Groupe MTY Considers Selling Some or All of Its Restaurant Business Amid Stock Surge
Groupe MTY, a major restaurant franchise operator with over 80 brands including Sushi Shop, Thai Express, Mikes, Scores, and Bâton Rouge, is exploring strategic options including the sale of all or part of its business. This decision followed a 14% jump in its stock price early in the week, triggered by reports that the company engaged TD Bank to evaluate potential sales, according to anonymous sources cited by Reuters. The company confirmed that its board has initiated a strategic review and hired a financial advisor to examine various options aimed at increasing shareholder value. These options include selling assets or continuing with its current business plan, though no transaction is guaranteed. The stock had previously fallen sharply in 2025, with a 26% decline before Monday's rally, partly due to disappointing quarterly financial results and short-term outlook concerns. Analysts noted that sector evaluations are currently punitive and that economic uncertainties, including U.S. government shutdowns affecting franchise financing, contribute to the stock's volatility. Some analysts suggested that a private equity buyout could be a possibility, given the company's diversified concepts, franchised locations, and stable revenue streams. As of Monday, MTY’s market capitalization was approximately $875 million, with only two of six analysts recommending buying its stock.
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