StreetInsider.com News Articles

Meritage Reports First Quarter 2026 Results; Margins Rising, Outlook Better

Fri, 08 May 2026 17:44:00 -0400

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 Quarter Highlights:

Sales were $132.6 million compared to $154.5 million for the same period last year (current period included approximately 40 fewer restaurants as well as the reduction of hours during the morning daypart in certain restaurants).
Earnings (loss) from Operations were $(10.6) million compared to $(3.7) million for the same period last year (current period included one-time charges of

Meritage Reports First Quarter 2026 Results; Margins Rising, Outlook Better

Fri, 08 May 2026 17:44:00 -0400

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 Quarter Highlights:

Sales were $132.6 million compared to $154.5 million for the same period last year (current period included approximately 40 fewer restaurants as well as the reduction of hours during the morning daypart in certain restaurants).
Earnings (loss) from Operations were $(10.6) million compared to $(3.7) million for the same period last year (current period included one-time charges of

Meritage Reports First Quarter 2026 Results; Margins Rising, Outlook Better

Fri, 08 May 2026 17:44:00 -0400

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 Quarter Highlights:

Sales were $132.6 million compared to $154.5 million for the same period last year (current period included approximately 40 fewer restaurants as well as the reduction of hours during the morning daypart in certain restaurants).
Earnings (loss) from Operations were $(10.6) million compared to $(3.7) million for the same period last year (current period included one-time charges of

Meritage Reports First Quarter 2026 Results; Margins Rising, Outlook Better

Fri, 08 May 2026 17:44:00 -0400

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 Quarter Highlights:

Sales were $132.6 million compared to $154.5 million for the same period last year (current period included approximately 40 fewer restaurants as well as the reduction of hours during the morning daypart in certain restaurants).
Earnings (loss) from Operations were $(10.6) million compared to $(3.7) million for the same period last year (current period included one-time charges of

Meritage Reports First Quarter 2026 Results; Margins Rising, Outlook Better

Fri, 08 May 2026 17:44:00 -0400

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 Quarter Highlights:

Sales were $132.6 million compared to $154.5 million for the same period last year (current period included approximately 40 fewer restaurants as well as the reduction of hours during the morning daypart in certain restaurants).
Earnings (loss) from Operations were $(10.6) million compared to $(3.7) million for the same period last year (current period included one-time charges of

Meritage Reports First Quarter 2026 Results; Margins Rising, Outlook Better

Fri, 08 May 2026 17:44:00 -0400

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 Quarter Highlights:

Sales were $132.6 million compared to $154.5 million for the same period last year (current period included approximately 40 fewer restaurants as well as the reduction of hours during the morning daypart in certain restaurants).
Earnings (loss) from Operations were $(10.6) million compared to $(3.7) million for the same period last year (current period included one-time charges of

Meritage Reports First Quarter 2026 Results; Margins Rising, Outlook Better

Fri, 08 May 2026 17:44:00 -0400

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 Quarter Highlights:

Sales were $132.6 million compared to $154.5 million for the same period last year (current period included approximately 40 fewer restaurants as well as the reduction of hours during the morning daypart in certain restaurants).
Earnings (loss) from Operations were $(10.6) million compared to $(3.7) million for the same period last year (current period included one-time charges of

Meritage Reports First Quarter 2026 Results; Margins Rising, Outlook Better

Fri, 08 May 2026 17:44:00 -0400

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 Quarter Highlights:

Sales were $132.6 million compared to $154.5 million for the same period last year (current period included approximately 40 fewer restaurants as well as the reduction of hours during the morning daypart in certain restaurants).
Earnings (loss) from Operations were $(10.6) million compared to $(3.7) million for the same period last year (current period included one-time charges of

Meritage Announced 2025 Preliminary Unaudited Results; 2026 Outlook: Sales and Margin Recovery

Mon, 19 Jan 2026 16:45:00 -0400

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 ended December 28, 2025, ahead of presenting at the Sidoti Micro-Cap Conference.

2025 Full-Year Highlights:

Sales were $617.7 million compared to $668.8 million last year.
Earnings (Loss) from Operations were $(22.9) million compared to $13.3 million last year (current year included one-time and non-cash charges of $13.7 associated with pre-opening & costs related to the closure of 21 underperforming

Meritage Announced 2025 Preliminary Unaudited Results; 2026 Outlook: Sales and Margin Recovery

Mon, 19 Jan 2026 16:45:00 -0400

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 ended December 28, 2025, ahead of presenting at the Sidoti Micro-Cap Conference.

2025 Full-Year Highlights:

Sales were $617.7 million compared to $668.8 million last year.
Earnings (Loss) from Operations were $(22.9) million compared to $13.3 million last year (current year included one-time and non-cash charges of $13.7 associated with pre-opening & costs related to the closure of 21 underperforming

Meritage Announced 2025 Preliminary Unaudited Results; 2026 Outlook: Sales and Margin Recovery

Mon, 19 Jan 2026 16:45:00 -0400

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 ended December 28, 2025, ahead of presenting at the Sidoti Micro-Cap Conference.

2025 Full-Year Highlights:

Sales were $617.7 million compared to $668.8 million last year.
Earnings (Loss) from Operations were $(22.9) million compared to $13.3 million last year (current year included one-time and non-cash charges of $13.7 associated with pre-opening & costs related to the closure of 21 underperforming

Meritage Announced 2025 Preliminary Unaudited Results; 2026 Outlook: Sales and Margin Recovery

Mon, 19 Jan 2026 16:45:00 -0400

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 ended December 28, 2025, ahead of presenting at the Sidoti Micro-Cap Conference.

2025 Full-Year Highlights:

Sales were $617.7 million compared to $668.8 million last year.
Earnings (Loss) from Operations were $(22.9) million compared to $13.3 million last year (current year included one-time and non-cash charges of $13.7 associated with pre-opening & costs related to the closure of 21 underperforming

Meritage Announced 2025 Preliminary Unaudited Results; 2026 Outlook: Sales and Margin Recovery

Mon, 19 Jan 2026 16:45:00 -0400

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 ended December 28, 2025, ahead of presenting at the Sidoti Micro-Cap Conference.

2025 Full-Year Highlights:

Sales were $617.7 million compared to $668.8 million last year.
Earnings (Loss) from Operations were $(22.9) million compared to $13.3 million last year (current year included one-time and non-cash charges of $13.7 associated with pre-opening & costs related to the closure of 21 underperforming

Meritage Announced 2025 Preliminary Unaudited Results; 2026 Outlook: Sales and Margin Recovery

Mon, 19 Jan 2026 16:45:00 -0400

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 ended December 28, 2025, ahead of presenting at the Sidoti Micro-Cap Conference.

2025 Full-Year Highlights:

Sales were $617.7 million compared to $668.8 million last year.
Earnings (Loss) from Operations were $(22.9) million compared to $13.3 million last year (current year included one-time and non-cash charges of $13.7 associated with pre-opening & costs related to the closure of 21 underperforming

Meritage Announced 2025 Preliminary Unaudited Results; 2026 Outlook: Sales and Margin Recovery

Mon, 19 Jan 2026 16:45:00 -0400

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 ended December 28, 2025, ahead of presenting at the Sidoti Micro-Cap Conference.

2025 Full-Year Highlights:

Sales were $617.7 million compared to $668.8 million last year.
Earnings (Loss) from Operations were $(22.9) million compared to $13.3 million last year (current year included one-time and non-cash charges of $13.7 associated with pre-opening & costs related to the closure of 21 underperforming

Meritage Announced 2025 Preliminary Unaudited Results; 2026 Outlook: Sales and Margin Recovery

Mon, 19 Jan 2026 16:45:00 -0400

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 ended December 28, 2025, ahead of presenting at the Sidoti Micro-Cap Conference.

2025 Full-Year Highlights:

Sales were $617.7 million compared to $668.8 million last year.
Earnings (Loss) from Operations were $(22.9) million compared to $13.3 million last year (current year included one-time and non-cash charges of $13.7 associated with pre-opening & costs related to the closure of 21 underperforming

Meritage Reports Third Quarter 2025 Results

Tue, 11 Nov 2025 16:00:00 -0400

GRAND RAPIDS, Mich., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), today reported financial results for the third quarter and nine months ended September 28, 2025.

2025 Third Quarter Highlights:

Sales were $154.6 million compared to $164.8 million for the same period last year.
Earnings (Loss) from Operations were ($6.6) million compared to $0.6 million for the same period last year. Of note, third quarter of 2025 results included a one-time, non-cash charge of $2.7 million.
Net Earnings (Loss) was ($9.0) million compared to ($1.8) million for

Meritage Reports Third Quarter 2025 Results

Tue, 11 Nov 2025 16:00:00 -0400

GRAND RAPIDS, Mich., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), today reported financial results for the third quarter and nine months ended September 28, 2025.

2025 Third Quarter Highlights:

Sales were $154.6 million compared to $164.8 million for the same period last year.
Earnings (Loss) from Operations were ($6.6) million compared to $0.6 million for the same period last year. Of note, third quarter of 2025 results included a one-time, non-cash charge of $2.7 million.
Net Earnings (Loss) was ($9.0) million compared to ($1.8) million for

Meritage Reports Third Quarter 2025 Results

Tue, 11 Nov 2025 16:00:00 -0400

GRAND RAPIDS, Mich., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), today reported financial results for the third quarter and nine months ended September 28, 2025.

2025 Third Quarter Highlights:

Sales were $154.6 million compared to $164.8 million for the same period last year.
Earnings (Loss) from Operations were ($6.6) million compared to $0.6 million for the same period last year. Of note, third quarter of 2025 results included a one-time, non-cash charge of $2.7 million.
Net Earnings (Loss) was ($9.0) million compared to ($1.8) million for

Meritage Reports Third Quarter 2025 Results

Tue, 11 Nov 2025 16:00:00 -0400

GRAND RAPIDS, Mich., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), today reported financial results for the third quarter and nine months ended September 28, 2025.

2025 Third Quarter Highlights:

Sales were $154.6 million compared to $164.8 million for the same period last year.
Earnings (Loss) from Operations were ($6.6) million compared to $0.6 million for the same period last year. Of note, third quarter of 2025 results included a one-time, non-cash charge of $2.7 million.
Net Earnings (Loss) was ($9.0) million compared to ($1.8) million for

Meritage Reports Third Quarter 2025 Results

Tue, 11 Nov 2025 16:00:00 -0400

GRAND RAPIDS, Mich., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), today reported financial results for the third quarter and nine months ended September 28, 2025.

2025 Third Quarter Highlights:

Sales were $154.6 million compared to $164.8 million for the same period last year.
Earnings (Loss) from Operations were ($6.6) million compared to $0.6 million for the same period last year. Of note, third quarter of 2025 results included a one-time, non-cash charge of $2.7 million.
Net Earnings (Loss) was ($9.0) million compared to ($1.8) million for

Meritage Reports Third Quarter 2025 Results

Tue, 11 Nov 2025 16:00:00 -0400

GRAND RAPIDS, Mich., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), today reported financial results for the third quarter and nine months ended September 28, 2025.

2025 Third Quarter Highlights:

Sales were $154.6 million compared to $164.8 million for the same period last year.
Earnings (Loss) from Operations were ($6.6) million compared to $0.6 million for the same period last year. Of note, third quarter of 2025 results included a one-time, non-cash charge of $2.7 million.
Net Earnings (Loss) was ($9.0) million compared to ($1.8) million for

Meritage Reports Third Quarter 2025 Results

Tue, 11 Nov 2025 16:00:00 -0400

GRAND RAPIDS, Mich., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), today reported financial results for the third quarter and nine months ended September 28, 2025.

2025 Third Quarter Highlights:

Sales were $154.6 million compared to $164.8 million for the same period last year.
Earnings (Loss) from Operations were ($6.6) million compared to $0.6 million for the same period last year. Of note, third quarter of 2025 results included a one-time, non-cash charge of $2.7 million.
Net Earnings (Loss) was ($9.0) million compared to ($1.8) million for

Meritage Reports Third Quarter 2025 Results

Tue, 11 Nov 2025 16:00:00 -0400

GRAND RAPIDS, Mich., Nov. 11, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), today reported financial results for the third quarter and nine months ended September 28, 2025.

2025 Third Quarter Highlights:

Sales were $154.6 million compared to $164.8 million for the same period last year.
Earnings (Loss) from Operations were ($6.6) million compared to $0.6 million for the same period last year. Of note, third quarter of 2025 results included a one-time, non-cash charge of $2.7 million.
Net Earnings (Loss) was ($9.0) million compared to ($1.8) million for

Meritage Reports Second Quarter 2025 Results; New Products & Innovation Cycle Ahead

Tue, 12 Aug 2025 17:24:00 -0400

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 Quarter 2025 Highlights

Sales were $163.5 million compared to $172.4 million for the same period last year.
Earnings from Operations were $3.0 million compared to $6.7 million for the same period last year.
Net Earnings were $0.335 million compared to $3.0 million for the same period last year.
Consolidated EBITDA (a non-GAAP measure) was $7.5