MTY Food Group Inc. reported a profit of $19.3-million in its latest quarter, up from $16.2-million in the same period last year.
The franchiser and operator of a broad range of restaurants says the profit amounted to 76 cents a share for the quarter ended that May 31, up from 64 cents a share a year earlier.
Revenue in the company’s second quarter totalled $130.6-million, up from $107.4-million, boosted by an increase in sales and the acquisition of Casa Grecque late last year.
MTY said consolidated same-store sales were up 0.6 per cent boosted by a 1.4-per-cent improvement in Canada and a 0.6-per-cent gain in the United States.
Same-store sales in its international markets were down 9.2 per cent.
MTY’s restaurants include shopping-mall food-court staples such as Thai Express, Vanellis and Manchu Wok, as well as full-service restaurants such as Bâton Rouge, Pizza Delight and Scores.