Investing.com - MTY Food reported on Friday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
MTY Food announced earnings per share of C$0.92 on revenue of C$171.54M. Analysts polled by Investing.com anticipated EPS of C$1.09 on revenue of C$162.59M.
MTY Food shares are down 16% from the beginning of the year and are trading at C$53.04 , down-from-52-week-high.
MTY Food shares lost 8.74% in intra-day trade the report.
MTY Food follows other major Consumer Discretionary sector earnings this month
MTY Food's report follows an earnings beat by Dollarama on September 9, who reported EPS of C$0.66 on revenue of C$1.22B, compared to forecasts EPS of C$0.642 on revenue of C$1.19B.
Roots had missed expectations on September 13 with second quarter EPS of C$-0.08 on revenue of C$47.8M, compared to forecast for EPS of C$-0.0475 on revenue of C$43.95M.
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