MTY Food Group Inc.

MTY

CA55378N1078

Restaurants & Bars

Market Closed - Toronto S.E. Other stock markets 01:30:00 11/05/2024 am IST			5-day change	1st Jan Change
47.18 ^CAD	-1.28%		-2.18%	-16.51%

15/04	National Bank on MTY Foods' Q1, Maintains Outperform, Trims Target to $57	MT
15/04	MTY Food Group Price Target Lowered to $51 at RBC	MT

MTY Food Group Inc. Reports Earnings Results for the Second Quarter and Six Months Ended May 31, 2023

July 11, 2023 at 06:39 pm IST

MTY Food Group Inc. reported earnings results for the second quarter and six months ended May 31, 2023. For the second quarter, the company reported sales was CAD 133.32 million compared to CAD 12.88 million a year ago. Net income was CAD 30.36 million compared to CAD 28.62 million a year ago. Basic earnings per share from continuing operations was CAD 1.24 compared to CAD 1.17 a year ago. Diluted earnings per share from continuing operations was CAD 1.24 compared to CAD 1.17 a year ago.
For the six months, sales was CAD 255.84 million compared to CAD 23.31 million a year ago. Net income was CAD 48.75 million compared to CAD 45.26 million a year ago. Basic earnings per share from continuing operations was CAD 2 compared to CAD 1.85 a year ago. Diluted earnings per share from continuing operations was CAD 1.99 compared to CAD 1.85 a year ago.

Latest news about MTY Food Group Inc.

National Bank on MTY Foods' Q1, Maintains Outperform, Trims Target to $57	15/04	MT
MTY Food Group Price Target Lowered to $51 at RBC	15/04	MT
Toronto Stocks Edge Lower, MTY Food Shares Fall as 1Q Profit Decline Misses Views	12/04	DJ
Tranche Update on MTY Food Group Inc.'s Equity Buyback Plan announced on June 29, 2023.	12/04	CI
MTY Food Group Inc. Reports Earnings Results for the First Quarter Ended February 29, 2024	12/04	CI
Transcript : MTY Food Group Inc., Q1 2024 Earnings Call, Apr 12, 2024	12/04
MTY Food Group Dishes Out Q1 Earnings Miss	12/04	MT
North American Morning Briefing : Big Banks Kick -2-	12/04	DJ
MTY Food Brief: Q1 Revenue $278.644 Million Vs $286.003 Million a Year Earlier	12/04	MT
MTY Food Brief: Quarterly dividend payment of $0.28 per share on May 15, 2024	12/04	MT
MTY Food Brief: System sales for the quarter slightly decreased 2% to $1.33 billion from $1.36 billion in Q1-23	12/04	MT
MTY Food Brief: Q1 Net income attributable to owners decreased by 6% at $17.3 million, or $0.71 per diluted share Vs $18.4 million, or $0.75 per diluted share in Q1-23	12/04	MT
MTY Food Group Inc. Declares Quarterly Dividend, Payable on May 15, 2024	12/04	CI
National Bank Previews MTY Foods' Q1	03/04	MT
National Bank Cuts MTY Foods Target to $59, Maintains Outperform After Q4	17/02	MT
MTY Food Group Price Target Lowered to $60 at TD	16/02	MT
TSX posts biggest gain in two months as resource shares jump	16/02	RE
Toronto Stocks Climb, Cenovus Energy Shares Rise on 4Q Beat, Debt Repayment	15/02	DJ
Tranche Update on MTY Food Group Inc.'s Equity Buyback Plan announced on June 29, 2023.	15/02	CI
MTY Food Group Inc. Reports Earnings Results for the Full Year Ended November 30, 2023	15/02	CI
Transcript : MTY Food Group Inc., Q4 2023 Earnings Call, Feb 15, 2024	15/02
MTY Food Reports Q4 EPS of $0.67; Revenue up 16%; Had Earlier Announced Increase in Dividend Payment of 12%	15/02	MT
North American Morning Briefing : Stock Futures Tick Up Ahead of Retail Sales Data	15/02	DJ
MTY Food Brief: Announced increase in dividend payment of 12%. Quarterly dividend payment of $0.28 per share paid on February 15, 2024	15/02	MT
MTY Food Brief: Q4 EPS diluted 0.67; Revenue 280.032 Million	15/02	MT

Chart MTY Food Group Inc.

Duration

Period

More charts

Company Profile

MTY Food Group Inc. is a Canada-based franchisor and operator of multiple concepts of restaurants worldwide. The Companyâs activities consist of franchising and operating the Company-owned locations, as well as the sale of retail products under a multitude of banners. The Company also operates a distribution center and a food-processing plant, both of which are located in the province of Quebec. The Company operates through two segments: Canada, and US & International. The Company operates under various banners, including Papa Murphy's, Cold Stone Creamery, Thai Express, Sweet Frog, Taco Time Us, Sushi Shop, Toujours Mikes, Mucho Burrito, Baton Rouge, Manchu Wok, Baja Fresh, Mr. Sub, Taco Time Ca, Yuzu Sushi, Allo Mon Coco, Pizza Delight, Scores, Ben & Florentine, The Counter, And Planet Smoothie. The Company has approximately 60 brands over 2,400 restaurants in Canada and 40 brands over 4,100 locations in the United States.

Sector

Restaurants & Bars

Calendar

12/07/2024 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for MTY Food Group Inc.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

47.18 CAD

Average target price

54.29 CAD

Spread / Average Target

+15.06%

Consensus

Quarterly revenue - Rate of surprise

Company calendar

Sector Quick Service Restaurants

	1st Jan change	Capi.
MTY FOOD GROUP INC.	-16.51%	833M
MCDONALD'S CORPORATION	-7.25%	198B
CHIPOTLE MEXICAN GRILL, INC.	+41.64%	88.97B
YUM! BRANDS, INC.	+5.33%	38.76B
RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP	-4.50%	24.23B
RESTAURANT BRANDS INTERNATIONAL INC.	-6.26%	23.17B
DOMINO'S PIZZA INC.	+25.82%	18.07B
YUM CHINA HOLDINGS, INC.	-10.82%	14.74B
WINGSTOP INC.	+52.01%	11.45B
AMERICANA RESTAURANTS INTERNATIONAL PLC	-0.64%	7.13B

Quick Service Restaurants