Detail akcie Nathans Famous online

Business Summary: Nathan's Famous, Inc. is a licensor, wholesaler and retailer of products marketed under its Nathans brand, including its Nathans Beef Hot Dogs. The Company's segments include Branded Product Program, Product licensing, and Restaurant operations. The Branded Product Program segment is engaged in the sale of hot dog products either directly to foodservice operators or to various foodservice distributors who resell the products to foodservice operators. The Product licensing segment includes royalties, from licensing a range of its branded products, including its hot dogs, sausage and corned beef products, frozen French fries and additional products, through retail grocery channels and club stores throughout the United States. The Restaurant operations segment is engaged in the sale of its products at Company-owned restaurants and earns fees and royalties from its franchised restaurants, including its virtual kitchens. Its products are marketed for sale in approximately 79,000 locations.
Financial Summary: BRIEF: For the 39 weeks ended 24 December 2023, Nathan's Famous, Inc. revenues increased 6% to $109.6M. Net income decreased 4% to $15.7M. Revenues reflect Branded Product Program segment increase of 10% to $68.2M, Product Licensing segment remaining flat at $26.1M, United States segment increase of 6% to $105M, International segment increase of 3% to $4.6M. Net income was offset by Branded Product Program segment income decrease of 18% to $5.8M.