Nathan's Famous (NATH) Reports Q2 EPS of $0.17

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Nathan's Famous, Inc. Reports Year-End And Fourth Quarter Results

June 9, 2017 8:30 AM EDT

JERICHO, N.Y., June 9, 2017 /PRNewswire/ -- Nathan's Famous, Inc. (NASDAQ: NATH) today reported results for its fiscal year and fourth quarter ended March 26, 2017.

For the fifty-two weeks ended March 26, 2017:

Income from operations increased by 5.3% to $26,280,000, as compared to $24,963,000 during the fifty-two weeks ended March 27, 2016; Adjusted EBITDA, as subsequently defined, increased by 4.4% to $28,348,000 as compared to $27,155,000 for the fifty-two weeks ended March 27, 2016; Net income increased 22.8% to $7,485,000, as compared to $6,096,000 for the fifty-two weeks ended March 27, 2016; Earnings per diluted share increased to $1.78 per share, as compared to $1.37... More