Canadian burger chain A+W cites “poor winter weather” in most regions and “economic challenges” in its Alberta and Saskatchewan markets for flat sales in its first quarter. The Vancouver-based burger and root beer chain on Tuesday booked total sales of $245.16 million for the quarter ending March 26, up 0.6 per cent from $243.8 million […] Read more
Tag Archives same-store sales
Weather, ‘economic challenges’ drag on A+W sales
A+W books further sales growth, shifts bacon sourcing
Canadian burger and root beer chain A+W has logged a 12th straight quarter of same-store sales growth, this time following a shift in pork sourcing for its bacon supply. The Vancouver-based income fund on Tuesday reported gross sales of $243.8 million among the 838 restaurants in its royalty pool for its first quarter ending March […] Read more
Year-over-year same-store sales climb for A+W
Canadian burger-and-root beer chain A+W’s recent moves to boost the profile of its ingredients in a crowded quick-service playing field has pushed its sales past the billion-dollar mark in 2015. The A+W Revenue Royalties Income Fund on Friday reported net income of $21.32 million on $1.061 billion in reported sales from the 814 restaurants in […] Read more
McDonald’s stock hits record high as turnaround takes hold
Reuters — McDonald’s Corp. shares hit an all-time high on Thursday after CEO Steve Easterbrook said a rebound in quarterly restaurant sales showed his turnaround plan is starting to work. Global sales at established restaurants were up a much better-than-expected four per cent in the third quarter, ending six straight quarters of flat or falling […] Read more
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