Welcome to our dedicated page for Nathans Famous news (Ticker: NATH), a resource for investors and traders seeking the latest updates and insights on Nathans Famous stock.
Nathan's Famous, Inc. (NATH) is a century-old leader in quick-service dining and branded food distribution, renowned for its iconic hot dogs and franchising expertise. This page aggregates all official corporate announcements, press releases, and market-moving developments for stakeholders seeking reliable information about the company's operations.
Investors and industry observers will find curated updates spanning earnings reports, licensing agreements, product distribution expansions, and strategic partnerships. The resource prioritizes verifiable corporate communications while contextualizing news within Nathan's Famous' dual focus on restaurant operations and consumer packaged goods distribution.
Key areas covered include quarterly financial results, franchise network developments, grocery channel initiatives, and culinary innovation updates. All content maintains the brand's commitment to transparency and factual reporting, reflecting its status as a NYSE-listed enterprise with global foodservice reach.
Bookmark this page for streamlined access to critical updates about one of America's most enduring food brands. Check back regularly for new filings and announcements that shape understanding of Nathan's Famous' market position and growth strategies.
Nathan's Famous (NASDAQ:NATH) reported strong financial results for its third fiscal quarter ended December 29, 2024. Quarterly revenues increased to $31.5 million from $28.9 million year-over-year, while net income rose to $4.5 million from $2.6 million. Earnings per diluted share improved to $1.10 from $0.64.
For the first 39 weeks of fiscal 2025, revenues reached $117.4 million, up from $109.6 million in the previous year. License royalties grew to $29.5 million, with Smithfield Foods royalties increasing 13% to $26.8 million. The Branded Product Program saw sales rise to $71.8 million, with hot dog volume up 1.5% and average selling prices increasing 3.5%.
The company declared a quarterly cash dividend of $0.50 per share, payable on February 28, 2025.
Nathan's Famous (NASDAQ:NATH) reported strong second quarter fiscal 2025 results with revenues increasing to $41.1 million from $38.7 million year-over-year. Net income rose to $6.03 million ($1.47 per diluted share) from $5.71 million ($1.40 per share). For the first half of fiscal 2025, revenues reached $85.9 million, up from $80.7 million, while net income increased to $15.3 million ($3.74 per share) from $13.1 million ($3.20 per share). License royalties grew to $22.4 million, with Smithfield Foods royalties up 13%. The company declared a quarterly dividend of $0.50 per share.
Nathan's Famous, Inc. (NASDAQ:NATH) reported strong first quarter fiscal 2025 results, with revenues increasing to $44,767,000 from $41,985,000 in the same period last year. The company's net income rose to $9,277,000, or $2.27 per diluted share, compared to $7,388,000, or $1.81 per share, in the previous year. Key highlights include:
- License royalties increased to $12,921,000
- Branded Product Program sales grew by $976,000 to $26,146,000
- Company-owned restaurant sales rose to $4,199,000
- The company refinanced its Senior Secured Notes with a new $60 million unsecured term loan and $10 million revolving credit facility
- A quarterly cash dividend of $0.50 per share was declared
Nathan's Famous, Inc. (NASDAQ:NATH) announced its fiscal year and fourth quarter results for the period ending March 31, 2024. The company declared a quarterly cash dividend of $0.50 per share, payable on July 2, 2024. Annual revenues rose to $138.61 million from $130.79 million, but operating income decreased from $34.45 million to $32.51 million. Adjusted EBITDA declined to $34.84 million from $36.38 million. Net income remained stable at $19.62 million, and earnings per diluted share were $4.80.
Q4 revenues increased to $28.99 million from $27.41 million, with operating income rising to $6.80 million from $6.42 million. Net income for Q4 was $3.91 million, up from $3.27 million, and EPS was $0.96 compared to $0.80. License royalties slightly increased to $33.58 million, and the Branded Product Program saw a sales rise of $7.61 million.
However, company-owned restaurant sales dropped slightly to $12.10 million due to unfavorable weather, while franchise operations saw a modest revenue increase to $4.36 million. The average selling price of hot dogs rose by 7% despite a 10% increase in beef costs.
Nathan's Famous reported a 1% increase in revenues for the third quarter of fiscal 2023, totaling $26,154,000. Income from operations rose to $6,332,000, up from $5,613,000 in the previous year. Adjusted EBITDA increased to $6,899,000 compared to $5,907,000 in 2022. Net income rose to $3,263,000, bringing earnings per diluted share to $0.79. For the thirty-nine weeks, revenues surged by 15% to $103,371,000. The Board declared an 11% increase in quarterly cash dividends, now at $0.50 per share. Strong sales in the Branded Product Program contributed to these figures, supported by increased attendance at customer venues.
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