MTY Food Group Beats Q3 Revenue Estimates Despite 74 Store Closures

Key Facts

1MTY Food Group reported Non-GAAP EPS of $1.26.

2Revenue reached $277.7M, beating estimates by $82.58M.

MTY Food Group reported its financial results for the third quarter of 2026, with revenue reaching $277.7 million. Seeking Alpha reported that the company's top-line performance exceeded analyst estimates by $82.58 million, while posting a Non-GAAP EPS of $1.26.

The 13-week period saw 74 net store closures, 50 of which were linked to previously announced corporate store closure plans. Despite the significant revenue beat against expectations, total revenue reflected a 7.1% decline compared to the same period last year.