Beloved pizza chain to close up to 50 locations
MTY is shutting down dozens of restaurant locations following a decline in sales and profits.
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The brief
Montreal-based MTY is closing 68 restaurants. This move follows a drop in sales and profits, with other coverage specifically noting that up to 50 underperforming stores of a popular pizza chain will be closed after significant losses.
Reporting from The Independent, Delish, the Montreal Gazette, and the New York Post emphasizes the closure of these locations nationwide. The news coincides with MTY's reporting of its second quarter results for fiscal 2026, as detailed by GlobeNewswire.
Future developments depend on the fiscal results reported by MTY and the specific impact of the closures on the pizza chain's nationwide footprint.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 5h ago.
Quick answers
Which company is closing locations?
Montreal-based MTY.
How many restaurants are being closed in total?
According to the Montreal Gazette, MTY will close 68 restaurants.
Why are the closures happening?
The closures follow a fall in sales and profit, as well as huge losses at underperforming stores.
Coverage (6)
- Beloved Pizza Chain Set To Close 50 Locations Nationwide AOL.com · 9h ago
- Popular pizza chain to close 50 underperforming stores after huge losses The Independent · 9h ago
- Beloved Pizza Chain Set To Close 50 Locations Nationwide Delish · 9h ago
- Montreal-based MTY to close 68 restaurants after sales and profit fall Montreal Gazette · 9h ago
- MTY Reports Second Quarter Results for Fiscal 2026 GlobeNewswire · 9h ago
- Beloved pizza chain to close up to 50 locations New York Post · 9h ago
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