A&W Reports Increased Royalty Income and Sales Growth

A&W Revenue Royalties (TSE:AW.UN) has released an update.

A&W Revenue Royalties Income Fund reports a 5.3% year-over-year increase in royalty income and a 2.7% growth in same-store sales for the year, driven by average check size growth and new menu innovations. The addition of 22 net new restaurants and an extra day in Q4 also contributed to the improved performance. The company’s leadership remains optimistic about the strategy to excite burger enthusiasts and enhance A&W’s market presence amid economic uncertainties.

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