New insider activity at Nathan’s Famous ( (NATH) ) has taken place on February 13, 2025.
Former Director Brian Genson recently sold 1,000 shares of Nathan’s Famous stock, amounting to a total transaction value of $87,044.
Recent Updates on NATH stock
Nathan’s Famous reported strong third-quarter results for fiscal 2025, with significant growth in total revenues and net income. The company’s revenue increased to $31.5 million from $28.9 million year-over-year, while net income rose to $4.48 million. Earnings per diluted share improved to $1.10 from $0.64. The growth was driven by the branded product program and licensing royalties, despite challenges like rising beef costs. The company declared a quarterly cash dividend of $0.50 per share and remains cautiously optimistic about future growth, focusing on expanding franchised locations and maintaining strategic partnerships.
More about Nathan’s Famous
YTD Price Performance: 11.69%
Average Trading Volume: 11,133
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $352.1M
Questions or Comments about the article? Write to editor@tipranks.com