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

Q4 2021 A and W Revenue Royalties Income Fund Earnings Call Transcript

Feb 16, 2022 / 09:00PM GMT
Release Date Price: C$40.33 (-0.54%)
Operator

Good day, everyone, and welcome to the A&W Revenue Royalties Income Fund Q4 2021 Results Conference Call. Today's call is being recorded. And now at this time, I would like to turn the call over to Susan Senecal. Please go ahead.

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

Thanks so much. 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 Kelly Blankstein, who is the Chief Financial Officer of A&W Food Services and the Fund; and Lisa Marzocco, who's our Director of Finance.

Today, we're presenting the fund's results for the fourth quarter, which ended on December 31, 2021, and I'm pleased to report that we ended the year with a strong fourth quarter. Royalty Pool same-store sales growth was 13.8% as compared to the fourth quarter of 2020, bringing the annual Royalty Pool same-store sales growth for 2021 to 14%. Due to the

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