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

Q1 2023 A and W Revenue Royalties Income Fund Earnings Call Transcript

May 03, 2023 / 08:00PM GMT
Release Date Price: C$36.95 (-0.94%)
Operator

Good afternoon. My name is Jenny, and I will be your conference operator today. At this time, I would like to welcome everyone to the A&W Revenue Royalties Income Fund Q1 2023 Financial Results Conference Call. (Operator Instructions)

Ms. Susan Senecal, you may begin your conference.

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

Great. Thank you, Jenny, and good afternoon, everyone. 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 Kelly Blankstein, who's the Chief Financial Officer of A&W Food Services and the Fund; and (inaudible) who is the Director of Finance.

Today, we're presenting the Fund's results for the first quarter ended March 26, 2023. I'm pleased to report that A&W has started the year off strong with the Fund achieving Royalty Pool same-store sales growth of 6.1% in the first quarter. The loyalty of our guests and our mission to

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