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Meritage Hospitality Group filed for Chapter 11 bankruptcy protection last week, pointing to deteriorating beef economics and what it called "reduced frequency and effectiveness of Wendy's brand marketing" during the chain's prior leadersh…
This story was originally published on QSR. To receive daily news and insights, subscribe to our free daily QSR AM Jolt.Meritage plans to use the bankruptcy process to consider strategic options to preserve its core Wendy's business. Merit…
Struggling quick-service restaurant (QSR) company Wendy's (NASDAQ: WEN) didn't barrel into the weekend on a high note, at least as far as its stock was concerned. That followed news that a major corporate franchisee running hundreds of Wen…
This article first appeared on GuruFocus. Wendy's (WEN) is facing another sign of stress across its U.S. restaurant system after one of its largest franchise operators filed for Chapter 11 bankruptcy protection amid weak sales and mounting…
Meritage Hospitality Group, among the biggest Wendy's franchisees in the United States, filed for Chapter 11 bankruptcy protection Thursday, blaming financial strain tied to prolonged weakness in the Wendy's brand. The Grand Rapids, Michig…
US-based restaurant operator Meritage Hospitality Group has filed for voluntary Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Western District of Michigan, seeking to reorganise its balance sheet and establish a susta…
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Dive Brief: Wendy's franchisee Meritage Hospitality Group filed for Chapter 11 bankruptcy p…
Meritage Hospitality Group, Inc. GRAND RAPIDS, Mich., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU) ("Meritage" or the "Company"), one of the nation's largest restaurant operators, today announced that it…
JACKSONVILLE, Fla., Aug. 18, 2026 /PRNewswire/ -- CrownPoint Partners is pleased to announce the successful closing of two separately owned Wendy's properties in Jacksonville, Florida, totaling $4 million in transaction volume. The two pro…
Meritage Hospitality Group, Inc. GRAND RAPIDS, Mich., July 17, 2026 (GLOBE NEWSWIRE) -- July 17, 2026. Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation's premier franchise operators, today reported financial results for the…
GRAND RAPIDS, Mich., July 17, 2026 (GLOBE NEWSWIRE) -- July 17, 2026. Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation’s premier franchise operators, today reported financial results for the second quarter ended June 28, 20…
* Meritage Hospitality Group press release [https://seekingalpha.com/pr/20508254-meritage-reports-first-quarter-2026-results-margins-rising-outlook-better] (MHGU [https://seekingalpha.com/symbol/MHGU]): Q1 sales were $132.6 million compare…
GRAND RAPIDS, Mich., May 08, 2026 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation’s premier franchise operators, today reported financial results for the first quarter ending March 29, 2026. First Quart…
GRAND RAPIDS, Mich., Jan. 19, 2026 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation’s premier franchise operators, today reported preliminary financial results for the fourth quarter and fiscal year ende…
* Meritage Hospitality Group press release [https://seekingalpha.com/pr/20198807-meritage-reports-second-quarter-2025-results-new-products-and-innovation-cycle-ahead] (OTCQX:MHGU [https://seekingalpha.com/symbol/MHGU]): Q2 Revenue of $163.…
Meritage Hospitality Group, Inc. GRAND RAPIDS, Mich., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation’s premier franchise operators, today reported financial results for the second quarter…
GRAND RAPIDS, Mich., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation’s premier franchise operators, today reported financial results for the second quarter ended June 29, 2025. Second Quar…
Papa John's (PZZA) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items. T…
Shake Shack (SHAK) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items. T…
GRAND RAPIDS, Mich., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today the Company’s Board of Directors approved a quarterly special dividend of $0.06…
GRAND RAPIDS, Mich., Oct. 20, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the third quarter and the nine months ended October 1, 2023…
GRAND RAPIDS, Mich., Aug. 16, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today the Company’s Board of Directors approved a quarterly special dividend of $0.09…
Meritage Hospitality Group, Inc. GRAND RAPIDS, Mich., July 14, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the second quarter ended J…
GRAND RAPIDS, Mich., July 14, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the second quarter ended July 2, 2023. Second Quarter Highl…
Meritage Hospitality Group, Inc. GRAND RAPIDS, Mich., May 16, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today during the Annual Shareholders Meeting, that the…
GRAND RAPIDS, Mich., May 16, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today during the Annual Shareholders Meeting, that the Company’s shareholders approved…
Meritage Hospitality Group, Inc. GRAND RAPIDS, Mich., May 10, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today that it has acquired an additional 25 Wendy’s re…
GRAND RAPIDS, Mich., May 10, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today that it has acquired an additional 25 Wendy’s restaurants located in the North Ca…
Meritage Hospitality Group, Inc. GRAND RAPIDS, Michigan, April 14, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the first quarter ende…
GRAND RAPIDS, Michigan, April 14, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the first quarter ended April 2, 2023. First Quarter Hi…
Meritage Hospitality Group, Inc. GRAND RAPIDS, Mich., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise restaurant operator, today reported preliminary financial results for the…
GRAND RAPIDS, Mich., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise restaurant operator, today reported preliminary financial results for the fiscal year ended January 1, 202…
Meritage Hospitality Group, Inc. GRAND RAPIDS, Mich., Dec. 21, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today announced that the Company has entered into a definitive…
GRAND RAPIDS, Mich., Dec. 21, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today announced that the Company has entered into a definitive agreement to acquire a portfolio…
GRAND RAPIDS, Mich., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today announced that the Company has entered into a definitive agreement to acquire a portfolio…
Meritage Hospitality Group, Inc. GRAND RAPIDS, Mich., Dec. 20, 2022 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today announced that the Company has entered into a definitive…