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The steakhouse chain was purchased twice after a previous owner filed for bankruptcy in 2021.
One of the largest pizza chains in the country is preparing to close up to 50 Papa Murphy’s locations as its parent company, MTY Food Group, eliminates underperforming restaurants while it works through a “challenging period” for the business.
Papa Murphy’s is headed for more closures. Parent company MTY Food Group told investors during the company’s Q2 earnings call that it expects to shutter 68 underperforming corporately owned restaurants over the next nine months. Of those, between 45 and 50 stores will be Papa Murphy’s locations. Most of the shutdowns will occur in the […]
MTY Food Group CEO Eric Lefebvre said the pizza category is challenged by a heavy promotional environment and lack of consumer loyalty.
The announcement from parent company MTY Food Group follows recent waves of restaurant closures from Pizza Hut and Papa John’s.
Analysts at RBC Capital Markets and TD Securities lowered their price targets on MTY Food Group (MTY
Despite a decline in same-store sales, MTY Food Group Inc (MTYFF) reports strong free cash flows and positive net store growth, while planning strategic closures to optimize its portfolio.
MTY Food Group (TSE:MTY) reported lower second-quarter earnings as softer consumer traffic, inflation in key food categories and weaker corporate-store performance weighed on results, while management outlined plans to close 68 underperforming corporate-owned restaurants following a detailed portfol
MTY Food Group (MTY.TO) Q2 adjusted earnings fell to C$0.97 per diluted share, from C$1.17 per dilut
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 register and be connected into the conference call automatically: https://emportal.ink/4oguP37 CALL: 1-416-945-7677 (For all International participants)1-888-699-1199 (For all other North American participants) Particip
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 i
MTY Food Group Inc. ( TSE:MTY ), is not the largest company out there, but it received a lot of attention from a...
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 Found
Parent company MTY Group acquired about 50 underperforming locations from franchisees last year and their turnaround is ‘more complicated than anticipated’
MTY Food Group (TSE:MTY) reported first-quarter 2026 results against what management described as a challenging macroeconomic backdrop, with weak consumer confidence weighing on traffic and same-store sales. CEO Eric Lefebvre said early second-quarter trends have improved sequentially, providing “ca
RBC Capital Markets lowered its price target on MTY Food Group Inc. (MTY.TO) to $46 from $48. Ana
Despite a dip in same-store sales, MTY Food Group Inc (MTYFF) focuses on digital innovation and a robust expansion pipeline to drive future growth.
MTY Food Group (MTY.TO) Friday reported higher first-quarter earnings even as revenue dipped. The
MONTREAL, April 02, 2026 (GLOBE NEWSWIRE) -- (TSX : MTY) OPEN TO: Analysts, investors and all interested parties DATE: Friday, April 10, 2026 TIME: 8:30 AM Eastern Time RAPIDCONNET: To instantly join the conference call by phone, please use the following URL to easily register and be connected into the conference call automatically: https://emportal.ink/416UrVA CALL: 1-416-945-7677 (For all International participants) 1-888-699-1199 (For all other North American participants) Participants can ac
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