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].

Core Insights - Nathan's Famous, Inc. reported financial results for the fiscal year and fourth quarter ended March 30, 2025, showing growth in revenues and net income compared to the previous fiscal year [1][2]. Financial Performance - For fiscal year 2025, total revenues reached $148.182 million, an increase from $138.610 million in fiscal 2024, representing a growth of approximately 5.4% [2]. - Net income for fiscal 2025 was $24.026 million, up from $19.616 million in fiscal 2024, indicating a growth of about 22.4% [2]. - Earnings per diluted share increased to $5.87 for fiscal 2025, compared to $4.80 for fiscal 2024, reflecting a rise of approximately 22.3% [2]. Quarterly Results - In the fourth quarter of fiscal 2025, revenues were $30.787 million, compared to $28.991 million in the fourth quarter of fiscal 2024, marking an increase of about 6.2% [2]. - Net income for the fourth quarter was $4.235 million, up from $3.910 million in the same quarter of the previous year, which is an increase of approximately 8.3% [2]. - Earnings per diluted share for the fourth quarter were $1.03, compared to $0.96 in the fourth quarter of fiscal 2024, showing a growth of about 7.3% [2]. Operational Highlights - License royalties increased to $37.418 million in fiscal 2025, up from $33.581 million in fiscal 2024, representing a growth of approximately 11% [2]. - Sales from the Branded Product Program rose by $5.339 million to $91.828 million in fiscal 2025, compared to $86.489 million in fiscal 2024, indicating a growth of about 6.2% [2]. - The volume of hot dogs sold increased by approximately 1.2%, while the average selling price rose by about 5% compared to the prior year [2]. Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.50 per share for fiscal 2026, payable on July 1, 2025, to shareholders of record as of June 23, 2025 [1].