MTY Food Group (MTYFF)
OTHER OTC:MTYFF
Earnings Data
Report Date
Jul 10, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.83Last Year’s EPS
0.84Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call mixed solid operational and financial stabilizers against meaningful near-term challenges. Positive elements include stable adjusted EBITDA, a slight improvement in franchise margins, growing digital sales (23% of sales) and a very strong new-store pipeline of ~200 locations under construction. These are balanced by weaker same-store sales (-2.5%), a Q1 net decline in locations (52 opens vs 90 closures), franchise revenue pressure, lower reported operating and free cash flow driven by working capital and tax timing, and continued underperformance at Papa Murphy's. Management highlighted ongoing investments in digital, site-selection tools and asset-light growth while noting one-time and timing items (a $5.5M employee retention credit and transition to a 52-week reporting basis) influenced results. Given the comparable weight of positive initiatives and near-term operational headwinds, the tone of the call is cautious but constructive.Company Guidance
Stable Adjusted EBITDA
Normalized adjusted EBITDA of $60.1 million for Q1 2026, essentially in line with the same period last year.
Franchise Margin Improvement
Franchise normalized EBITDA margin improved slightly to 48% from 47% year-over-year, despite a small decrease in franchise EBITDA dollars ($43.2M vs $44.0M).
Digital Sales Momentum
Digital sales remained 23% of total sales; excluding foreign exchange, digital sales grew 3% YoY. Digital sales in Canada grew 13% while U.S. digital sales were flat. Company investing in customer-facing digital tools with U.S. deployments under way and Canada beginning rollout in Q2.
Strong New-Store Pipeline
Opened 52 locations and closed 90 in Q1 (seasonally weak), but nearly 200 locations are currently under construction and the pipeline is described as among the strongest MTY has seen, with a growing share coming from existing franchisees.
Improved Corporate Store EBITDA (Including One-Time Credit)
Corporate store segment reported segment and normalized adjusted EBITDA of $13.2 million, up 8% ($1.0M) from the prior year period. This quarter included a $5.5 million employee retention credit that benefited results.
Significant Net Income Increase
Net income attributable to owners was $36.9 million, or $1.62 per diluted share, compared to $1.7 million or $0.07 per diluted share in the prior year period (note: quarter benefited from a $5.5M employee retention credit and reporting-period changes).
Healthy Leverage and Optionality
Net debt approximately $549 million with a debt-to-EBITDA ratio of ~1.9x, management highlights this as a level that provides optionality for M&A, share buybacks, debt reduction, and other capital returns.
MTYFF 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
MTYFF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 10, 2026 | $29.31 | $28.03 | -4.37% |
Feb 19, 2026 | $30.71 | $32.27 | +5.08% |
Oct 10, 2025 | $26.46 | $23.76 | -10.21% |
Jul 11, 2025 | $32.66 | $28.36 | -13.17% |
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 (MTYFF) report earnings?
MTY Food Group (MTYFF) is schdueled to report earning on Jul 10, 2026, Before Open (Confirmed).
What is MTY Food Group (MTYFF) earnings time?
MTY Food Group (MTYFF) earnings time is at Jul 10, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MTYFF EPS forecast?
MTYFF EPS forecast for the fiscal quarter 2026 (Q2) is 0.83.