NATH's Q2 Earnings and Revenues Improve Y/Y, Gross Margin Down

Zacks11-09

Nathan's Famous, Inc. NATH reported earnings per share (EPS) of $1.47 in the second quarter of fiscal 2025, which increased 5% from the year-ago EPS of $1.40. NATH’s Revenues in Detail Nathan's Famous...

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NATH reported earnings per share (EPS) of $1.47 in the second quarter of fiscal 2025, which increased 5% from the year-ago EPS of $1.40.\nNATH’s Revenues in Detail\nNathan's Famous...</p>\n\n<a href=\"https://finance.yahoo.com/news/naths-q2-earnings-revenues-improve-171500785.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NATH's Q2 Earnings and Revenues Improve Y/Y, Gross Margin Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNATH's Q2 Earnings and Revenues Improve Y/Y, Gross Margin Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-09 01:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/naths-q2-earnings-revenues-improve-171500785.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nathan's Famous, Inc. NATH reported earnings per share (EPS) of $1.47 in the second quarter of fiscal 2025, which increased 5% from the year-ago EPS of $1.40.\nNATH’s Revenues in Detail\nNathan's Famous...</p>\n\n<a href=\"https://finance.yahoo.com/news/naths-q2-earnings-revenues-improve-171500785.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NATH","symbol_name":"Nathan’s Famous","start_time":0,"source_url":"https://finance.yahoo.com/news/naths-q2-earnings-revenues-improve-171500785.html","article_id":"2482439532","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/_aMgtCHWD_AcEvdCSVRbpA--~B/aD00NDU7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/62a1df11c94046acffed2654620317fb"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482439532","pubTimestamp":1731086100,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Nathan's Famous, Inc. NATH reported earnings per share  of $1.47 in the second quarter of fiscal 2025, which increased 5% from the year-ago EPS of $1.40.Nathan's Famous registered revenues of $41.1 million in the fiscal second quarter, up 6.1% year over year.Higher revenues from the majority of its segments drove the topline.Revenues from Company-owned restaurants totaled $5.3 million, up 2.9% year over year. Restaurant sales were impacted by higher sales at NATH’s Coney Island locations resulting from an increase in its average check, offset by lower sales at its locations in Oceanside and Yonkers, NY.Franchise fees and royalties generated revenues of $1.2 million in the fiscal second quarter, down 9.1% year over year. Total royalties were $1.1 in the second quarter fiscal 2025, down 7.1% year over year. Royalties earned under the Branded Menu Program were $248,000 in the second quarter of fiscal 2025, down 8.8% year over year.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NATH":"Nathan’s Famous"},"translate_title":"NATH第二季度盈利和收入同比改善，毛利率下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NATH":1},"content_text":"Nathan's Famous, Inc. NATH reported earnings per share (EPS) of $1.47 in the second quarter of fiscal 2025, which increased 5% from the year-ago EPS of $1.40.\nNATH’s Revenues in Detail\nNathan's Famous registered revenues of $41.1 million in the fiscal second quarter, up 6.1% year over year.\nHigher revenues from the majority of its segments drove the topline.\nShares of this company had closed nearly 1.7% lower at yesterday’s close.\nFind the latest EPS estimates and surprises on Zacks Earnings Calendar.\nNathan's Famous’ Segment Details\nNathan's Famous derives revenues from five segments — Branded Products, Company-owned restaurants, License royalties, Franchise fees and royalties, and Advertising fund revenue.\nFor the quarter under review, Branded Products revenues were $24.5 million, up 5.1% from the year-ago quarter. During the second quarter of fiscal 2025, the volume of hot dogs sold in the Branded Product Program increased 4% year over year. Nathan's Famous average selling prices increased 1.4% year over year.\nRevenues from Company-owned restaurants totaled $5.3 million, up 2.9% year over year. Restaurant sales were impacted by higher sales at NATH’s Coney Island locations resulting from an increase in its average check, offset by lower sales at its locations in Oceanside and Yonkers, NY.\nRevenues from License royalties totaled $9.5 million, up 13.8% year over year. Total royalties earned on sales of hot dogs from Nathan's Famous’ license agreement with Smithfield Foods, Inc. at retail and foodservice, increased 14.5% year over year to $8.6 million for the second quarter of fiscal 2025. The uptick resulted from an 18% increase in retail volume which was partially offset by a 4% decrease in net selling price.\nThe foodservice business earned higher royalties of $39,000 as compared with the second quarter of fiscal 2024. Royalties earned from all other licensing agreements for the manufacture and sale of Nathan's Famous’ products increased $64,000 during the second quarter of fiscal 2025 compared with the second quarter of fiscal 2024 primarily due to higher royalties earned on sales of proprietary spices, franks-in-a-blanket, mozzarella sticks and other hors d’oeuvres.\nFranchise fees and royalties generated revenues of $1.2 million in the fiscal second quarter, down 9.1% year over year. Total royalties were $1.1 in the second quarter fiscal 2025, down 7.1% year over year. Royalties earned under the Branded Menu Program were $248,000 in the second quarter of fiscal 2025, down 8.8% year over year.\nVirtual kitchen royalties were $11,000 in the second quarter of fiscal 2025, down 38.9% year over year. Traditional franchise royalties were $807,000 in the fiscal second quarter, down 5.9% year over year. Franchise restaurant sales decreased 2.6% year over year to reach $18.7 million, primarily due to lower traffic at international locations and other seasonal entertainment venues.\nComparable domestic franchise sales (consisting of 59 Nathan's Famous’ outlets, excluding sales under the Branded Menu Program) were $14.9 million in the second quarter of fiscal 2025, down 2.1% year over year.\nAs of Sept. 29, 2024, 243 franchised locations, including domestic, international and Branded Menu Program units, were operating compared with 235 as of Sept. 24, 2023. Total franchise fee income was $108,000 in the second quarter of fiscal 2025, down 24.5% year over year. Domestic franchise fee income was $35,000 in the second quarter of fiscal 2025, up 25% year over year. International franchise fee income was $59,000 in the fiscal second quarter, down 1.7% year over year.\nAdvertising fund revenues were $0.6 million, down 1.6% from the year-ago quarter.\nNATH’s Geographic Segment\nNathan’s Famous’ derives revenues from two geographic regions — United States and International.\nRevenues from the United States were $40.5 million, up 8.1% year over year. International revenues were $0.6 million, down 50.4% year over year.\n\nNathan's Famous, Inc. Price, Consensus and EPS Surprise\n  \nNathan's Famous, Inc. price-consensus-eps-surprise-chart | Nathan's Famous, Inc. Quote\n\nNathan’s Famous’ Gross Margin\nNathan’s Famous’ gross profit was $3.9 million (with a gross margin of 12.9%) during the second quarter of fiscal 2025, down 11.5% year over year. This compares with $4.4 million (with a gross margin of 15.3%) during the second quarter of fiscal 2024.\nNATH’s Adjusted Operating Expenses Analysis\nRestaurant operating expenses increased 3.7% to $1.4 million, while general and administrative expenses increased 0.7% to $3.3 million.\nNathan’s Famous’ Profitability\nOperating profit totaled $9.6 million, which increased 5.8% from the prior-year quarter.\nIn the second quarter of fiscal 2025, Nathan’s Famous’ net income was $6 million, up 5.6% from the year-ago quarter.\nAdjusted EBITDA during the reported quarter was $10.4 million, up 5.9% from the year-ago quarter.\nNATH’s Liquidity & Debt Management\nNathan’s Famous exited second-quarter fiscal 2025 with cash and cash equivalents of $31.2 million compared with $25.9 million at the fiscal first-quarter end. Total long-term debt (net of unamortized debt issuance costs) at the end of second-quarter fiscal 2025 was $59.6 million compared with $61.5 million at the fiscal first-quarter end.\nCumulative net cash provided by operating activities at the end of second-quarter fiscal 2025 was $14.8 million compared with $11.4 million a year ago.\nOur Take\nNathan’s Famous exited the second quarter of fiscal 2025 with solid top-line and bottom-line results. Strength in the majority of the segments and robust revenues from the United States were also encouraging. The uptick in Domestic franchise fee income was promising. \nHowever, a decline in Franchise fees and royalties during the reported quarter was disappointing. The decline in Franchise restaurant sales and Comparable domestic franchise sales was also discouraging. Royalties earned under the Branded Menu Program and Virtual kitchen royalties also declined during the reported quarter. International franchise fee incomes also decreased during the quarter, further raising our concerns. During the reported quarter, the gross margin contracted, which do not bode well.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nNathan's Famous, Inc. (NATH): Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482439532"}