Overview

• MTY’s net income rose to $57.3 million in Q2, up from $27.3 million a year earlier, boosting earnings per share to $2.49.
• Revenue for the quarter reached $304.9 million, compared with $303.7 million in the same period last year.
• Canadian fast-food sales held firm despite tariffs and price pressures as U.S. consumer uncertainty led to softer demand.
• The company opened 76 restaurants and closed 77 underperforming locations, with 108 outlets currently under construction.
• MTY is upgrading its digital ordering platforms, adjusting the timing of limited-time offers and applying surgical price increases to manage rising food and labour costs.