MTY Food Group Inc. reported earnings results for the third quarter and nine months ended August 31, 2023. For the third quarter, the company reported sales was CAD 298.08 million compared to CAD 171.54 million a year ago. Net income was CAD 38.89 million compared to CAD 22.44 million a year ago. Basic earnings per share from continuing operations was CAD 1.59 compared to CAD 0.92 a year ago. Diluted earnings per share from continuing operations was CAD 1.59 compared to CAD 0.92 a year ago.
For the nine months, sales was CAD 889.3 million compared to CAD 474.55 million a year ago. Net income was CAD 87.64 million compared to CAD 67.69 million a year ago. Basic earnings per share from continuing operations was CAD 3.59 compared to CAD 2.77 a year ago. Diluted earnings per share from continuing operations was CAD 3.58 compared to CAD 2.77 a year ago.