Q1 2022 A and W Revenue Royalties Income Fund Earnings Call Transcript
Good day, and welcome to the A&W Revenue Royalties Income Fund Q1 2022 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.
Thanks, Lillian. Hello, everyone. Good afternoon, and thanks for taking the time to attend our phone 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 are Kelly Blankstein, who is the Chief Financial Officer of A&W Food Services and the Fund; and Lisa Marzocco, who is the Director of Finance. Today, we're presenting the Fund's results for the first quarter, which ended on March 21, 2022.
I'm pleased to report that A&W has started off the year in a strong way with the Fund achieving Royalty Pool same-store sales growth of 11.5% in the first quarter. The unwavering commitment and loyalty from A&W's guests, franchisees,
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