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Meritage Hospitality Group Inc. Stock Price

OTCPK:MHGU Community·US$33.7m Market Cap
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MHGU Share Price Performance

US$5.05
-10.40 (-67.31%)
US$5.05
-10.40 (-67.31%)
Price US$5.05

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Snowflake Analysis

Medium-low risk with acceptable track record.

6 Risks
2 Rewards

Meritage Hospitality Group Inc. Key Details

US$668.8m

Revenue

US$534.6m

Cost of Revenue

US$134.2m

Gross Profit

US$128.7m

Other Expenses

US$5.5m

Earnings

Last Reported Earnings
Dec 29, 2024
Next Reporting Earnings
n/a
0.83
20.07%
0.83%
158.1%
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About MHGU

Founded
1986
Employees
6850
CEO
Robert Schermer
WebsiteView website
www.meritagehospitality.com

Meritage Hospitality Group Inc., together with its subsidiaries, operates quick-service and casual dining restaurants. The company operates restaurants under the Wendy’s, Morning Belle, and Stan’s Tacos, as well as Blue Porch Bar & Grill brand names in Arkansas, Connecticut, Florida, Georgia, Indiana, Massachusetts, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, Tennessee, Texas, and Virginia. It is also involved in franchising activities. The company was formerly known as Thomas Edison Inns, Inc. and changed its name to Meritage Hospitality Group Inc. in May 1996. Meritage Hospitality Group Inc. was incorporated in 1986 and is based in Grand Rapids, Michigan.

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