A&W Food Services of Canada Inc. develops and franchises quick-service restaurants in Canada. Its restaurants offer beef, chicken, and egg burgers. As of December 28, 2014, the company operated approximately 831 A&W restaurants. It also sells A&W Root Beer concentrates. The company was founded in 1956 and is based in North Vancouver, Canada.
171 West Esplanade
North Vancouver, BC V7M 3K9
Founded in 1956
A&W Food Services of Canada Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 6, 2015
Oct 13 15
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.
A&W Food Services of Canada Inc. Announces Management Changes
Aug 18 15
A&W Food Services of Canada Inc. announced several management changes. The first is that Paul Hollands, who is currently President and Chief Executive Officer of A&W Food Services, has been appointed Chair and Chief Executive Officer. The current Chair, Jeff Mooney, will continue to serve as Chairman Emeritus and a Director of A&W Food Services, and he will also remain as a director of A&W Trade Marks Inc. Mr. Hollands will also continue to hold his position as Chief Executive Officer of A&W Revenue Royalties Income Fund (the Fund). At the same time, Susan Senecal has been promoted to the newly created position of President and Chief Operating
Officer of A&W Food Services. Ms. Senecal has 23 years' experience with the company, most recently as Chief
Marketing Officer.Â This appointment recognizes Ms. Senecal's experience in all areas of the business including
marketing, operations, franchising and real estate.
A&W Food Services of Canada Inc. to Report Q2, 2014 Results on Jul 22, 2014
Jul 22 14
A&W Food Services of Canada Inc. announced that they will report Q2, 2014 results on Jul 22, 2014