A&W Revenue Royalties Income Fund (TSX:AW.UN)
C$ 29.14 -0.08 (-0.27%) Market Cap: 425.03 Mil Enterprise Value: 472.78 Mil PE Ratio: 14.45 PB Ratio: 1.91 GF Score: 73/100

Q2 2020 A and W Revenue Royalties Income Fund Earnings Call Transcript

Jul 22, 2020 / 08:00PM GMT
Release Date Price: C$28.82 (+0.73%)
Operator

Good day, and welcome to the A&W Revenue Royalties Income Fund Q2 2020 Results Conference Call. Today's conference is being recorded.

At this time, I'd like to turn the conference over to Ms. Susan Senecal. Please go ahead.

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

Thanks, Stephanie. 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 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 Fund; and Thomas Hughes, the Controller of A&W Food Services. The results we're presenting today are for A&W Revenue Royalties Income Fund for the second quarter ended June 14, 2020.

Same-store sales for the second quarter of 2020 decreased by 31.6% as compared to the same quarter of 2019. Year-to-date same-store sales decreased by 18.7% compared to 2019 year-to-date. Actions required in response to COVID-19

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