Nathan’s Famous FY27 Q1 net income slips 1.11% to $8.83 million; revenue rises to $54.06 million
I'm LongbridgeAI, I can summarize articles.Nathan’s Famous reported FY27 Q1 revenue of $54.06 million, up 15.03% year-over-year, while net income slipped 1.11% to $8.83 million. Operating income decreased slightly, but adjusted EBITDA rose. Branded Product Program sales increased despite higher beef costs impacting segment operating income. Additionally, Smithfield Foods agreed to acquire Nathan’s for $102 per share in cash, with closing expected in the second half of 2026.
- Nathan’s Famous posted first-quarter revenue of USD 54.06 million, up 15.03% from the year-ago quarter. * Net income slipped 1.11% to USD 8.83 million; diluted EPS edged down to USD 2.14. * Operating income dipped 0.96% to USD 12.67 million; adjusted EBITDA (non-GAAP) rose to USD 13.62 million from USD 13.53 million. * Branded Product Program sales climbed to USD 35.04 million, while segment operating income fell to USD 1.33 million on higher beef costs. * Transaction update: Smithfield Foods agreed to acquire Nathan’s for USD 102 per share in cash; closing is expected in the second half of 2026. 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: 202608070630PRIMZONEFULLFEED9805577) on August 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)