Nathan's(NATH)2025-02-06 11:45Financial Performance - Revenues for the third quarter fiscal 2025 were $31,519,000, an increase of 9% compared to $28,890,000 for the same period in fiscal 2024[4] - Net income for the third quarter fiscal 2025 was $4,484,000, up 72% from $2,607,000 in the third quarter of fiscal 2024[4] - Adjusted EBITDA for the third quarter fiscal 2025 was $7,479,000, representing a 30% increase from $5,751,000 in the prior year[4] Revenue Sources - License royalties increased to $29,517,000 for the thirty-nine weeks ended December 29, 2024, compared to $26,075,000 for the same period in fiscal 2024, a growth of 9%[5] - Sales from the Branded Product Program rose by $3,571,000 to $71,781,000 during the thirty-nine weeks ended December 29, 2024, reflecting a 5.2% increase year-over-year[5] - Company-owned restaurant sales were $11,351,000 for the thirty-nine weeks ended December 29, 2024, up from $10,512,000 in the same period of fiscal 2024[5] Pricing and Sales Volume - The average selling price of hot dogs increased by approximately 3.5% compared to the prior year period[5] - The volume of hot dogs sold increased by 1.5% during the fiscal 2025 period[5] Dividends and Franchise Fees - The Board of Directors declared a quarterly cash dividend of $0.50 per share, totaling $6,127,000 for the fiscal 2025 period[5] - Total franchise fee income, including cancellation fees, was $294,000 during the fiscal 2025 period, down from $325,000 in the prior year[5]