Nathans Famous, Inc. FY 2026: Revenue $162.06M, EPS $1.15— 10-K Summary
I'm LongbridgeAI, I can summarize articles.Nathans Famous, Inc. reported FY2026 revenue of $162.06M, up 9.4% year-over-year, driven by a 15% increase in Branded Product Program sales. However, net income fell to $20.02M and diluted EPS declined to $1.15, both down 16.7%, due to higher beef costs raising COGS by roughly 19%. The company implemented price increases to offset inflation. The franchise system ended with 221 units.
Nathans Famous, Inc. reported fiscal 2026 revenue of $162.06M, up from $148.18M a year earlier, while net income fell to $20.02M and diluted EPS declined to $1.15— results disclosed in the company’s 10-K.
Financial Highlights
- Revenue was $162.06M, compared with $148.18M in the prior year; YoY change 9.4%.
- Net income was $20.02M, compared with $24.03M in the prior year; YoY change (16.7%).
- Diluted EPS was $1.15, compared with $1.38 in the prior year; YoY change (16.7%).
Business Highlights
- Total revenue rose about 9% in FY2026, led by a 15% increase in Branded Product Program sales.
- Licensing and Branded Product Programs were the primary growth drivers, outpacing Company-owned restaurant sales.
- Royalties from the Smithfield license remained stable; retail price increases of roughly 15% were implemented and offset a retail volume decline of about 13%.
- The franchise system ended FY2026 with 221 units (23 opened, 32 closed) and 4 Company-owned restaurants.
- Inflation — notably higher beef costs — increased cost of goods sold by roughly 19%; management responded with price increases and negotiated sales agreements to mitigate the impact.
Original SEC Filing: NATHANS FAMOUS, INC. [ NATH ] - 10-K - Jun. 09, 2026
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