Earnings Call Summary | MTY FOOD GROUP INC(MTYFF.US) Q2 2024 Earnings Conference
Earnings Call Summary | MTY FOOD GROUP INC(MTYFF.US) Q2 2024 Earnings Conference
Total revenues slightly decreased from CAD305.2 million in Q2 2023 to CAD303.7 million in the current year.The following is a summary of the MTY Food Group Inc. (MTYFF) Q2 2024 Earnings Call Transcript:
以下是MTY Food Group Inc.（MTYFF）2024年Q2業績會交流總結：
Financial Performance:
金融業績：
System sales for the quarter were CAD1.459 billion, a 1% decrease primarily due to a CAD13.8 million decline in Canada, offset by a CAD3.5 million improvement in the US.
Normalized adjusted EBITDA increased by 1% reaching CAD52.6 million for the quarter.
Total revenues slightly decreased from CAD305.2 million in Q2 2023 to CAD303.7 million in the current year.
Free cash flow per share for the quarter was CAD1.01, totaling CAD5.21 per share over the last 12 months.
本季度系統銷售額爲1.459億加元，下降1％，主要是由於加拿大下降了1380萬加元，而美國部分改善了350萬加元。
標準調整後的調整後稅息折舊和攤銷費用（Adjusted EBITDA）爲5260萬加元，同比增長1％。
總收入略微下降，從2023年第二季度的305.2百萬加元降至今年的303.7百萬加元。
本季度每股自由現金流爲1.01加元，過去12個月每股自由現金流爲5.21加元。
Business Progress:
業務進展：
Digital sales for the quarter increased by 8%, rising from CAD266.8 million to CAD287.7 million, making up 20% of total sales.
MTY continued to focus on brand performance improvements, particularly in the US where snack category brands like Cold Stone and Wetzel's Pretzels posted strong gains.
The company closed 90 locations and opened 85, netting a decrease of 5 locations, ending the quarter with 7,107 locations.
本季度數字銷售增長了8％，從2.668億加元增加到2.877億加元，佔總銷售額的20％。
MTY繼續專注於品牌表現的提高，特別是在美國，在那裏快餐類別品牌例如Cold Stone和Wetzel's Pretzels取得了強勁的增長。
本公司關閉了90個位置，開放了85個位置，淨下降5個位置，本季度結束時共有7107個位置。
Opportunities:
機會：
Positive system sales growth in the US, particularly in the snack category which includes Cold Stone, Wetzel's Pretzels, and others which performed exceptionally well during the quarter.
美國的系統銷售額增長積極，特別是零食類別包括Cold Stone、Wetzel's Pretzels和其他產品，這些產品在本季度表現良好。
Risks:
風險：
Operational disruptions remain a concern, particularly from the ongoing ERP implementation which has been moving forward with increased intensity.
Economic factors such as minimum wage increases and intensified promotional activities in the competitive food sector could affect profitability.
運營中斷仍然是一個問題，特別是持續進行的企業資源計劃（ERP）實施，其強度不斷增加。
經濟因素，例如最低工資上漲和競爭激烈的食品行業的促銷活動可能會影響盈利能力。
More details: MTY FOOD GROUP INC IR
更多詳情: MTY FOOD GROUP INC IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
