Topic: How To Invest

Hi, Pat: Could you please give me your opinion about MTY Food Group? Thank you.

Article Excerpt

MTY Food Group, $33.48, symbol MTY on Toronto (Shares outstanding: 19.1 million; Market cap: $640.2 million; www.mtygroup.com), franchises and operates quick-service restaurants. As of August 31, 2014, MTY had 2,611 locations, of which 2,586 were operated by franchisees and 25 were company-run. Its outlets operate under a number of banners, including La Crémière, Panini Pizza Pasta, Chick ‘n’ Chick, Cultures, Thai Express, Vanellis, TCBY, Yogen Früz, Sushi Shop, Koya Japan, Tutti Frutti, Taco Time, Country Style, Valentine, Jugo Juice, Mr. Sub and Mr. Souvlaki. MTY’s locations are in food courts and shopping malls, on streets and in non-traditional places, like gas stations, convenience stores, cinemas and amusement parks. The street-front shops include Country Style, La Crémière, TCBY, Sushi Shop, Taco Time, Tutti Frutti, Valentine and Mr. Sub. La Crémière (ice cream) and TCBY (frozen yogurt) mainly operate from April to September, while the other chains are open year-round. In July…