MTY Food Group (TSE:MTY)
TSX:MTY
Earnings Data
Report Date
Apr 10, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.81Last Year’s EPS
0.87Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of encouraging financial and operational progress—notably positive net unit growth, strong free cash flow generation, lower leverage, segment improvements (corporate stores and processing/distribution), and an increased dividend—while also highlighting clear operational headwinds: weaker same-store sales (especially in the U.S.), U.S. franchise profit decline, ongoing macro and competitive pressures, and a material one-time $29.5M gift card breakage that significantly inflated quarterly EBITDA and net income. Management emphasized multi-brand development, digital and loyalty deployments and disciplined capital allocation, but underlying operational volatility (Papa Murphy's and U.S. segment pressure) tempers the headline results.Company Guidance
Net Unit Growth and Healthier Store Network
Q4 net addition of 19 locations; company moved into positive net unit growth on an annual basis for the first time since 2013. Management describes the store network as the healthiest in over a decade and notes a deepening development pipeline (notably Cold Stone, Wetzel's, Taco Time Canada and Thai Express).
Strong Free Cash Flow and Deleveraging
Free cash flow per share (net of lease payments) of $5.68 for 2025; Q4 free cash flow net of lease repayments of $37.6M, up 38% YoY ($37.6M vs $27.4M). Cash flow from operations in Q4 was $46.2M vs $43.7M prior year. Net debt approximately $580M and leverage (~net debt / EBITDA) around 2x, cited as giving greater financial flexibility.
Adjusted EBITDA Increase (includes one-time item)
Normalized adjusted EBITDA for Q4 was $87.7M, up 48% YoY. Management highlights this as part of improved profitability metrics (note: materially influenced by a one-time gift card breakage adjustment).
Corporate Store Profitability Improvement
Corporate Store segment profit and normalized adjusted EBITDA of $7.9M in Q4, up 23% YoY (+$1.5M). Segment margins improved to 7% from 5% in the prior-year period, with management expecting continued margin expansion toward the high single digits over time.
Food Processing, Distribution & Retail Growth
Food Processing Distribution & Retail segment delivered revenue growth of 27% YoY, driven by a shift in retail model to vendor on record for some products. Segment profit margins remained stable at ~11%, and management sees meaningful top-line and margin expansion opportunities in retail.
Return of Capital - Dividend Increase
Quarterly dividend raised by 12% to $0.37 per share, supported by the company's strong free cash flow generation and cash flow resiliency over the last two years (the last two years were the best in company history for FCF).
Operational Initiatives and Digital/Loyalty Deployment
Management accelerating deployment of data, digital and omnichannel tools (first wave rolling out late March/early April with Papa Murphy's first). U.S. digital sales (excluding Papa Murphy's drag) were reported up ~6% in the quarter. Loyalty initiatives have driven new membership sign-ups, intended to improve frequency and customer communication.
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 |
|---|---|---|---|
Feb 19, 2026 | C$41.80 | C$43.83 | +4.86% |
Oct 10, 2025 | C$37.06 | C$33.72 | -9.01% |
Jul 11, 2025 | C$44.48 | C$38.77 | -12.85% |
Apr 11, 2025 | C$37.79 | C$37.91 | +0.31% |
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 Apr 10, 2026, Before Open (Confirmed).
What is MTY Food Group (TSE:MTY) earnings time?
MTY Food Group (TSE:MTY) earnings time is at Apr 10, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:MTY EPS forecast?
TSE:MTY EPS forecast for the fiscal quarter 2026 (Q1) is 0.81.