MTY Food Group Inc (TSX:MTY)
C$ 33.75 -3.99 (-10.57%) Market Cap: 770.90 Mil Enterprise Value: 1.79 Bil PE Ratio: 5.01 PB Ratio: 0.90 GF Score: 77/100

Q2 2025 MTY Food Group Inc Earnings Call Transcript

Jul 11, 2025 / 12:30 PM GMT
Release Date Price: C$39.83 (-12.84%)

Key Points

Positve
  • Canadian same-store sales increased by 1.4%, showing strength across most banners, especially in casual dining.
  • MTY Food Group Inc (MTYFF) has made significant improvements in talent and innovation, with a focus on food technology and business practices.
  • Digital sales grew by 3% and now represent 21% of total system sales, indicating successful digital initiatives.
  • The company opened 76 locations, with a strong pipeline of 108 locations under construction, showing commitment to growth.
  • MTY Food Group Inc (MTYFF) continues to generate strong free cash flows, with $40 million from operations and $24 million in free cash flows net of lease payments.
Negative
  • US same-store sales declined by 3.8%, reflecting broad-based softness across the US portfolio.
  • Normalized adjusted EBITDA declined by 5%, driven by the corporate store segment and cautious consumer behavior.
  • Operating expenses in the US and international segment rose by 5% due to a higher number of corporate stores and cost pressures.
  • The company experienced a net decrease of one location for the quarter, with 77 closures offsetting 76 openings.
  • The US market remains challenging, with continued volatility and economic uncertainty affecting consumer behavior.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MTY.TO - MTY Food Group Inc
Q2 2025 MTY Food Group Inc Earnings Call
Jul 11, 2025 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and welcome to the MTY Food Group 2025 2nd quarter results earnings call. At this tab, all participants are in listen-only mode. Following the presentation, we will conduct a question and answer session. Instructions will be provided for you at the time for questions. If anyone has any difficulty hearing the conference, you may press 0 for operator assistance at any time.

Listeners are reminded that portion of today's discussion may contain forward-looking statements that reflect current views with respect to future events. Any such statements are subject to risks and uncertainties that could cost actual results to differ materially from those projected in the forward-looking statements. For more information on MTY
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