Q3 2021 A and W Revenue Royalties Income Fund Earnings Call Transcript

Feb 12, 2024

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Oct 20, 2021 / 08:00PM GMT
Operator

Good day, and welcome to the A&W Revenue Royalties Income Fund Q3 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

Thank you, 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, 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 is our Director of Finance. Today, we're presenting the results for the fund for the third quarter, which ended on September 12, 2021.

We had a very strong third quarter with same-store sales growth of 16.8% as compared to the third quarter of 2020. This brings the year-to-date same-store sales growth for 2021 to 14% as compared to the same period in 2020. And as a

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