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Showing posts from March, 2022

MTY Food Group Inc. (MTY)

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Company Overview  MTY Food Group Inc.   (TSX: MTY)  franchises and operates quick-service and casual dining restaurants of +80 brands with  +6.700 locations  in Canada (39%), the United States (54%), and internationally (7%). The company also operates 2 distribution centres and 2 processing plants located in Quebec. It was f ounded in 1979 by  Ma Stanley  and is headquartered in Saint-Laurent, Canada.  In the last 20 years, h as realised 50 acquisitions, i ts market cap is CA$1.3B (Mid Cap). The price range of the last 52 weeks has been CA$72.10 - CA$47. MTY ’s objectives are to generate organic growth while actively seeking  good quality earning potential  acquisitions. Currently, the company  has less than 1% market share in North America and its  top 10 brands represent 76% of System Sales ( total net sales of the franchised and corporate restaurants of its network ).  The pandemic has affected negatively th...