Corporate News

MTY Food Q1 Net Income Declines

MTY Food Group Inc. (MTY.TO) reported that its first-quarter net income to owners decreased by 6% at C$17.3 million, or C$0.71 per share compared to C$18.4 million, or C$0.75 per share, last year. First-quarter revenue declined to C$278.64 million from C$286.00 million, last year.

MTY declared a quarterly dividend payment of C$0.28 per common share. The dividend will be paid on May 15, 2024 to shareholders registered in the company's records at the end of the business day on May 3, 2024.

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by RTTNews Staff Writer

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