August 27, 2016 10:11 PM ET

Hotels, Restaurants and Leisure

Company Overview of A&W Food Services of Canada Inc.

Company Overview

A&W Food Services of Canada Inc. develops and franchises quick-service restaurants in Canada. Its restaurants offer burgers, chubby chicken, sides, drinks, breakfast, and drinks. As of January 3, 2016, the company operated 854 restaurants, including 845 franchised and 9 corporately owned and operated restaurants. A&W Food Services of Canada Inc. was founded in 1956 and is based in North Vancouver, Canada.

171 West Esplanade

Suite 300

North Vancouver, BC V7M 3K9

Canada

Founded in 1956

Key Executives for A&W Food Services of Canada Inc.

Chairman, Chief Executive Officer, Chief Executive Officer of A&W Trade Marks Inc and Chief Executive Officer of A&W Revenue Royalties Income Fund
President and Chief Operating Officer
Chief Financial Officer
Corporate Secretary and Director
Vice President of New Restaurant Expansion
Compensation as of Fiscal Year 2016.

A&W Food Services of Canada Inc. Key Developments

A&W Food Services of Canada Inc. Plans to Open 300 New Restaurants in Canada over the Next Five Years

A&W Food Services of Canada Inc. plans to open 300 new restaurants in Canada over the next five years, including 100 in Qubec.

A&W Revenue Royalties Income Fund and A&W Food Services of Canada Inc. Add 32 New Restaurants to Royalty Pool

A&W Revenue Royalties Income Fund and A&W Food Services of Canada Inc. announced that, effective January 5, 2016, the number of A&W restaurants for which royalties are paid to A&W Trade Marks Limited Partnership will be increased by 32 new restaurants that were opened across Canada between September 4, 2014 and September 3, 2015, less eight restaurants that were permanently closed during this period.

A&W Food Services of Canada Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 6, 2015

A&W Food Services of Canada Inc. reported earnings results for the third quarter and nine months ended September 6, 2015. For the quarter, sales reported by the 814 A&W restaurants in the Royalty Pool were $261,177,000 for the quarter, an increase of 11.4% from the same quarter of the prior year. Royalty income increased by $804,000 or 11.4% from $7,031,000 in the third quarter of 2014 to $7,835,000 in the third quarter of 2015. Net income was $4,386,000 against $4,550,000 a year ago. For the nine months, sales increased by 11.6% to $712,735,000. The increase in Royalty Pool sales during the quarter and year to date reflect the same store sales increases of 8.3% for the quarter and 8.8% year to date, and the sales of the 24 net new restaurants added to the Fund's Royalty Pool in January 2015. Royalty income increased by $2,217,000 or 11.6% from $19,165,000 in 2014 to $21,382,000 in 2015 year to date. Net income was $13,613,000 against $11,143,000 a year ago.

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