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MTY Food Group Q2 2026 profits fall amid store closures, but free cash flow rises 25%.

Company Fundamentals
10 Jul 2026
GlobeNewsWire
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Bearish
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MTY Food Group reported a 13-week Q2 2026 net income of $15.4 million, down from $57.3 million in Q2 2025, mainly due to a $7.5 million impairment from closing 68 corporate stores and softer consumer spending. Despite a 2.1% drop in same-store sales and a 3.5% decline in system sales, free cash flow increased 25% to $43 million, reflecting strong operational cash generation. The company plans to focus on profitable locations and expects positive net store growth and margin stability going forward, while paying a quarterly dividend of $0.37 per share.

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