Quarterly ResultJun 9, 2026, 06:51 AM
Nathan's Famous Reports FY Revenue Up, EPS Down; Dividend Declared
AI Summary
Nathan's Famous reported its fourth-quarter and full-year financial results, showing increased revenues but decreased earnings per share for both periods. The company declared a quarterly cash dividend of $0.50 per share. The previously announced merger with Smithfield Foods is now anticipated to close in the second half of 2026, a delay attributed to the CFIUS review process.
Key Highlights
- Nathan's Famous reported full-year revenues of $162.06M (vs $148.18M prior year) and EPS of $4.85 (vs $5.87 prior year).
- Fourth-quarter revenues increased to $35.07M (vs $30.79M prior year), but EPS decreased to $0.68 (vs $1.03 prior year).
- The company declared a quarterly cash dividend of $0.50 per share, payable June 30, 2026.
- Full-year income from operations decreased to $30.10M (vs $36.50M prior year).
- Adjusted EBITDA for the full year was $36.31M (vs $39.21M prior year).
- Branded product program sales increased by $13.94M to $105.77M, driven by a 1% volume increase and 12% price increase, but income from operations decreased due to higher beef costs.
- The previously announced merger with Smithfield Foods is now expected to close in the second half of 2026, delayed due to CFIUS review.
Price Impact
More from NATH