Meritage Reports Third Quarter 2026 Results
Meritage Hospitality Group reported Q3 2026 sales of $133.6 million, down from $154.6 million year-over-year, with a net loss of $7.7 million. The company is undergoing major restructuring and initiated a voluntary Chapter 11 bankruptcy process to strengthen its balance sheet. Year-to-date results show significant deterioration with a net loss of $30.8 million compared to $12.9 million loss in the prior year. Management expressed confidence in the Wendy's brand and new strategic initiatives including optional breakfast and the 'Dave's Way' operational turnaround program.


