GRAND RAPIDS, Mich., July 12, 2024 (GLOBE NEWSWIRE) -- Meritage Hospitality Group Inc. (OTCQX:MHGU), the nation's premier franchise operator, today reported financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Highlights Sales were $172.4 million compared to $176.6 million for the same period last year. Earnings from Operations were $7.1 million compared to $8.9 million for the same period last year. Net Earnings were $3.4 million compared to $5.9 million for the same period last year. Consolidated EBITDA (a non-GAAP measure) was $12.9 million compared to $15.6 million for the same period last year. "Sales improved in the latter half of the quarter as our Wendy's value offerings and new product offerings helped offset a promotional retail environment. During the first six months of the year our prime costs have steadily improved as food and labor costs regulate. Company sales comparisons remain positive year to date, highlighting the strength and resilience of the Wendy's brand. We remain focused on driving earnings growth through ...