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

Q4 2023 A and W Revenue Royalties Income Fund Earnings Call Transcript

Feb 28, 2024 / 09:00PM GMT
Release Date Price: C$31.09 (+0.75%)
Operator

Good afternoon, ladies and gentlemen, and welcome to the A&W Revenue Royalties Income Fund Q4 2023 financial results conference. (Operator Instructions)

Also note that the call is being recorded on Wednesday, February 28, 2024.

And I would like to turn the conference over to Susan Senecal. Please go ahead.

Susan Senecal
A and W Revenue Royalties Income Fund - President, Chief Executive Officer

Thanks, Sylvie, and good afternoon, everyone. 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 Kelly Blankstein, who's the Chief Financial Officer of A&W Food Services and the Fund; and [Fern Glowinsky], who is the Director of Finance.

Today, we're presenting the fund's results for the fourth quarter and year ended December 31, 2023. I'm pleased to report that A&W achieved royalty pool same-store sales growth of 2.1% in the fourth quarter as compared to the fourth

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