The Vancouver-based owner of the fast food industry's A&W trade marks says royalty income was $7.75 million in the three months ended Dec. 31, up about six per cent from $7.3 million in the prior-year period.
Total sales in the royalty pool increased by 5.7 per cent to $258.4 million from $244.6 million as the number of restaurants in the pool grew to 737 from 715.
For all of 2012, sales increased 3.6 per cent to $823.4 million from $794.5 million in 2011, while royalty income for the full year was $24.7 million, up from $23.8 million.
Same store sales growth in the fourth quarter was 0.5 per cent compared with the same quarter in 2011, but down 0.7 per cent compared with 2011 as a whole.
The A&W royalties fund owns the A&W trade-marks used by A&W fast-food restaurants. It earns, through a partnership, royalties equal to three per cent of the sales of restaurants in the royalty pool.