Nathan's Famous (NATH) Reports Q2 EPS of $1.74

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Nathan's Famous, Inc. Reports First Quarter Results and Declares Quarterly Cash Dividend of $0.45 Per Share

August 5, 2022 8:30 AM EDT

JERICHO, N.Y., Aug. 05, 2022 (GLOBE NEWSWIRE) -- Nathan's Famous, Inc. (Nathans, the Company, we, us or our) (NASDAQ: NATH) today reported results for its first fiscal quarter ended June 26, 2022.

For the thirteen-week period ended June 26, 2022 (first quarter fiscal 2023):

Revenues were $39,720,000, as compared to $31,319,000 during the thirteen weeks ended June 27, 2021;Income from operations was $11,780,000, as compared to $10,702,000 during the thirteen weeks ended June 27, 2021;Adjusted EBITDA1, a non-GAAP financial measure, was $12,065,000, as compared to $11,061,000 during the thirteen weeks ended June 27,... More