MTY Food Group reports third-quarter profit and revenue up from year ago

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MTY Food Group reports third-quarter profit and revenue up from year ago
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MONTREAL — MTY Food Group Inc. reported its third-quarter profit rose compared with a year ago as its revenue gained 74 per cent. The restaurant company says its net income attributable to owners totalled $38.9 million or $1.

MONTREAL — MTY Food Group Inc. reported its third-quarter profit rose compared with a year ago as its revenue gained 74 per cent.

The restaurant company says its net income attributable to owners totalled $38.9 million or $1.59 per diluted share for the quarter ended Aug. 31. The result compared with a profit of $22.4 million or 92 cents per diluted share in the same quarter last year.Same-store sales rose three per cent compared with the same quarter last year.

MTY franchises and operates quick-service, fast casual and casual dining restaurants under more than 90 different banners in Canada, the United States and internationally.The Canadian Press

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