Mty Food Group ( (MTYFF) ) has released its Q2 earnings. Here is a breakdown of the information Mty Food Group presented to its investors.
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MTY Food Group Inc. is a leading franchisor and operator of multiple restaurant concepts worldwide, specializing in quick-service, fast casual, and casual dining sectors. The company recently released its second-quarter results for fiscal 2025, showcasing a mix of financial performance metrics and strategic initiatives.
In the second quarter of fiscal 2025, MTY Food Group reported a significant increase in net income attributable to owners, reaching $57.3 million, or $2.49 per diluted share, compared to $27.3 million, or $1.13 per diluted share, in the same quarter of the previous year. Despite a slight decrease in cash flows from operating activities, the franchise segment experienced a 3% increase in normalized adjusted EBITDA, highlighting the company’s resilience in a challenging economic environment.
The company’s revenue remained stable at $304.8 million, with system sales increasing slightly to $1.5 billion. However, normalized adjusted EBITDA decreased by 5% to $70.0 million, primarily due to lower margins in the US corporate stores. MTY’s network ended the quarter with 7,046 locations, maintaining a stable store count compared to the previous quarter.
Looking ahead, MTY Food Group is actively implementing strategic initiatives to navigate macroeconomic challenges, particularly in the US market. The company remains confident in its diversified platform and the resilience of its brands, anticipating improved performance as the economic environment stabilizes. Management expects stability in normalized adjusted EBITDA margins and strong free cash flows for the remainder of 2025.