The fast food income fund says the increase for the quarter ended
The fund, which earns royalties on the gross sales of restaurants in a royalty pool, says gross sales reported by A&W restaurants in the pool totalled
The number of restaurants in the pool rose to 1,037 compared with 1,015 in the same quarter last year.
Meanwhile, the royalty pool same-store sales growth was 1.1 per cent for the quarter.
The fund's payout ratio for the quarter was 81.3 per cent compared with 80.3 per cent for the same quarter in 2022.
This report by The Canadian Press was first published
Companies in this story: (TSX:AW.UN)
© 2023 The Canadian Press. All rights reserved., source