Papa Murphy’s to Close Up to 50 Locations in 2026

MTY Food Group announced plans to close up to 50 Papa Murphy’s locations as part of a broader strategy to reduce corporate-owned stores. This move follows a trend of national pizza chains shuttering locations in 2026, with Pizza Hut and Papa Johns also announcing significant closures.

The decision was revealed during MTY Food Group's second quarter 2026 earnings call, where the company reported a revenue decline of 8.2% to $279.9 million CAD compared to the previous year. MTY attributed this decrease to factors including lower revenue from corporate stores, directly correlated with a reduction in the number of company-operated locations. Papa Murphy’s, a significant brand within MTY’s portfolio, operates a substantial retail presence across 34 U.S. states.

As of November 2025, Papa Murphy’s had a total of 1,014 stores, comprising 965 franchised locations and 49 company-operated sites in the United States. The planned closures will primarily impact these company-owned Papa Murphy’s outlets. MTY’s CEO, Eric Lefebvre, stated on the earnings call that the company intends to close 68 company-owned stores across all its brands in the near future, with the majority of these being Papa Murphy’s.

MTY Food Group manages a diverse range of restaurant brands in the U.S. and Canada, including Baja Fresh Mexican Grill, Blimpie, Cold Stone Creamery, Planet Smoothy, and Wetzel’s Pretzels. The "take and bake" pizza chain Papa Murphy’s represents one of the largest retail footprints for MTY in America, making its corporate store closures a notable development for the company and the pizza industry.