Meritage Reports Second Quarter 2013 Results; Significant Sales & Earnings Growth
(firmenpresse) - GRAND RAPIDS, MI -- (Marketwired) -- 07/18/13 -- Meritage Hospitality Group, Inc. (OTCQX: MHGU), one of the nation's premier restaurant operators, today reported financial results for the second quarter ended June 30, 2013.
"We are pleased with the continued integration of our newly acquired Wendy's restaurants and the opening of our 113th restaurant. We have allocated substantial resources toward Wendy's growth, including the re-development of three 'Image Activation' restaurants, which we believe will accelerate our Wendy's portfolio transformation.
"The Company is preparing to open a new casual dining restaurant named 'Freighters' under its proprietary casual dining themed restaurant concept during the third quarter," added Meritage CEO, Robert E. Schermer, Jr. Freighters Eatery and Taproom serves as the centerpiece in a new $24.0 million Hilton Double Tree Hotel, Blue Water Convention Center and Baker College Culinary Institute, located on the St. Clair River in Port Huron, MI.
Meritage is one of the nation's premier franchise operators, currently operating 113 quick-service and casual dining restaurants. The Company specializes in the development and operation of restaurants, utilizing its scalable back-of-house operating platform. The Company is headquartered in Grand Rapids, MI and employs a growing workforce of approximately 3,800. The Company's public filings can be viewed at , under the common stock symbol MHGU and the company's website at .
SAFE HARBOR STATEMENT
Certain information in this news release, particularly information regarding future economic performance and finances, and plans, expectations and objectives of management, constitutes forward-looking statements. Factors set forth in our Safe Harbor Statement, in addition to other possible factors not listed, could affect the Company's actual results and cause such results to differ materially from those expressed in forward-looking statements. Please review the Company's Safe Harbor Statement at .
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 18.07.2013 - 09:07 Uhr
Sprache: Deutsch
News-ID 1246788
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
GRAND RAPIDS, MI
Phone:
Kategorie:
Restaurants
Anmerkungen:
Diese Pressemitteilung wurde bisher 158 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Meritage Reports Second Quarter 2013 Results; Significant Sales & Earnings Growth
"
steht unter der journalistisch-redaktionellen Verantwortung von
Meritage Hospitality Group Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
