Every 10-Q that Nathan's Famous Inc (NATH) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow NATH and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NATH filings page.
Nathan’s Famous, Inc. reported results for the thirteen weeks ended June 28, 2026, with total revenues of 54,062 (in thousands), up approximately 15% from the prior-year period. Growth was led by the Branded Product Program, where sales rose about 20% to 35,039 (in thousands) on roughly 8% higher hot dog volume and a 17% increase in average selling price, and by a 10% increase in license royalties to 13,587 (in thousands). Company-owned restaurant sales and franchise fees and royalties were modestly lower.
Income from operations was 12,668 (in thousands), essentially flat versus last year, as cost of sales increased about 24% amid higher beef and beef trimming costs, reducing gross profit on branded and restaurant sales. Net income was 8,829 (in thousands) with diluted EPS of $2.14, slightly below the prior year. EBITDA was 13,040 (in thousands) and Adjusted EBITDA, adding back 295 (in thousands) of merger-related transaction costs and 280 (in thousands) of share-based compensation, was 13,615 (in thousands), slightly above the prior-year Adjusted EBITDA.
Cash provided by operating activities was 949 (in thousands), ending cash and cash equivalents were 24,686 (in thousands), and total debt net of issuance costs was 47,561 (in thousands) under a SOFR-based term loan; there were no revolver borrowings and all covenants were met. The company paid a regular cash dividend of $0.50 per share (aggregate 2,048 (in thousands)) in June 2026 and, under its merger agreement, may not declare further dividends. Nathan’s has agreed to be acquired by Smithfield Foods, Inc. for $102.00 per share in cash, with options and RSUs to be cashed out based on that price. The transaction remains subject to stockholder approval, antitrust waiting-period expiration, CFIUS Clearance, and other conditions; the company states it expects closing in the second half of 2026 and recorded approximately 275 (in thousands) of legal fees related to the merger in this period.
Nathan’s Famous, Inc. reported higher sales but lower profits for the 39 weeks ended December 28, 2025 while also agreeing to be acquired. Total revenues rose to $126,997,000 from $117,395,000, driven mainly by Branded Products and steady licensing income.
Net income declined to $17,211,000 from $19,791,000 as cost of sales, general and administrative expenses, and higher effective tax rates offset revenue gains. Cash from operations was strong at $15,692,000, supporting $16,358,000 of dividends and $1,800,000 of term-loan repayments.
Subsequent to quarter-end, Nathan’s entered a Merger Agreement under which shareholders will receive $102.00 in cash per share, and the company will become a wholly owned subsidiary of Smithfield Foods, Inc., ceasing to be publicly traded once the deal closes, subject to shareholder and regulatory approvals.
Nathan’s Famous (NATH) reported Q2 FY2026 results with total revenues of $45,687,000, up 11% year over year. Net income was $5,199,000 and diluted EPS was $1.26. Income from operations declined to $7,502,000 as higher commodity costs lifted cost of sales by 24%.
Branded Products revenue rose 18% to $29,047,000 on 7% higher hot dog volume and an 11% higher average selling price. Company-owned restaurant sales increased 5% to $5,624,000, while license royalties decreased 3% to $9,227,000 as retail volume fell 18% but was partly offset by pricing. Interest expense improved to $739,000 from $1,441,000.
Cash and cash equivalents were $32,175,000, and long-term debt (net) was $46,909,000. The Board declared a third quarterly cash dividend of $0.50 per share and a special dividend of $2.50 per share (approximately $10,224) payable December 5, 2025 to holders of record on November 24, 2025. Shares outstanding were 4,089,510 as of November 3, 2025.
Nathan’s Famous (NATH) filed its Q1 FY-2026 10-Q for the 13 weeks ended 29-Jun-2025. Total revenue rose 5% year-on-year to $46.998 M, driven by an 11% jump in Branded Product Program sales to $29.075 M that offset a 5% decline in company-owned restaurant sales and a 4% fall in licensing royalties. Cost of sales climbed 13% as beef prices remained elevated, trimming consolidated gross profit to $18.6 M and lowering operating income 7% to $12.79 M.
Net income slipped 4% to $8.93 M; diluted EPS declined to $2.16 from $2.27. Interest expense fell 29% to $0.76 M after last year’s refinancing into a $60 M SOFR term loan (5.81% at quarter-end), helping mitigate margin pressure. Operating cash flow was a modest $0.22 M outflow as receivables expanded $12.3 M, mainly from higher branded product and royalty balances.
Nathan’s ended the quarter with $26.9 M in cash, $49.9 M of net term-loan debt and no revolver borrowings, producing net leverage well inside the 3.0× covenant. The stockholders’ deficit narrowed to $9.3 M from $16.5 M last year. A $0.50 quarterly dividend ($8.2 M annualized) was paid 1-Jul-2025 and another declared for 5-Sep-2025. Management continues to monitor beef cost inflation and expects ongoing seasonal strength in summer quarters.