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 million compared to $12.5 million for the same period last year.
“Our second quarter results reflect broader industry dynamics, including shifts in consumer behavior and intensified promotional activity across QSR. While mindful of the macroeconomic environment, we are energized by recent Wendy’s leadership changes and fully aligned behind a strategic roadmap focused on knowing our customers better and reaching them more effectively, reducing programming complexity and increasing focus and strong …