Q3 2020 A and W Revenue Royalties Income Fund Earnings Call Transcript
Good day, and welcome to the A&W Revenue Royalties Income Fund Q3 2020 Results Conference Call. Today's conference is being recorded.
At this time, I would like to turn the conference over to Ms. Susan Senecal. Please go ahead, ma'am.
Thanks very much. Good afternoon, everyone, and thanks for taking the time to attend our call today. I'm Susan Senecal. I'm President and CEO of A&W Food Services of Canada and CEO of the A&W Revenue Royalties Income Fund. With me on the call today is Don Leslie, who's Chief Financial Officer of A&W Food Services and the Fund; and Thomas Hughes, the controller of A&W Food Services.
The results that we're presenting today are for A&W Revenue Royalties Income Fund for the third quarter ended September 6, 2020.
Same-store sales for the third quarter of 2020 decreased by 12.7% as compared to the same quarter of 2019, and year-to-date same-store sales have now decreased by 16.5% compared to 2019 year-to
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