Hi there,
MTY Group (TSX:MTY) is a solid company that performed quite well pre-pandemic. It owns a variety of restaurant and quick restaurant brands. One of the issues, is that the company's quick service segment is littered with names that are attached to big shopping centres. This means, that unlike big peers such as Restaurant Brands International (Tim Horton's parent), they didn't have drive through at the majority of their locations, and takeout options were limited. MTY was forced to suspend the dividend to preserve cash.
That being said, the company has been in business for over 35 years over which time it has vastly increased its footprint through acquisition. Over thh short term, the share price is likely to remain depressed but it is unlikely the company will suddenly disappear. It has over 7,000 locations worldwide and is well positioned to benefit from an economic rebound. It is worth noting that the company was also removed from the S&P/TSX Composite Index and as such, funds tracking the Index will start to dump their positions.
As for Great Canadian Gaming, I believe this casino operator is in for a longer recovery. Casinos will be among the last to open, and will likely do so at limited capacity. Once fully operational, will crowds gather to the same extent they once did? It is this uncertainty that management and investors are currently grappling with.
Between the two, I believe MTY is better positioned for a faster rebound.
Mat