MTY Food Group net income surges 131% in Q4
System sales saw an 11% increase year-on-year, reaching $1.3bn in the fourth quarter of 2023.
16 February 2024
16 February 2024
System sales saw an 11% increase year-on-year, reaching $1.3bn in the fourth quarter of 2023.
The coffeehouse’s new location offers ethically sourced coffee and fresh food.
The decision has been made after a review of the brand's delivery strategy, which was announced in December 2023.
The company's investment of £15m will raise the starting hourly wage to £12 from £10.70, with higher pay in Central London.
The opening is part of a broader initiative to enhance the representation of Nordic and Scandinavian culture at the airport.
The offering combines seasoned chicken, Mexican spices and melted cheese in a taco shell.
The investment will be used by the coffee chain to expand its business in the US.
The acquired restaurant franchise operates four locations in the state of Texas.
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