MTY MTY Food Group Inc.

31.42CAD+1.22%Mkt Cap: 522.65M $P/E: 6.39

MTY Food Group Inc., together with its subsidiaries, franchises and operates quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. It sells retail products under var…

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30-year-old beloved steakhouse chain closes 10 locations

The steakhouse chain was purchased twice after a previous owner filed for bankruptcy in 2021.

TheStreet
Papa Murphy’s to Close Up to 50 Restaurants

Papa Murphy’s is headed for more closures. Parent company MTY Food Group told investors during the company’s Q2 earnings call that it expects to shutter 68 underperforming corporately owned restaurants over the next nine months. Of those, between 45 and 50 stores will be Papa Murphy’s locations. Most of the shutdowns will occur in the […]

QSR
Papa Murphy’s to close dozens more locations

MTY Food Group CEO Eric Lefebvre said the pizza category is challenged by a heavy promotional environment and lack of consumer loyalty.

Nation's Restaurant News
Papa Murphy’s is closing stores, joins list of national pizza chains to shutter locations in 2026

The announcement from parent company MTY Food Group follows recent waves of restaurant closures from Pizza Hut and Papa John’s.

FastCompany
MTY Food Group Price Target Lowered at RBC, TD

Analysts at RBC Capital Markets and TD Securities lowered their price targets on MTY Food Group (MTY

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