Nathan's Famous (NATH) Raises Quarterly Dividend 11.1% to $0.50; 2.8% Yield
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Nathan's Famous, Inc. Reports Third Quarter Results and Increases its Quarterly Cash Dividend to $0.50 Per Share
February 2, 2023 8:30 AM ESTJERICHO, N.Y., Feb. 02, 2023 (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 25, 2022.
For the fiscal quarter ended December 25, 2022:
Revenues increased by 1% to $26,154,000 as compared to $25,913,000 during the thirteen weeks ended December 26, 2021;Income from operations was $6,332,000 as compared to $5,613,000 during the thirteen weeks ended December 26, 2021;Adjusted EBITDA1, a non-GAAP financial measure, was $6,899,000 as compared to $5,907,000 during the thirteen weeks ended December 26,... More