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Earnings Data
Report Date
Oct 09, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.2Last Year’s EPS
1.19Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call described a company with solid cash generation, improved leverage and a robust new-store pipeline, but facing clear near-term operational challenges: negative same-store sales, meaningful declines in EBITDA and net income, large FX and impairment headwinds, and a planned corporate-store rationalization with associated costs. Management is taking decisive actions (store closures, portfolio optimization) that should improve long-term profitability, but near-term results and certain banners (notably Papa Murphy's) remain under pressure.Company Guidance
Strong Free Cash Flow Generation
Cash flows from operations of CAD 43.0M (vs CAD 34.4M prior year) and free cash flow net of lease repayments of CAD 32.2M (vs CAD 17.8M prior year), reflecting improved cash conversion and lower interest paid.
Improved Net Debt and Leverage
Net debt approximately CAD 531M, an improvement of CAD 49M year-over-year, with debt-to-EBITDA around 1.9x, providing financial flexibility.
Franchise Segment Resilience
Franchise revenues CAD 98.6M (vs CAD 102.8M prior year) with franchise segment profit CAD 50.6M (a 5% decrease), normalized franchise EBITDA CAD 50.9M (margins stable at ~52% vs 53% prior year), and expectations that franchise EBITDA growth will outpace same-store sales as higher-quality stores are added.
Digital Channel Scale
Digital sales of CAD 284.2M represented 21% of total sales (in line with prior year); excluding FX, digital sales were down 2%, consistent with same-store sales trends but still a material channel contribution.
Positive Net Store Growth and Robust Pipeline
Generated net growth of six locations in Q2; management expects acceleration of openings in back half of year and strong franchise demand, particularly for Cold Stone Creamery and Wetzel's Pretzels.
Decisive Portfolio Optimization
Company initiated a targeted program to close 68 underperforming corporate-owned stores after detailed review, intended to reduce losses and improve long-term portfolio quality.
Localized Improvement in Canada (June)
Sales trends improved in June in Canada with the majority of concepts showing positive same-store sales, indicating early signs of recovery in that market.
Operational Cost Management
Franchise operating expenses decreased to CAD 48.0M from CAD 49.6M and corporate operating expenses decreased by 12% to CAD 106.0M, reflecting cost discipline and portfolio optimization.
TSE:MTY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:MTY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 10, 2026 | C$37.74 | C$33.75 | -10.57% |
Apr 10, 2026 | C$40.04 | C$38.49 | -3.86% |
Feb 19, 2026 | C$41.41 | C$43.43 | +4.86% |
Oct 10, 2025 | C$36.72 | C$33.41 | -9.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does MTY Food Group (TSE:MTY) report earnings?
MTY Food Group (TSE:MTY) is schdueled to report earning on Oct 09, 2026, Before Open (Confirmed).
What is MTY Food Group (TSE:MTY) earnings time?
MTY Food Group (TSE:MTY) earnings time is at Oct 09, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:MTY EPS forecast?
TSE:MTY EPS forecast for the fiscal quarter 2026 (Q3) is 1.2.