MTY: MTY Food Group Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended August 31, 2024

MTY Food Group Inc. reported earnings results for the third quarter and nine months ended August 31, 2024. For the third quarter, the company reported sales was CAD 292.75 million compared to CAD 298.08 million a year ago. Net income was CAD 34.89 million compared to CAD 38.89 million a year ago. Basic earnings per share from continuing operations was CAD 1.46 compared to CAD 1.59 a year ago. Diluted earnings per share from continuing operations was CAD 1.46 compared to CAD 1.59 a year ago. For the nine months, sales was CAD 875.14 million compared to CAD 889.3 million a year ago. Net income was CAD 79.47 million compared to CAD 87.64 million a year ago. Basic earnings per share from continuing operations was CAD 3.3 compared to CAD 3.59 a year ago. Diluted earnings per share from continuing operations was CAD 3.3 compared to CAD 3.58 a year ago.