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MTY Food Group Inc.

10:00 AM EST - MTY Food Group Inc. : Reported today financial results for the first quarter ended February 28, 2023 and declares its quarterly dividend of 25 cents per share, payable on May 15, 2023 to shareholders registered in the Company's records at the end of the business day on May 3. Normalized adjusted EBITDA increased 79% to $64.0 million in the quarter, compared to $35.6 million in Q1-22. Net income attributable to owners of $18.4 million in the quarter, or $0.75 per diluted share, compared to $16.6 million, or $0.68 per diluted share, in Q1-22. MTY Food Group Inc. shares T.MTY are trading up $2.47 at $63.57.