tenures in the operations divisions at Chipotle Mexican Grill and Smashburger.
February 12, 2014, Pizza Inn Holding announced its latest quarterly results. The Company had a net loss in the second quarter of $0.4 million compared to a net loss of $0.1 million for the comparable period in the prior fiscal year. The increase in net loss from prior year was primarily due to higher costs related to the continued development of the Pie Five concept as well as lower revenue earned from franchising and food and supply distribution, partially offset by higher revenue from Company-owned restaurants.
According to Capital IQ, Pizza Inn Holding has a market cap of $49.1 million, an enterprise value of $50.68 million, and trailing 12 month revenues of $41.24 million.
Pizza Inn Holdings, Inc., together with its subsidiaries, operates and franchises pizza buffet, delivery/carry-out (delco), and express restaurants under the Pizza Inn trademark in the United States and internationally. Its buffet restaurants offer dine-in, carryout, and catering service, as well as delivery service and are located in free standing buildings or strip centers. The companys delco restaurants provide delivery and carryout services and are located in shopping centers or other in-line retail developments. Its Express restaurants serve customers through various non-traditional points of sale and are located in convenience store, food courts, college campuses, airport terminals, athletic facilities, or other commercial facilities. The company also operates fast-casual pizza restaurants under the Pie Five Pizza Company or Pie Five trademark. As of February 12, 2014, it owned and franchised approximately 300 restaurants. Pizza Inn Holdings, Inc. was founded in 1958.
Randall Gier’s most recent annual compensation from Pizza Inn Holding is a salary of $212,000, $144,513 in other compensation, and a total compensation of $356,515. Mr. Gier is 53 years old.
According to his biography, Mr. Randall E. Gier is President and Chief Executive Officer of of Pizza Inn, Inc in November 2012. Mr. Gier is a member and manager of Savvy Fare Restaurants LLC, which he co-founded in 2010 and which operates Cedars Woodfire Grill restaurants. From 2010 until January 2012, he served as the Chief Marketing Officer for Borden Dairy Company. From 2004 to 2009, Mr. Gier served as Executive Vice President of Marketing and R&D for Dr. Pepper Snapple Group, Inc. and its predecessor, the North American beverage business of Cadbury Schweppes, plc. From 2002 to 2004, he was the Chief Marketing Officer for Yum! Brands International. From 1997 to 2002, Mr. Gier was Chief Marketing Officer for Pizza Hut Inc., and from 1996 to 1997 was Chief Marketing Officer for KFC Corporation.
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