Meritage Hospitality Group Inc.
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Robert E. Schermer Jr.
- Full Time Employees
- 10,000
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Address
- 45 Ottawa Avenue SW Grand Rapids MI United States of America 49503
- IPO Date
- Sep 27, 1999
- CIK
- 0000808219
- Website
- meritagehospitality.com
- Similar Companies
- Business
- Meritage Hospitality Group Inc. (MHGU) operates as a leading franchisee and multi-brand operator in the quick-service restaurant industry, primarily managing and developing locations for prominent brands including Wendy's, Tim Hortons, and Subway. The company provides comprehensive restaurant management services, encompassing site selection, construction, operations, supply chain logistics, and maintenance; it also offers real estate development and leasing for its franchise units. Headquartered in Grand Rapids, Michigan, and founded in 1996, Meritage Hospitality Group Inc. conducts its operations across multiple U.S. states, with a focus on the Midwest and Southeast regions, serving a broad customer base of everyday diners seeking convenient fast food options. In recent developments, the company expanded its footprint through strategic acquisitions and new unit openings, including multiple Wendy's restaurants in key markets during 2024 and early 2025; it also strengthened its alliance with Wendy's via renewed franchise agreements emphasizing growth initiatives. Meritage announced a significant funding round in late 2024 to support further restaurant developments and operational enhancements, alongside launching upgraded digital ordering systems across its portfolio to boost customer experience and sales efficiency. These moves reflect ongoing business expansions and a shift toward technology integration in franchise operations within the last two years.
Company News
Meritage Hospitality Group (OTCMKTS:MHGU) Share Price Passes Below 50-Day Moving Average – Here’s What Happened
Meritage Initiates Voluntary Chapter 11 Process to Strengthen Its Balance Sheet and Position the Company for Long-Term Success
Meritage Announces Departure of Michael Ruggeri From Board of Directors
Meritage Reports Second Quarter 2026 Results; Reaffirming Improving Sales & Operating Trends
Meritage Reports First Quarter 2026 Results; Margins Rising, Outlook Better
Meritage Hospitality Group (MHGU) Expected to Announce Earnings on Friday
Meritage Hospitality Group (OTCMKTS:MHGU) Stock Price Passes Below 50 Day Moving Average – Here’s Why
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Meritage Hospitality Group Inc. (MHGU) Reports Q2 Loss, Lags Revenue Estimates
Meritage Reports Second Quarter 2025 Results; New Products & Innovation Cycle Ahead
Meritage Hospitality Group Inc. (MHGU) Reports Q1 Loss, Tops Revenue Estimates
Earnings Preview: Meritage Hospitality Group Inc. (MHGU) Q1 Earnings Expected to Decline
Meritage Reports First Quarter 2025 Results; Reaffirms Full-Year 2025 Earnings Outlook
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Meritage Announces the Passing of Board Member Duane Kluting
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Meritage Hospitality Group Inc. (MHGU) Beats Q4 Earnings and Revenue Estimates
Meritage Announces 2024 Full-Year Results; 2025 Outlook: Accelerating Earnings Growth
Meritage Announced 2024 Preliminary Unaudited Results; 2025 Outlook: Accelerating Earning Growth
Meritage Hospitality to Present at the Small Cap Growth Virtual Investor Conference December 5th