– Meritage Announces Annual Meeting Results And

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GRAND RAPIDS, Mich., May 24, 2024 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, announced today during the Annual Shareholders Meeting, that the Company’s shareholders approved the election of six directors: Chris A. Armbruster, John W. Inwright, Duane F. Kluting, Dirk J. Pruis, Gary A.

WIN BIG with Horizon Shopping Centre’s Deal of the Month Competition…Upsides of Social Media MarketingGRAND RAPIDS, Mich., May 24, 2024 — Meritage Hospitality Group Inc. , the nation’s premier franchise operator, announced today during the Annual Shareholders Meeting, that the Company’s shareholders approved the election of six directors: Chris A. Armbruster, John W. Inwright, Duane F. Kluting, Dirk J. Pruis, Gary A. Rose, Robert E. Schermer, Jr.

“Our earnings from operations outlook remains healthy for the second half of the year with the food and labor inflation improvements that we have been experiencing. We are focused on balancing restaurants sales and operations with the development obligations and opportunities of new Wendy’s and Morning Belle restaurants,” stated Meritage CEO, Robert E. Schermer, Jr.

As of March 31, 2024, the Company had total Weighted Average Fully Diluted Shares Outstanding of 8,241,318 shares. The Company’s current and publicly available information pursuant to SEC Rule 15c2-11 and FINRA Rule 6432 can be found atCertain information in this new release, particularly information regarding future economic performance and finances, and plans, expectations, and objectives of management, constitutes forward-looking statements.

 

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