Full-year EPS was $4.80, flat compared with the fiscal 2023 period. Segment Details Revenues in the Product licensing segment totaled $7.5 million, up 1.6% year over year. Nathan's Famous, Inc. (NATH) delivered earnings per share (EPS) of 96 cents in the fourth quarter of fiscal 2024, up 20% year over year. Nathan's Famous registered revenues of $28.9 million in the fiscal fourth quarter, up 5.8% year over year. Full-year revenues were $138.6 million, indicating a 5.9% uptick from the comparable fiscal 2023 ...

Nathan's Famous (NASDAQ:NATH) has posted its earnings report for its fiscal fourth quarter of 2024 all while caught up in drama over its hot dog eating contest. To go along with that, Nathan's Famous also reported a cash dividend of 50 cents per share for the first quarter of fiscal 2025. Shareholders need to be on record as of June 24, 2024 to get the dividend on July 2, 2024. At the same time, the company is embroiled in drama after banning 16-time champion Joey Chestnut from its 2024 contest. It did so a ...

FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-35962 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 NATHAN'S FAMOUS, INC. | (Exact name of registrant as specified in its charter) | | | --- | --- | | Delaware | 11-3166443 | | (State o ...

Financial Performance - Revenues for fiscal 2024 were $138,610,000, an increase of 6.0% compared to $130,785,000 for fiscal 2023[5] - Net income for fiscal 2024 was $19,616,000, slightly down from $19,623,000 in fiscal 2023, resulting in earnings per diluted share of $4.80, unchanged from the previous year[5] - Adjusted EBITDA for fiscal 2024 was $34,843,000, a decrease of 4.2% from $36,383,000 in fiscal 2023[5] - Income from operations for fiscal 2024 was $32,506,000, down from $34,445,000 in fiscal 2023, primarily due to increased costs[5] - The total net income for the thirteen weeks ended March 31, 2024, was $19,616,000, slightly down from $19,623,000 for the same period in 2023, a decrease of about 0.04%[21] - The total adjusted EBITDA for the thirteen weeks ended March 31, 2024, was $34,843,000, down from $36,383,000 in the same period of 2023, a decline of approximately 4.2%[21] Sales and Revenue Growth - Franchise restaurant sales increased by $4,678,000 to $68,417,000 during fiscal 2024 compared to $63,739,000 in fiscal 2023[7] - Sales from the Branded Product Program rose by $7,605,000 to $86,489,000 in fiscal 2024, with a 2% increase in volume sold and a 7% increase in average selling price[7] - License royalties for fiscal 2024 were $33,581,000, up from $33,455,000 in fiscal 2023[7] - Advertising revenue increased to $2,081,000 during fiscal 2024, compared to $1,993,000 in fiscal 2023[12] - Seventeen new franchised locations opened during fiscal 2024, contributing to the growth in franchise royalties[7] Weekly Financial Highlights - Net income for the week ended March 31, 2024, was $3,910,000, an increase from $3,265,000 for the same period in 2023, reflecting a growth of approximately 19.6%[21] - EBITDA for the week ended March 31, 2024, reached $7,095,000, compared to $6,562,000 for the same week in 2023, indicating an increase of about 8.1%[21] - Adjusted EBITDA for the week ended March 31, 2024, was $7,282,000, up from $7,096,000 in the prior year, representing a growth of approximately 2.6%[21] Expense Management - Interest expense decreased significantly to $1,136,000 for the week ended March 31, 2024, down from $1,911,000 in the same week of 2023, a reduction of about 40.5%[21] - Provision for income taxes increased to $1,810,000 for the week ended March 31, 2024, compared to $1,088,000 for the same period in 2023, reflecting an increase of approximately 66.2%[21] - Depreciation and amortization expenses decreased slightly to $239,000 for the week ended March 31, 2024, from $298,000 in the same week of 2023, a decline of about 19.7%[21] - The loss on debt extinguishment was recorded at $0 for the week ended March 31, 2024, compared to a loss of $357,000 in the same week of 2023[21] - Share-based compensation increased to $187,000 for the week ended March 31, 2024, from $177,000 in the same week of 2023, an increase of approximately 5.7%[21] Dividends - The company declared a quarterly cash dividend of $0.50 per share, payable on July 2, 2024[3]

Effective June 12, 2024, the Board of Directors declared its first quarterly cash dividend for fiscal 2025 of $0.50 per share, which is payable on July 2, 2024 to shareholders of record at the close of business on June 24, 2024. Revenues were $138,610,000 for the fifty-three weeks ended March 31, 2024 ("fiscal 2024") as compared to $130,785,000 for the fifty-two weeks ended March 26, 2023 ("fiscal 2023"); Income from operations was $32,506,000 for fiscal 2024 as compared to $34,445,000 for fiscal 2023; Adju ...

Effective June 12, 2024, the Board of Directors declared its first quarterly cash dividend for fiscal 2025 of $0.50 per share, which is payable on July 2, 2024 to shareholders of record at the close of business on June 24, 2024. For the fourteen weeks ended March 31, 2024: Certain Non-GAAP Financial Information: JERICHO, N.Y., June 12, 2024 (GLOBE NEWSWIRE) -- Nathan's Famous, Inc. (NASDAQ:NATH) today reported results for its fiscal year and fourth quarter ended March 31, 2024. Revenues were $138,610,000 fo ...

The Nathan's Famous Fourth of July hot dog eating contest will be down one dog this year. The decision to end the relationship comes after Chestnut chose to represent a rival brand that sells plant-based hot dogs, the organization told CNBC in a statement. The New York Post reported that the brand is Impossible Foods, though the company told CNBC it couldn't confirm a partnership. "Joey is a great champion and a friend, and he is loved in Coney Island and all around the world. So I hope he's there on July f ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 24, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT of 1934 For the transition period from to . Commission File No. 001-35962 NATHAN'S FAMOUS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporat ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 24, 2023. (I.R.S. Employer Identification No.) One Jericho Plaza, Second Floor – Wing A, Jericho, New York 11753 (Address and Zip Code of principal executive offices) OR (516) 338-8500 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the tran ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) Commission File No. 001-35962 NATHAN'S FAMOUS, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Delaware 11-3166443 One Jericho Plaza, Second Floor – Wing A, Jericho, New York 11753 (Address (Zip Code) of principal executive offices) (516) 338-8500 (Registrant's telephone number, including area code) (Forme ...