announced second-quarter same-store sales climbed five percent year-over-year.
MTY CEO Eric Lefebvre told BNN Bloomberg his company is happy with the results, but has made it a point to tread carefully when it comes to future price hikes levied on customers. During a conference call with investors earlier in the day, Lefebvre said restaurants have reached a “maturity” when it comes to prices.
With many of MTY’s brands considered food court staples, Lefebvre said his company is still rebounding from the pandemic’s impact on mall traffic.
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