A&W Revenue Royalties Income Fund (TSX:AW.UN)
C$ 28.6 0.07 (0.25%) Market Cap: 417.15 Mil Enterprise Value: 464.90 Mil PE Ratio: 14.45 PB Ratio: 1.91 GF Score: 77/100

Q3 2019 A and W Revenue Royalties Income Fund Earnings Call Transcript

Oct 16, 2019 / 08:00PM GMT
Release Date Price: C$37.7 (-2.46%)
Operator

Good day, everyone, and welcome to the A&W Revenue Royalties Income Fund Q3 2019 Results Conference Call. Today's call is being recorded. At this time, I would like to turn the conference over to Susan Senecal. Please go ahead.

Susan D. Senecal
A&W Revenue Royalties Income Fund - President & CEO

Thanks, Lynette. Good afternoon, everyone, and thanks for taking the time to attend our call today. I'm Susan Senecal, President and CEO of A&W Food Services of Canada, Inc. and CEO of the A&W Revenue Royalties Income Fund. With me on the call today is Don Leslie, who's the Chief Financial Officer of A&W Food Services and the Fund; [Jenna Judith,] Controller of A&W Food Services; and Lisa Marzocco, the Director of Finance of A&W Food Services.

The results we're presenting today are for A&W Revenue Royalties Income Fund for the third quarter ended September 8, 2019. We're pleased to report that A&W restaurants achieved another quarter of positive sales performance with same-store sales growth of 1.2%. This result is

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