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

Q2 2021 A and W Revenue Royalties Income Fund Earnings Call Transcript

Jul 28, 2021 / 08:00PM GMT
Release Date Price: C$38.61 (+0.18%)
Operator

Good day, and welcome to the A&W Revenue Royalties Income Fund Q2 2021 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.

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

Thanks, Casey. Good afternoon, everyone, and thank you 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 Kelly Blankstein, who is the Chief Financial Officer of A&W Food Services and the Fund; and Lisa Marzocco, who is our Director of Finance.

Today, we are presenting results of the fund for the second quarter, which ended on June 20, 2021. Same-store sales growth was 33.5% for the second quarter of 2021 as compared to the second quarter of 2020. Year-to-date, same-store sales growth for 2021 is now 12.2% as compared to the same period in 2020. When comparing results of the second

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