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NATH Stock Alert: Halper Sadeh LLC is Investigating Whether the Sale of Nathan's Famous, Inc. is Fair to Shareholders
Businesswire· 2026-01-21 19:48
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Nathan's Famous, Inc. (NASDAQ: NATH) to Smithfield Foods, Inc. for $102.00 per share in cash is fair to Nathan's shareholders. Halper Sadeh encourages Nathan's shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Na. ...
Nathan's Famous, Inc. Reports First Quarter Results
GlobeNewswire News Room· 2025-08-08 10:30
Core Viewpoint - Nathan's Famous, Inc. reported its financial results for the first fiscal quarter ended June 29, 2025, showing a mixed performance with revenue growth but declines in net income and operating income compared to the previous year [1][2]. Financial Performance - Total revenues increased to $46,998,000 from $44,767,000 in the same period last year, reflecting a growth of approximately 5.5% [2][9]. - Income from operations decreased to $12,791,000 from $13,745,000, a decline of about 6.9% [2][9]. - Adjusted EBITDA was reported at $13,531,000, down from $14,281,000, representing a decrease of approximately 5.2% [2][12]. - Net income fell to $8,928,000 compared to $9,277,000, a decrease of about 3.8% [2][9]. - Earnings per diluted share decreased to $2.16 from $2.27, a decline of approximately 4.8% [2][9]. Segment Performance - License royalties decreased to $12,381,000 from $12,921,000, a decline of about 4.2% [2][10]. - Sales in the Branded Product Program increased by $2,929,000 to $29,075,000, a growth of approximately 11.2% [2][10]. - Sales from Company-owned restaurants decreased to $3,986,000 from $4,199,000, a decline of about 5.1% [2][10]. - Franchise restaurant sales increased by $791,000 to $18,444,000, a growth of approximately 4.5% [2][10]. Dividend Information - The Company paid a regular cash dividend of $0.50 per share on July 1, 2025, and declared a second quarterly cash dividend of $0.50 per share effective August 8, 2025, payable on September 5, 2025 [2][5]. Non-GAAP Financial Measures - The Company disclosed EBITDA and Adjusted EBITDA as non-GAAP financial measures to provide investors with insights into its operating performance and underlying business trends [3][4]. - EBITDA for the first quarter was $13,243,000, down from $14,093,000, while Adjusted EBITDA was $13,531,000 compared to $14,281,000 in the prior year [12].