Earnings summaries and quarterly performance for NATHANS FAMOUS.
Executive leadership at NATHANS FAMOUS.
Board of directors at NATHANS FAMOUS.
Research analysts covering NATHANS FAMOUS.
Recent press releases and 8-K filings for NATH.
Nathan's Famous, Inc. Reports Q3 2026 Results and Announces Acquisition by Smithfield Foods
NATH
Earnings
M&A
Dividends
- Nathan's Famous, Inc. reported revenues of $34,312,000 and diluted earnings per share of $0.75 for the third fiscal quarter ended December 28, 2025.
- For the thirty-nine weeks ended December 28, 2025, revenues were $126,997,000 and diluted earnings per share were $4.17.
- The company declared a regular quarterly cash dividend of $0.50 per share, payable on February 27, 2026.
- On January 20, 2026, Nathan's entered into a Merger Agreement to be acquired by Smithfield Foods, Inc. for $102.00 in cash per share, representing an enterprise value of approximately $450 million, with the transaction expected to close in the first half of 2026.
3 hours ago
Nathan's Famous Reports Q3 Results and Announces Acquisition by Smithfield Foods
NATH
Earnings
M&A
Dividends
- Nathan's Famous, Inc. reported revenues of $34,312,000 for the third fiscal quarter ended December 28, 2025, an increase from $31,519,000 in the prior year, while net income decreased to $3,084,000 and diluted earnings per share was $0.75.
- For the thirty-nine weeks ended December 28, 2025, revenues were $126,997,000, with net income of $17,211,000 and diluted earnings per share of $4.17.
- On January 20, 2026, Nathan's entered into a Merger Agreement to be acquired by Smithfield Foods, Inc. for $102.00 in cash per share, with the transaction expected to close in the first half of 2026.
- The Board of Directors declared a regular quarterly cash dividend of $0.50 per share payable on February 27, 2026.
3 hours ago
Nathan's Famous to be Acquired by Smithfield Foods
NATH
M&A
Takeover Bid
- Smithfield Foods has agreed to acquire Nathan's Famous for approximately $450 million in an all-cash transaction at $102 per share, with the deal expected to close in the first half of 2026.
- The transaction is anticipated to generate roughly $9 million of annual cost synergies by the second anniversary and values Nathan's at about 12.4x LTM adjusted EBITDA (10.0x post-synergies).
- Nathan's fiscal 2025 results reported a profit of $24 million on revenue approaching $150 million, while Smithfield recorded over $1 billion in operating profit on $14.1 billion in sales in 2024.
- Nathan's board, controlling approximately 30% of shares, has approved the buyout, resulting in Nathan's shares jumping about 9% following the announcement.
Jan 21, 2026, 5:09 PM
Nathan's Famous Acquisition Investigation
NATH
M&A
Legal Proceedings
Takeover Bid
- Nathan's Famous, Inc. (NATH) is set to be acquired by Smithfield Foods, Inc. for $102.00 per share in cash, which represents an enterprise value of approximately $450 million.
- Brodsky & Smith is investigating whether Nathan’s Famous Board breached its fiduciary duties to shareholders by failing to conduct a fair process and if the deal consideration provides fair value.
- The acquisition price of $102.00 per share is below the Company’s 52-week high of $118.50.
Jan 21, 2026, 4:00 PM
Nathan's Famous Announces Acquisition by Smithfield Foods
NATH
M&A
Dividends
Takeover Bid
- Nathan's Famous, Inc. (NATH) has entered into a definitive merger agreement to be acquired by Smithfield Foods, Inc. for $102.00 per share in cash, representing an enterprise value of approximately $450 million.
- The transaction is expected to close in the first half of 2026, subject to customary closing conditions, including approval by Nathan's Famous stockholders.
- Nathan's Famous' Board of Directors has approved the merger and recommends stockholders vote to adopt the agreement, with stockholders owning approximately 29.9% of outstanding common stock already agreeing to vote in favor.
- Smithfield Foods anticipates achieving annual cost synergies of approximately $9 million by the second anniversary of the deal closing, and the acquisition is expected to be immediately accretive to Smithfield's adjusted diluted earnings per share.
- During the period pending closing, Nathan's Famous is permitted to declare and pay up to two regular quarterly cash dividends, each in the amount of $0.50 per Company Share.
Jan 21, 2026, 12:01 PM
Nathan's Famous Reports Q2 2026 Results and Declares Dividends
NATH
Earnings
Dividends
- Nathan's Famous, Inc. reported revenues of $45,687,000 for the second fiscal quarter ended September 28, 2025, an increase from $41,109,000 during the thirteen weeks ended September 29, 2024.
- Net income for Q2 fiscal 2026 was $5,199,000, or $1.26 per diluted share, down from $6,030,000, or $1.47 per diluted share, in the second fiscal quarter ended September 29, 2024.
- The company's Board of Directors declared a regular quarterly cash dividend of $0.50 per share and a special cash dividend of $2.50 per share, both payable on December 5, 2025, to shareholders of record on November 24, 2025.
- For the twenty-six weeks ended September 28, 2025, revenues increased to $92,685,000 from $85,876,000 in the prior year, while net income decreased to $14,127,000 from $15,307,000.
- Income from operations in the Branded Product Program decreased by $2,003,000 to $1,194,000 during the fiscal 2026 period, primarily due to a 16% increase in the cost of beef and beef trimmings.
Nov 6, 2025, 11:45 AM
Nathan's Famous, Inc. Reports Second Quarter Fiscal 2026 Results
NATH
Earnings
Dividends
- Nathan's Famous, Inc. reported revenues of $45,687,000 for the second fiscal quarter ended September 28, 2025, an increase from $41,109,000 in the prior year period.
- For the second fiscal quarter ended September 28, 2025, net income decreased to $5,199,000 and earnings per diluted share fell to $1.26, compared to $6,030,000 and $1.47, respectively, in the same period last year.
- The company's Board of Directors declared a quarterly cash dividend of $0.50 per share and a special cash dividend of $2.50 per share, both payable on December 5, 2025.
- For the twenty-six weeks ended September 28, 2025, Branded Product Program sales increased by $7,440,000 to $58,122,000, but income from operations for this segment decreased due to a 16% increase in the cost of beef and beef trimmings.
Nov 6, 2025, 11:30 AM
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