MTY Food Group Inc. MTY
TSX · Canada · Consumer Services
CAD 31.39-0.31 (-0.98%)
Market open· · CAD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market open· · CAD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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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 […]
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