A&W Food Services and A&W Revenue Royalty Income Fund have agreed to a strategic combination that will create a leading publicly traded company, subject to customary closing conditions.
The new A&W Food Services will offer a compelling new investment opportunity as a best-in-class Canadian quick service restaurant franchisor, and a number of benefits not available to unitholders in the current structure.
A great investment opportunity AND the same A&W guests know and love.
Learn moreA&W Root Beer. The Burger Family. Chubby Chicken - a powerful lineup of great food and beverages and established brands. With over restaurants in Canada, industry-leading growth, and 2023 System Sales(1) of $1.85 Billion, A&W Food Services of Canada Inc. is focused its mission “Together, to excite Canada’s most avid burger lovers, wherever they are, with the best tasting burgers they crave, earning even more of their visits and making A&W restaurants even more successful”.
The A&W Revenue Royalties Income Fund is listed on the Toronto Stock Exchange (TSE: AW.UN).
Are you interested in franchising? Visit the A&W franchise site.
For more information about the A&W Revenue Royalties Income Fund please contact:
Kelly Blankstein, CFO (CPA)
A&W Revenue Royalties Income Fund
#300 - 171 West
Esplanade
North Vancouver, BC V7M 3K9
Email: investorrelations@aw.ca
Phone: (604) 988-2141
(1) “System Sales” is a non-IFRS financial measure of A&W Food Services of Canada Inc. and is reported in respect of all A&W restaurants. Refer to the “Selected Information" section of Food Services’ Report to Unitholders of A&W Revenue Royalties Income Fund for the year ended December 31, 2023 (the “2023 Report to Unitholders”) for a reconciliation of System Sales to Revenue from Corporate Restaurants, the most comparable IFRS measure, and the “Non-IFRS Measures” section of 2023 Report to Unitholders for further details on how System Sales is calculated and used to assess Food Service's performance. View the 2023 Report to Unitholders.