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MTY Food Group Inc. (MTY.TO)

MTY.TO on Toronto Stock Exchange

46.95CAD
29 May 2017
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$0.12 (+0.26%)
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Latest Key Developments (Source: Significant Developments)

MTY Enters acquires assets of Steak Frites St-Paul and Giorgio Ristorante
Monday, 8 May 2017 05:00pm EDT 

May 8 (Reuters) - MTY Food Group Inc :MTY Enters acquires the assets of Steak Frites St-Paul and Giorgio Ristorante.MTY Food Group Inc - deal for estimated consideration of $0.3 million.  Full Article

MTY enters to acquire the assets of The Works
Monday, 8 May 2017 08:00am EDT 

May 8 (Reuters) - MTY Food Group Inc : :MTY Food Group Inc - deal for for an estimated consideration of $8.0 million.MTY enters into an agreement to acquire the assets of The Works.MTY Food Group Inc - Bruce Miller, Works' current president, will continue to lead brand following transaction..MTY Food Group Inc - expects to maintain works headquarters in Oakville, Ontario..MTY Food Group Inc - Works' network currently has 27 restaurants in operation, 4 of which are corporately-owned..  Full Article

MTY Q1 earnings per share C$0.21
Monday, 10 Apr 2017 06:30am EDT 

MTY Food Group Inc : MTY reports results for the first quarter of its 2017 fiscal period . Q1 same store sales fell 2.1 percent . Q1 adjusted earnings per share C$0.44 . Q1 earnings per share C$0.21 . Q1 earnings per share view C$0.45 -- Thomson Reuters I/B/E/S .Q1 revenues $68.2 million versus $35.3 million last year.  Full Article

MTY FOOD GROUP REPORTS QTRLY BASIC AND DILUTED EPS $1.15
Thursday, 23 Feb 2017 05:00pm EST 

MTY Food Group Inc : MTY REPORTS RECORD RESULTS FOR ITS 2016 FISCAL PERIOD . QUARTERLY SAME STORE SALES FELL 1.2 PERCENT . MTY FOOD GROUP INC QTRLY NORMALIZED EPS $0.90 . MTY FOOD GROUP INC QTRLY BASIC AND DILUTED EPS $1.15 .MTY FOOD GROUP INC QTRLY REVENUES $72.8 MILLION VERSUS $39.5 MILLION.  Full Article

MTY Food Group to acquire assets of La Diperie
Tuesday, 29 Nov 2016 05:00pm EST 

MTY Food Group Inc : MTY enters into an agreement to acquire the assets of La Diperie . Has signed an agreement to acquire 60% of assets of La Diperie via a newly formed subsidiary .Igned an agreement to acquire 60% of assets of La Diperie via a newly formed subsidiary.  Full Article

MTY Food Group says Q2 same store sales fell 0.5 pct
Thursday, 7 Jul 2016 05:00pm EDT 

MTY Food Group Inc : MTY reports results for the second quarter of its 2016 fiscal period . Q2 system sales C$274.8 million . Q2 same store sales fell 0.5 percent . Qtrly earnings per share $0.44 . Qtrly revenues $35.4 million versus $38.4 million .Q2 earnings per share view c$0.40, revenue view c$37.5 million -- Thomson Reuters I/B/E/S.  Full Article

MTY to buy Kahala Brands for a total of about $300 mln
Wednesday, 25 May 2016 08:05am EDT 

MTY Food Group Inc : MTY enters into an agreement to acquire the shares of Kahala Brands Ltd . Total consideration for transaction is estimated at US$300 million . Transaction is expected to be immediately accretive. . MTY Food Group says cash component of consideration will be financed by MTY's cash on hand and by new credit facility that is presently being arranged . Deal with issuance of 2,253,930 shares of MTY and payment of US$240 million in cash . During 12 months following acquisition, combined entity is expected to generate over C$90 million in EBITDA .During 12 months following acquisition, combined entity is expected to generate C$250 million in revenues and C$2 billion in system sales.  Full Article

MTY Food Group Inc increases quarterly dividend by 15%
Thursday, 21 Jan 2016 07:00am EST 

MTY Food Group Inc:Announces an increase of 15% of its quarterly dividend payment, which increases from 10.0¢ per share to 11.5¢ per share.Says 11.5¢ dividend will be payable on February 12, 2016 to shareholders registered in the Company's records at the end of the business day on February 1, 2015.  Full Article

MTY Food Group Inc declares a quarterly dividend
Wednesday, 21 Oct 2015 09:20am EDT 

MTY Food Group Inc:Declares a quarterly dividend of 10.0¢ per share.Payable on Nov. 13 to shareholders registered in the Company's records at the end of the business day on Nov. 2.  Full Article

MTY enters into an agreement to acquire 60 pct of Big Smoke Burger
Wednesday, 19 Aug 2015 06:30am EDT 

MTY Food Group Inc:Announces that its wholly-owned subsidiary MTY Tiki Ming Enterprises Inc. has reached a binding agreement to acquire 60 pct of Big Smoke Burger.Says the consideration for the transaction is expected to be $3 million, paid from MTY's cash on hand.  Full Article

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BRIEF-MTY Enters acquires assets of Steak Frites St-Paul and Giorgio Ristorante

* MTY Enters acquires the assets of Steak Frites St-Paul and Giorgio Ristorante