Nathan’s Famous ( (NATH) ) has released its Q1 earnings. Here is a breakdown of the information Nathan’s Famous presented to its investors.
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Nathan’s Famous, Inc. is a well-known company in the foodservice industry, renowned for its iconic hot dogs and a wide range of branded products distributed across the United States and internationally. The company operates through restaurant systems, foodservice sales programs, and product licensing activities.
In its latest earnings report for the first fiscal quarter of 2026, Nathan’s Famous reported a slight increase in total revenues, reaching $46.998 million compared to $44.767 million in the same period last year. Despite the revenue growth, the company experienced a decrease in net income and earnings per share, reflecting challenges in operational income and licensing royalties.
Key financial highlights from the report include a decline in income from operations to $12.791 million and a reduction in adjusted EBITDA to $13.531 million. The company’s branded product program saw a notable increase in sales, driven by higher average selling prices, although this was offset by increased costs in beef and beef trimmings. Meanwhile, sales from company-owned restaurants were impacted by unfavorable weather conditions, particularly at Coney Island locations.
The company also announced a quarterly cash dividend of $0.50 per share, reflecting its commitment to returning value to shareholders. Franchise operations showed positive momentum with an increase in franchise restaurant sales and the opening of eight new franchised locations.
Looking ahead, Nathan’s Famous remains focused on navigating market challenges, including cost pressures and consumer trends, while leveraging its brand strength and expanding its franchise network to drive future growth.