Nathan's Famous, Inc. reported its financial results for the first fiscal quarter ended June 29, 2025. The company's revenues increased to $47.0 million, up from $44.8 million in the same period last year. Despite the rise in revenues, income from operations decreased to $12.8 million, compared to $13.7 million in the prior year period. Adjusted EBITDA was $13.5 million, down from $14.3 million the previous year. Income before provision for income taxes also saw a decline, totalling $12.3 million, compared to $12.8 million last year. In the Branded Product Program, sales rose by $2.9 million to $29.1 million, attributed to an 8% increase in average selling prices. However, income from operations for this segment decreased by $224,000 to $2.3 million due to higher costs of beef and beef trimmings. Sales from company-owned restaurants were $4.0 million, down from $4.2 million, affected by decreased customer traffic at the Coney Island locations due to unfavorable weather conditions. Nathan's Famous also declared a quarterly cash dividend of $0.50 per share. No specific future outlook or guidance was provided in the release.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nathan's Famous Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9508521-en) on August 08, 2025, and is solely responsible for the information contained therein.
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