)

A & W Food Services of Canada (AW) investor relations material
A & W Food Services of Canada Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved third consecutive quarter of positive same store sales growth, with Q3 2025 at 1.4% and system sales up 3.1% year-over-year, driven by marketing campaigns and value offerings.
Opened three new restaurants in Q3 2025, totaling 14 year-to-date, with a strategic focus on Ontario and Quebec.
Operates 1,084 franchised and 10 corporate restaurants, plus one Pret A Manger, serving over 125 million guests annually as of September 7, 2025.
Maintains a strong brand reputation, ranked as Canada's strongest brand and #1 in several food categories.
Progressed on strategic initiatives, including the Five Star operating system, partnership with Pret a Manger, and expanded value offerings.
Financial highlights
Q3 2025 system sales reached $479.6M, up 3.1% year-over-year; YTD 2025 system sales were $1.33B, up 2.9%.
Adjusted EBITDA increased by $1.1M (5%) to $25.8M, with margin improving to 36.2% from 32.5% year-over-year; YTD adjusted EBITDA was $70.7M.
Income before income taxes rose by $14.6M (163%) to $23.6M, mainly from cessation of royalty expense and lower operating costs.
Revenue decreased by $4.8M due to fewer new restaurant openings compared to Q3 2024, partially offset by higher service fees and food distribution revenue.
Net income for Q3 2025 was $17.6M, up from $6.5M in Q3 2024.
Outlook and guidance
Fiscal 2025 guidance maintained: Adjusted EBITDA expected between $96M and $101M; system sales growth of 1.5%-4.5%; same store sales growth of 0.0%-3.0%.
Targeting 1,085–1,100 total units by year-end 2025.
Q4 is off to a strong start, with further value-based promotions planned and confidence in sustaining growth through strategic initiatives.
Committed to maintaining current quarterly dividend levels.
Next A & W Food Services of Canada earnings date

Next A & W Food Services of Canada earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage