NATHANS FAMOUS, INC.
Business
Nathan's Famous, Inc. is a branded licensor, wholesaler, and retailer of products marketed under the Nathan's Famous brand, including hot dogs and crinkle-cut French fries. The company distributes its signature products through multiple channels: licensing agreements with manufacturers like Smithfield Foods for retail grocery distribution; a Branded Product Program supplying foodservice operators nationally; four company-owned restaurants primarily in the New York metropolitan area; and 221 franchised locations across domestic and international markets. Nathan's also owns the Arthur Treacher's Fish & Chips brand used as a menu-line extension in select restaurants.
Summary from 10-K filed 2026-06-09
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Revenues | 162 | 148 | 139 | 131 | 115 | |
| Cost of sales | 107 | 90 | 83 | 75 | 65 | |
| Restaurant operating expenses | 4 | 4 | 4 | 4 | 4 | |
| Depreciation and amortization | 925,000 | 957,000 | 1 | — | — | |
| General and administrative expenses | 18 | 15 | 16 | 14 | 13 | |
| Advertising fund expense | 2 | 2 | 2 | 2 | 2 | |
| Total costs and expenses | 132 | 112 | 106 | 96 | 85 | |
| Income from operations | 30 | 36 | 33 | 34 | 30 | |
| Interest expense | −3 | −4 | −5 | — | — | |
| Loss on debt extinguishment (NOTE J) | 0 | −389,000 | −169,000 | −357,000 | −1 | |
| Interest and dividend income | 780,000 | 672,000 | 383,000 | — | — | |
| Other income, net | 165,000 | 87,000 | 86,000 | 18,000 | 52,000 | |
| Income before provision for income taxes | 28 | 33 | 27 | 27 | 19 | |
| Provision for income taxes | 8 | 9 | 8 | 7 | 5 | |
| Net income | 20 | 24 | 20 | 20 | 14 | |
| Basic (in shares) | 4 | 4 | 4 | 4 | 4 | |
| Diluted (in shares) | 4 | 4 | 4 | 4 | 4 | |
| Basic (in dollars per share) | 4.89 | 5.88 | 4.81 | 4.8 | 3.3 | |
| Diluted (in dollars per share) | 4.85 | 5.87 | 4.8 | 4.8 | 3.3 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 24 | 28 | 21 | 30 | 50 | |
| Accounts and other receivables, net (Note D) | 20 | 14 | 15 | 15 | 13 | |
| Inventories | 891,000 | 1 | 842,000 | 539,000 | 522,000 | |
| Prepaid expenses and other current assets (Note E) | 2 | 2 | 2 | 2 | 1 | |
| Total current assets | 47 | 45 | 39 | 47 | 65 | |
| Property and equipment, net of accumulated depreciation of $12,225 and $12,295, respectively (Note F) | 2 | 2 | 3 | 3 | 4 | |
| Operating lease right-of-use assets, net (Note K) | 4 | 5 | 6 | 6 | 7 | |
| Goodwill | 95,000 | 95,000 | 95,000 | 95,000 | 95,000 | |
| Intangible asset, net | 348,000 | 522,000 | 695,000 | 869,000 | 1 | |
| Deferred income taxes (Note H) | 598,000 | 510,000 | 275,000 | 375,000 | 582,000 | |
| Other assets | 85,000 | 113,000 | 141,000 | 168,000 | 195,000 | |
| Total assets | 54 | 53 | 49 | 59 | 79 | |
| Current portion of long-term debt (Note J) | 2 | 2 | 0 | — | — | |
| Accounts payable | 8 | 6 | 6 | 6 | 6 | |
| Accrued expenses and other current liabilities (Note G) | 6 | 6 | 8 | 8 | 8 | |
| Current portion of operating lease liabilities (Note K) | 2 | 2 | 2 | 2 | 2 | |
| Deferred franchise fees | 192,000 | 309,000 | 327,000 | 336,000 | 349,000 | |
| Total current liabilities | 19 | 17 | 16 | 17 | 16 | |
| Long-term debt, net of unamortized debt issuance costs of $257 and $327, respectively (Note J) | 46 | 48 | 60 | 79 | 108 | |
| Long-term portion of operating lease liabilities (Note K) | 2 | 4 | 5 | 5 | 6 | |
| Other liabilities | 717,000 | 927,000 | 810,000 | 737,000 | 674,000 | |
| Deferred franchise fees | 509,000 | 697,000 | 899,000 | 1 | 2 | |
| Total liabilities | 68 | 70 | 82 | 103 | 134 | |
| Commitments and Contingencies | — | — | — | — | — | |
| Common stock, $.01 par value; 30,000,000 shares authorized; 9,383,920 and 9,379,025 shares issued; and 4,094,405 and 4,089,510 shares outstanding at March 29, 2026 and March 30, 2025, respectively | 94,000 | 94,000 | 94,000 | 94,000 | 94,000 | |
| Additional paid-in capital | 64 | 63 | 63 | 63 | 62 | |
| Retained earnings | 8 | 7 | −9 | −21 | −33 | |
| Stockholders equity before treasury stock | 72 | 70 | 54 | 42 | 30 | |
| Treasury stock, at cost, 5,289,515 shares at March 29, 2026 and March 30, 2025 | −87 | −87 | −87 | −87 | −85 | |
| Total stockholders deficit | −14 | −17 | −33 | −45 | −55 | |
| Total liabilities and stockholders deficit | 54 | 53 | 49 | 59 | 79 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 925,000 | 957,000 | 1 | — | — | |
| Amortization of debt issuance costs | 70,000 | 153,000 | 345,000 | 508,000 | 660,000 | |
| Share-based compensation expense | 1 | 993,000 | 733,000 | 258,000 | 74,000 | |
| Provision for expected credit losses | 129,000 | 275,000 | 157,000 | 457,000 | 186,000 | |
| Deferred income taxes | −88,000 | −235,000 | 165,000 | 207,000 | −444,000 | |
| Accounts and other receivables, net | −6 | 392,000 | −74,000 | −2 | −2 | |
| Inventories | 330,000 | −379,000 | −303,000 | −17,000 | 102,000 | |
| Prepaid expenses and other current assets | 64,000 | 128,000 | −281,000 | −454,000 | −116,000 | |
| Other assets | 28,000 | 28,000 | 27,000 | 27,000 | 133,000 | |
| Operating lease assets and liabilities | −193,000 | −157,000 | −146,000 | −153,000 | −133,000 | |
| Accounts payable, accrued expenses and other current liabilities | 2 | −1 | −1 | 377,000 | 2 | |
| Deferred franchise fees | −305,000 | −220,000 | −382,000 | −489,000 | 324,000 | |
| Other liabilities | −210,000 | 117,000 | 73,000 | 63,000 | −100,000 | |
| Net cash provided by operating activities | 18 | 25 | 20 | 20 | 16 | |
| Purchase of property and equipment | −370,000 | −225,000 | −313,000 | −626,000 | −636,000 | |
| Net cash used in investing activities | −370,000 | −225,000 | −313,000 | −584,000 | −636,000 | |
| Proceeds from Credit Facility | 0 | 60 | — | — | — | |
| Repayment of Senior Secured Notes | 0 | −60 | −20 | −30 | −40 | |
| Repayment of Credit Facility | −2 | −9 | — | — | — | |
| Debt issuance costs | 0 | −431,000 | — | — | — | |
| Dividends paid to stockholders | −18 | −8 | −8 | −8 | −6 | |
| Payments of withholding tax on net share settlement of share-based compensation plans | −459,000 | −437,000 | −362,000 | 0 | −7,000 | |
| Net cash used in financing activities | −21 | −18 | −29 | −39 | −47 | |
| Net increase in cash and cash equivalents | −3 | 7 | −9 | −20 | −31 | |
| Interest | 3 | 5 | 5 | 8 | 11 | |
| Income taxes | 8 | 8 | 8 | 7 | 5 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is NATHANS FAMOUS, INC.'s CIK number?
NATHANS FAMOUS, INC.'s SEC CIK number is 0000069733 (69733). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find NATHANS FAMOUS, INC.'s SEC filings?
All of NATHANS FAMOUS, INC.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did NATHANS FAMOUS, INC. last report earnings?
NATHANS FAMOUS, INC. (NATH) most recently filed an earnings 8-K with the SEC on Jun 9, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001437749-26-019921). This is NATHANS FAMOUS, INC.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is NATHANS FAMOUS, INC.'s most recent earnings 8-K?
NATHANS FAMOUS, INC.'s latest earnings 8-K (Item 2.02) was filed Jun 9, 2026 under accession 0001437749-26-019921. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
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