Fast-food franchisor MTY Food Group sees Q3 profit fall amid macroeconomic volatility

MTY Food Group Inc. saw its profit tumble in its most recent quarter as the company continued to grapple with macroeconomic volatility. The Montreal-based restaurant conglomerate says its third-quarter net income attributable to owners fell to $27.9 million, or $1.22 per diluted share. The results for the period ended Aug. 31 compared with a net income attributable to owners of $34.9 million, or $1.46 per diluted share in the year prior. MTY's revenue edged up to roughly $297 million in the quarter, compared with $292.8 million a year earlier. On an adjusted basis, MTY says it earned $1.19 per diluted share, unchanged from the prior year's third quarter. MTY Food Group is a franchisor and operator of several fast-food brands including Thai Express, Manchu Wok, Wetzel's Pretzels, Mr. Sub and Country Style. This report by The Canadian Press was first published Oct. 10, 2025. Companies in this story: (TSX:MTY)