MTY Food Group Inc. reported earnings results for the second quarter and six months ended May 31, 2024. For the second quarter, the company reported sales was CAD 303.74 million compared to CAD 305.22 million a year ago. Net income was CAD 27.28 million compared to CAD 30.36 million a year ago. Basic earnings per share from continuing operations was CAD 1.13 compared to CAD 1.24 a year ago. Diluted earnings per share from continuing operations was CAD 1.13 compared to CAD 1.24 a year ago.
For the six months, sales was CAD 582.38 million compared to CAD 591.22 million a year ago. Net income was CAD 44.58 million compared to CAD 48.75 million a year ago. Basic earnings per share from continuing operations was CAD 1.84 compared to CAD 2 a year ago. Diluted earnings per share from continuing operations was CAD 1.84 compared to CAD 1.99 a year ago.