MTY Food Group

Daily Synopsis: July 10, 2026

Beef price fixing scandal investigated, Vancouver's Kerrisdale thrives while nearby areas struggle, retailers leave downtown Edmonton as office workers return, Honest Ed's signage returns to Mirvish Village, Canada's first Toys R Us shutting down, and other news.

MTY Food Group to close 68 of its corporate locations in the coming months

MTY Food Group will close 68 corporate locations after a portfolio review, with an estimated $10 million to $12 million cost.

MTY Food Group continues to expand footprint, reports Q4 results

At the end of the fourth quarter of 2025, MTY’s network had 7,080 locations in operation, of which 6,831 were franchised or under operator agreements and 249 were corporate-owned.

MTY reports lower Q3 profit, higher store openings

MTY reports third-quarter financial results for fiscal 2025 with a net income decline despite revenue growth in operations.

MTY reports Q2 for Fiscal 2025

System sales for the quarter increased slightly at $1.5 billion compared to Q2-24, said MTY
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