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MTY Food Group Inc. (MTY:CA) Q1 2026 Earnings Call Transcript

Seeking Alpha

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MTY Food Group reported Q1 2026 earnings on April 10, citing persistent macroeconomic challenges that suppressed consumer spending and same-store sales, though early Q2 data hints at modest sequential improvement. CEO Eric Lefebvre highlighted weakened traffic trends due to low consumer confidence, framing the results as a reflection of broader economic pressures rather than company-specific failures. CFO Renée St-Onge emphasized forward-looking statements carry risks, directing investors to the February 2026 annual report on SEDAR+ for detailed disclosures on potential volatility. Analysts from Scotiabank, RBC, and TD Cowen participated in the call, probing operational resilience and recovery strategies amid the downturn. All figures were presented in Canadian dollars, with full financials available on MTY’s website and SEDAR+, per regulatory requirements.

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SA Transcripts159.25K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call MTY Food Group Inc. (MTY:CA) Q1 2026 Earnings Call April 10, 2026 8:30 AM EDT Company Participants Eric Lefebvre - CEO, President & Non-Independent DirectorRenée St-Onge - Chief Financial Officer Conference Call Participants John Zamparo - Scotiabank Global Banking and Markets, Research DivisionVishal Shreedhar - National Bank Financial, Inc., Research DivisionDerek Lessard - TD Cowen, Research DivisionMichael Glen - Raymond James Ltd., Research DivisionRyland Conrad - RBC Capital Markets, Research Division Presentation Operator Good morning, and welcome to the MTY Food Group 2026 First Quarter Earnings Conference Call. [Operator Instructions] Listeners are reminded that portions of today's discussion may contain forward-looking statements that reflect current views with respect to future events. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. For more information on MTY Food Group's risks and uncertainties related to these forward-looking statements, please refer to the company's annual information form dated February 19, 2026, which is posted on SEDAR+. The company's press release, MD&A and financial statements were issued earlier this morning and are available on its website and on SEDAR+. All figures presented on today's call are in Canadian dollars, unless otherwise stated. This morning's call is being recorded on Friday, April 10, 2026 at 8:30 a.m. Eastern Time. I would now like to turn the call over to Mr. Eric Lefebvre, Chief Executive Officer of MTY Food Group. Please go ahead, sir. Eric LefebvreCEO, President & Non-Independent Director Thank you, and good morning, everyone. This morning, we released our 2026 first quarter results, which you can find posted on our website. The macroeconomic conditions remain challenging through the first quarter. Consumer confidence remains low and impacts consumer spending negatively, as reflected in our same-store sales figures and traffic trends. Encouragingly, early Q2 data shows signs of sequential

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