StreetInsider.com News Articles

MTY Reports Second Quarter Results for Fiscal 2026

Fri, 10 Jul 2026 06:00:00 -0400

GAAP Measures:

Segment profits were $59.9 million during the 13 week period ended May 31, 2026 (the “second quarter”), a decrease of $9.4 million compared to the same period in 2025.
Impairment charge on right-of-use assets of $7.5 million during the 13 week period as a result of management's decision to close 68 of its corporate locations in the coming months.
Net income attributable to owners decreased to $15.4 million, or $0.67 per diluted share compared to $57.3 million, or $2.49 per diluted share in Q2-25.
Cash flows provided by operating activities increased 25% or $8.7 million to $43.0 million compared

MTY Reports Second Quarter Results for Fiscal 2026

Fri, 10 Jul 2026 06:00:00 -0400

GAAP Measures:

Segment profits were $59.9 million during the 13 week period ended May 31, 2026 (the “second quarter”), a decrease of $9.4 million compared to the same period in 2025.
Impairment charge on right-of-use assets of $7.5 million during the 13 week period as a result of management's decision to close 68 of its corporate locations in the coming months.
Net income attributable to owners decreased to $15.4 million, or $0.67 per diluted share compared to $57.3 million, or $2.49 per diluted share in Q2-25.
Cash flows provided by operating activities increased 25% or $8.7 million to $43.0 million compared

MTY Reports Second Quarter Results for Fiscal 2026

Fri, 10 Jul 2026 06:00:00 -0400

GAAP Measures:

Segment profits were $59.9 million during the 13 week period ended May 31, 2026 (the “second quarter”), a decrease of $9.4 million compared to the same period in 2025.
Impairment charge on right-of-use assets of $7.5 million during the 13 week period as a result of management's decision to close 68 of its corporate locations in the coming months.
Net income attributable to owners decreased to $15.4 million, or $0.67 per diluted share compared to $57.3 million, or $2.49 per diluted share in Q2-25.
Cash flows provided by operating activities increased 25% or $8.7 million to $43.0 million compared

MTY Reports Second Quarter Results for Fiscal 2026

Fri, 10 Jul 2026 06:00:00 -0400

GAAP Measures:

Segment profits were $59.9 million during the 13 week period ended May 31, 2026 (the “second quarter”), a decrease of $9.4 million compared to the same period in 2025.
Impairment charge on right-of-use assets of $7.5 million during the 13 week period as a result of management's decision to close 68 of its corporate locations in the coming months.
Net income attributable to owners decreased to $15.4 million, or $0.67 per diluted share compared to $57.3 million, or $2.49 per diluted share in Q2-25.
Cash flows provided by operating activities increased 25% or $8.7 million to $43.0 million compared

MTY Reports Second Quarter Results for Fiscal 2026

Fri, 10 Jul 2026 06:00:00 -0400

GAAP Measures:

Segment profits were $59.9 million during the 13 week period ended May 31, 2026 (the “second quarter”), a decrease of $9.4 million compared to the same period in 2025.
Impairment charge on right-of-use assets of $7.5 million during the 13 week period as a result of management's decision to close 68 of its corporate locations in the coming months.
Net income attributable to owners decreased to $15.4 million, or $0.67 per diluted share compared to $57.3 million, or $2.49 per diluted share in Q2-25.
Cash flows provided by operating activities increased 25% or $8.7 million to $43.0 million compared

MTY Reports Second Quarter Results for Fiscal 2026

Fri, 10 Jul 2026 06:00:00 -0400

GAAP Measures:

Segment profits were $59.9 million during the 13 week period ended May 31, 2026 (the “second quarter”), a decrease of $9.4 million compared to the same period in 2025.
Impairment charge on right-of-use assets of $7.5 million during the 13 week period as a result of management's decision to close 68 of its corporate locations in the coming months.
Net income attributable to owners decreased to $15.4 million, or $0.67 per diluted share compared to $57.3 million, or $2.49 per diluted share in Q2-25.
Cash flows provided by operating activities increased 25% or $8.7 million to $43.0 million compared

MTY Food Group Inc Will Hold a Conference Call to Discuss Its 2026 Second Quarter Results

Thu, 02 Jul 2026 07:00:00 -0400

MONTREAL, July 02, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc (TSX: MTY)

OPEN TO: Analysts, investors and all interested parties

DATE: Friday, July 10, 2026

TIME: 8:30 AM Eastern Time

RAPIDCONNET: To instantly join the conference call by phone, please use the following URL to easily

MTY Food Group Inc Will Hold a Conference Call to Discuss Its 2026 Second Quarter Results

Thu, 02 Jul 2026 07:00:00 -0400

MONTREAL, July 02, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc (TSX: MTY)

OPEN TO: Analysts, investors and all interested parties

DATE: Friday, July 10, 2026

TIME: 8:30 AM Eastern Time

RAPIDCONNET: To instantly join the conference call by phone, please use the following URL to easily

MTY Food Group Inc Will Hold a Conference Call to Discuss Its 2026 Second Quarter Results

Thu, 02 Jul 2026 07:00:00 -0400

MONTREAL, July 02, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc (TSX: MTY)

OPEN TO: Analysts, investors and all interested parties

DATE: Friday, July 10, 2026

TIME: 8:30 AM Eastern Time

RAPIDCONNET: To instantly join the conference call by phone, please use the following URL to easily

MTY Food Group Inc Will Hold a Conference Call to Discuss Its 2026 Second Quarter Results

Thu, 02 Jul 2026 07:00:00 -0400

MONTREAL, July 02, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc (TSX: MTY)

OPEN TO: Analysts, investors and all interested parties

DATE: Friday, July 10, 2026

TIME: 8:30 AM Eastern Time

RAPIDCONNET: To instantly join the conference call by phone, please use the following URL to easily

MTY Food Group Inc Will Hold a Conference Call to Discuss Its 2026 Second Quarter Results

Thu, 02 Jul 2026 07:00:00 -0400

MONTREAL, July 02, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc (TSX: MTY)

OPEN TO: Analysts, investors and all interested parties

DATE: Friday, July 10, 2026

TIME: 8:30 AM Eastern Time

RAPIDCONNET: To instantly join the conference call by phone, please use the following URL to easily

MTY Food Group Inc Will Hold a Conference Call to Discuss Its 2026 Second Quarter Results

Thu, 02 Jul 2026 07:00:00 -0400

MONTREAL, July 02, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc (TSX: MTY)

OPEN TO: Analysts, investors and all interested parties

DATE: Friday, July 10, 2026

TIME: 8:30 AM Eastern Time

RAPIDCONNET: To instantly join the conference call by phone, please use the following URL to easily

MTY Food Group Inc. Announces Results from 2026 Annual General Meeting

Thu, 21 May 2026 07:00:00 -0400

MONTREAL, May 21, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc. (“MTY” or the “Company”) (TSX: MTY), franchisor and operator of multiple concepts of restaurants, is pleased to report the results from the votes from its shareholders for the 2026 Annual General Meeting of Shareholders held on Wednesday May 20, 2026 (the ‘’Meeting’’).

12,897,476 shares were voted representing 56.47% of the outstanding shares of the Company. Here are the results of the votes on the matters set out in the management information circular dated April 7, 2026:

1. Election of Directors
Each of the

MTY Food Group Inc. Announces Results from 2026 Annual General Meeting

Thu, 21 May 2026 07:00:00 -0400

MONTREAL, May 21, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc. (“MTY” or the “Company”) (TSX: MTY), franchisor and operator of multiple concepts of restaurants, is pleased to report the results from the votes from its shareholders for the 2026 Annual General Meeting of Shareholders held on Wednesday May 20, 2026 (the ‘’Meeting’’).

12,897,476 shares were voted representing 56.47% of the outstanding shares of the Company. Here are the results of the votes on the matters set out in the management information circular dated April 7, 2026:

1. Election of Directors
Each of the

MTY Food Group Inc. Announces Results from 2026 Annual General Meeting

Thu, 21 May 2026 07:00:00 -0400

MONTREAL, May 21, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc. (“MTY” or the “Company”) (TSX: MTY), franchisor and operator of multiple concepts of restaurants, is pleased to report the results from the votes from its shareholders for the 2026 Annual General Meeting of Shareholders held on Wednesday May 20, 2026 (the ‘’Meeting’’).

12,897,476 shares were voted representing 56.47% of the outstanding shares of the Company. Here are the results of the votes on the matters set out in the management information circular dated April 7, 2026:

1. Election of Directors
Each of the

MTY Food Group Inc. Announces Results from 2026 Annual General Meeting

Thu, 21 May 2026 07:00:00 -0400

MONTREAL, May 21, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc. (“MTY” or the “Company”) (TSX: MTY), franchisor and operator of multiple concepts of restaurants, is pleased to report the results from the votes from its shareholders for the 2026 Annual General Meeting of Shareholders held on Wednesday May 20, 2026 (the ‘’Meeting’’).

12,897,476 shares were voted representing 56.47% of the outstanding shares of the Company. Here are the results of the votes on the matters set out in the management information circular dated April 7, 2026:

1. Election of Directors
Each of the

MTY Food Group Inc. Announces Results from 2026 Annual General Meeting

Thu, 21 May 2026 07:00:00 -0400

MONTREAL, May 21, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc. (“MTY” or the “Company”) (TSX: MTY), franchisor and operator of multiple concepts of restaurants, is pleased to report the results from the votes from its shareholders for the 2026 Annual General Meeting of Shareholders held on Wednesday May 20, 2026 (the ‘’Meeting’’).

12,897,476 shares were voted representing 56.47% of the outstanding shares of the Company. Here are the results of the votes on the matters set out in the management information circular dated April 7, 2026:

1. Election of Directors
Each of the

MTY Food Group Inc. Announces Results from 2026 Annual General Meeting

Thu, 21 May 2026 07:00:00 -0400

MONTREAL, May 21, 2026 (GLOBE NEWSWIRE) -- MTY Food Group Inc. (“MTY” or the “Company”) (TSX: MTY), franchisor and operator of multiple concepts of restaurants, is pleased to report the results from the votes from its shareholders for the 2026 Annual General Meeting of Shareholders held on Wednesday May 20, 2026 (the ‘’Meeting’’).

12,897,476 shares were voted representing 56.47% of the outstanding shares of the Company. Here are the results of the votes on the matters set out in the management information circular dated April 7, 2026:

1. Election of Directors
Each of the

Groupe MTY Foundation raises more than double last year's amount

Thu, 30 Apr 2026 07:00:00 -0400

MONTREAL, April 30, 2026 (GLOBE NEWSWIRE) -- The MTY Food Group's foundation has donated more than $375,000 to charitable causes in its second year of operations.

The Foundation’s flagship event remains the golf tournament at Le Blainvillier Golf Club in September 2025, which welcomed 288 players and approximately 50 sponsors, raising $170,000 for the Breakfast Club of Canada.

The MTY Foundation has also contributed to several other organizations, including the Montreal Children's Hospital Foundation, the Breast

Groupe MTY Foundation raises more than double last year's amount

Thu, 30 Apr 2026 07:00:00 -0400

MONTREAL, April 30, 2026 (GLOBE NEWSWIRE) -- The MTY Food Group's foundation has donated more than $375,000 to charitable causes in its second year of operations.

The Foundation’s flagship event remains the golf tournament at Le Blainvillier Golf Club in September 2025, which welcomed 288 players and approximately 50 sponsors, raising $170,000 for the Breakfast Club of Canada.

The MTY Foundation has also contributed to several other organizations, including the Montreal Children's Hospital Foundation, the Breast

Groupe MTY Foundation raises more than double last year's amount

Thu, 30 Apr 2026 07:00:00 -0400

MONTREAL, April 30, 2026 (GLOBE NEWSWIRE) -- The MTY Food Group's foundation has donated more than $375,000 to charitable causes in its second year of operations.

The Foundation’s flagship event remains the golf tournament at Le Blainvillier Golf Club in September 2025, which welcomed 288 players and approximately 50 sponsors, raising $170,000 for the Breakfast Club of Canada.

The MTY Foundation has also contributed to several other organizations, including the Montreal Children's Hospital Foundation, the Breast

Groupe MTY Foundation raises more than double last year's amount

Thu, 30 Apr 2026 07:00:00 -0400

MONTREAL, April 30, 2026 (GLOBE NEWSWIRE) -- The MTY Food Group's foundation has donated more than $375,000 to charitable causes in its second year of operations.

The Foundation’s flagship event remains the golf tournament at Le Blainvillier Golf Club in September 2025, which welcomed 288 players and approximately 50 sponsors, raising $170,000 for the Breakfast Club of Canada.

The MTY Foundation has also contributed to several other organizations, including the Montreal Children's Hospital Foundation, the Breast

Groupe MTY Foundation raises more than double last year's amount

Thu, 30 Apr 2026 07:00:00 -0400

MONTREAL, April 30, 2026 (GLOBE NEWSWIRE) -- The MTY Food Group's foundation has donated more than $375,000 to charitable causes in its second year of operations.

The Foundation’s flagship event remains the golf tournament at Le Blainvillier Golf Club in September 2025, which welcomed 288 players and approximately 50 sponsors, raising $170,000 for the Breakfast Club of Canada.

The MTY Foundation has also contributed to several other organizations, including the Montreal Children's Hospital Foundation, the Breast

Groupe MTY Foundation raises more than double last year's amount

Thu, 30 Apr 2026 07:00:00 -0400

MONTREAL, April 30, 2026 (GLOBE NEWSWIRE) -- The MTY Food Group's foundation has donated more than $375,000 to charitable causes in its second year of operations.

The Foundation’s flagship event remains the golf tournament at Le Blainvillier Golf Club in September 2025, which welcomed 288 players and approximately 50 sponsors, raising $170,000 for the Breakfast Club of Canada.

The MTY Foundation has also contributed to several other organizations, including the Montreal Children's Hospital Foundation, the Breast

MTY Reports First Quarter Results for Fiscal 2026

Fri, 10 Apr 2026 06:00:00 -0400

GAAP Measures:

Segment profits increased by 2% to reach $59.8 million during the quarter.
Net income attributable to owners increased to $36.9 million, or $1.62 per diluted share compared to $1.7 million, or $0.07 per diluted share in Q1-25.
Cash flows provided by operating activities of $40.9 million compared to $64.6 million in Q1-25, a change of $23.7 million.
Long-term debt repayments $17.7 million more than doubled compared to the period in the prior year.

Management Key Performance Indicators:

Normalized adjusted EBITDA(1) remained steady at $60.1 million in the quarter, compared