Financial Performance - The company reported sales of $617.7 million for the fiscal year 2025, a decrease from $668.8 million in the previous year [8] - The loss from operations was $(22.9) million compared to a profit of $13.3 million last year, which included one-time charges of $13.7 million related to pre-opening and closure costs of 21 underperforming restaurants [8] - Net earnings were $(26.3) million, down from $8.0 million in the previous year [8] - Consolidated EBITDA was $(6.8) million, a significant decline from $42.4 million last year [8] Fourth Quarter Highlights - Sales for the fourth quarter were $145.0 million, down from $168.7 million for the same period last year [8] - The loss from operations for the fourth quarter was $(15.7) million compared to $(2.3) million in the same quarter last year, including one-time charges of $10.6 million [8] - Net earnings for the fourth quarter were $(13.4) million, compared to a profit of $5.2 million in the previous year [8] - Consolidated EBITDA for the fourth quarter was $(12.3) million, down from $13.7 million last year [8] Operational Insights - The company ended the year with 365 restaurants across 15 states, including the Morning Belle concept, which achieved an 8.7% increase in same restaurant sales in 2025 [5] - The company anticipates substantial EBITDA recovery in 2026 due to cost-saving initiatives and new product innovations [4] - The company is focusing on general and administrative cost reductions and operational efficiencies to improve overall economics and customer experience [5] Future Outlook - The initial fiscal 2026 outlook suggests a margin recovery story, with strategic priorities aimed at leveraging cost savings and returning to normalized margins [6] - The company expects sales in the range of $610 million to $620 million, with earnings from operations projected between $6.0 million and $7.0 million, and EBITDA expected to be between $18.0 million and $20.0 million [9]

Core Insights - Meritage Hospitality Group Inc. reported challenging financial results for Q3 2025, with significant declines in sales and earnings due to external pressures in the QSR industry [3][9][10] - The company is undergoing a major restructuring to improve store-level margins and has launched "Project Fresh" to enhance brand performance and customer experience [3][4][7] Financial Performance - Q3 2025 sales were $154.6 million, down from $164.8 million in Q3 2024, with a loss from operations of $6.6 million compared to a profit of $0.6 million in the prior year [9] - Year-to-date sales totaled $472.7 million, a decrease from $500.1 million in the same period last year, with a net loss of $13.0 million compared to a profit of $2.8 million [10] - Consolidated EBITDA for Q3 2025 was ($4.3) million, down from $6.3 million in Q3 2024, indicating a significant decline in operational performance [9] Strategic Initiatives - "Project Fresh" aims to strengthen the Wendy's brand by focusing on existing store performance rather than new store growth, emphasizing collaboration with franchisees [4] - The company is optimistic about future sales and operating margin improvements in 2026, driven by system optimization and product innovation as part of the revitalization efforts [7] Independent Concepts Performance - The company operates nine independent restaurants, which have shown strong same-store sales growth of 12.3% in Q3 2025 and 14.8% year-to-date, indicating a positive trend in this segment [6]

Core Insights - Meritage Hospitality Group Inc. reported a quarterly loss of $0.04 per share, significantly missing the Zacks Consensus Estimate of $0.54, and down from earnings of $0.33 per share a year ago, resulting in an earnings surprise of -107.41% [1] - The company posted revenues of $163.53 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 9.65% and down from $172.36 million year-over-year [2] - The stock has underperformed the market, losing about 14.3% since the beginning of the year compared to the S&P 500's gain of 8.4% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.46 on revenues of $173.1 million, and for the current fiscal year, it is $0.98 on revenues of $685.8 million [7] - The estimate revisions trend for Meritage Hospitality Group was unfavorable ahead of the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Retail - Restaurants industry, to which Meritage Hospitality Group belongs, is currently in the bottom 24% of over 250 Zacks industries, suggesting a challenging environment for the stock [8] - Another company in the same industry, Dave & Buster's, is expected to report quarterly earnings of $0.90 per share, reflecting a year-over-year decline of 19.6% [9]

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 ...

Group 1: Earnings Performance - Papa John's reported quarterly earnings of $0.41 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, but down from $0.61 per share a year ago, representing an earnings surprise of +20.59% [1] - The company posted revenues of $529.17 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.68% and up from $507.89 million year-over-year [2] - Over the last four quarters, Papa John's has consistently surpassed consensus EPS estimates [2] Group 2: Stock Performance and Outlook - Papa John's shares have declined approximately 1.3% since the beginning of the year, while the S&P 500 has gained 7.9% [3] - The company's current consensus EPS estimate for the upcoming quarter is $0.42 on revenues of $525.11 million, and for the current fiscal year, it is $1.74 on revenues of $2.11 billion [7] - The Zacks Rank for Papa John's is currently 3 (Hold), indicating expected performance in line with the market in the near future [6] Group 3: Industry Context - The Retail - Restaurants industry, to which Papa John's belongs, is currently ranked in the bottom 31% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [5]

Core Insights - Bloomin' Brands (BLMN) reported quarterly earnings of $0.33 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, but down from $0.51 per share a year ago [1] - The company achieved a revenue of $1 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.54%, although this is a decrease from $1.12 billion year-over-year [3] Earnings Performance - The earnings surprise for the quarter was +17.86%, and the company has surpassed consensus EPS estimates three times over the last four quarters [2] - In the previous quarter, Bloomin' Brands reported earnings of $0.59 per share against an expectation of $0.57, resulting in a surprise of +3.51% [2] Revenue Insights - The company has topped consensus revenue estimates two times over the last four quarters [3] - Current consensus EPS estimate for the upcoming quarter is breakeven on revenues of $906.47 million, while for the current fiscal year, it is $1.20 on revenues of $3.93 billion [8] Stock Performance and Outlook - Bloomin' Brands shares have declined approximately 26.7% since the beginning of the year, contrasting with the S&P 500's gain of 7.1% [4] - The Zacks Rank for Bloomin' Brands is currently 3 (Hold), indicating expected performance in line with the market in the near future [7] Industry Context - The Retail - Restaurants industry, to which Bloomin' Brands belongs, is currently in the bottom 32% of over 250 Zacks industries, suggesting potential challenges ahead [9] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Bloomin' Brands' stock performance [6]

Core Insights - Shake Shack (SHAK) reported quarterly earnings of $0.44 per share, exceeding the Zacks Consensus Estimate of $0.37 per share, and showing an increase from $0.27 per share a year ago, resulting in an earnings surprise of +18.92% [1] - The company achieved revenues of $356.47 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.75% and up from $316.5 million year-over-year [2] - Shake Shack's stock has increased approximately 8.6% since the beginning of the year, outperforming the S&P 500's gain of 8.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.36 on revenues of $364.32 million, and for the current fiscal year, it is $1.36 on revenues of $1.45 billion [7] - The estimate revisions trend for Shake Shack was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Retail - Restaurants industry, to which Shake Shack belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Company Performance - Potbelly (PBPB) reported break-even quarterly earnings per share, surpassing the Zacks Consensus Estimate of a loss of $0.02, and compared to earnings of $0.01 per share a year ago, representing an earnings surprise of 100% [1] - The company posted revenues of $113.68 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 0.96%, and showing an increase from year-ago revenues of $111.15 million [2] - Over the last four quarters, Potbelly has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Outlook - Potbelly shares have declined approximately 10.4% since the beginning of the year, while the S&P 500 has decreased by 4.7% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.08 on revenues of $123.2 million, and for the current fiscal year, it is $0.21 on revenues of $479.2 million [7] Industry Context - The Retail - Restaurants industry, to which Potbelly belongs, is currently ranked in the bottom 20% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors or through tools like the Zacks Rank [5][6]

GRAND RAPIDS, Mich., April 18, 2025 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation’s premier franchise operators, today reported financial results for the first quarter ended March 30, 2025. First Quarter Highlights: Sales were $154.5 million compared to $162.8 million for the same period last year. Earnings (loss) from Operations were $(3.7) million compared to $3.9 million for the same period last year, resulting from multiple severe weather-related closures. Net Earn ...