Nathan's Famous (NATH) Reports Q3 Revenue of $25.9M, EPS of $0.52

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Nathan's Famous, Inc. Reports Third Quarter Results

February 4, 2022 8:30 AM EST

JERICHO, N.Y., Feb. 04, 2022 (GLOBE NEWSWIRE) -- Nathan's Famous, Inc. (Nathans, the Company, we, us or our) (NASDAQ: NATH) today reported results for its third fiscal quarter ended December 26, 2021.

For the fiscal quarter ended December 26, 2021:

Revenues increased by 43.7% to $25,913,000 as compared to $18,030,000 during the thirteen weeks ended December 27, 2020;Income from operations was $5,613,000 as compared to $4,403,000 during the thirteen weeks ended December 27, 2020;Adjusted EBITDA1, a non-GAAP financial measure, was $5,907,000 as compared to $4,818,000 for the thirteen weeks ended December 27, 2020;Income before provision for income taxes was $2,990,000 as compared to $1,851,000 for... More