Nathan's Famous
Nathan's Famous, Inc. engages in the operation of franchised fast food units. It involves in the licensing, wholesaling, and retailing of products marketed under the Nathan's Famous brand. The firm operates through the following business segments: Branded Product Program; Product Licensing; Restaurant Operations; and Corporate. The Branded Product Program segment markets and sells hot dog products. The Product Licensing segment comprises royalties from licensing a variety of Nathan's Famous products such as hotdogs, sausage and corned beef products, frozen french fries, and additional products through retail grocery channels and club stores. The Restaurant Operations involves in the sale of products at company-owned restaurants and fees and royalties from its franchised restaurants. The Corporate segment consists of administrative expenses like executive management, finance, information technology, legal, insurance, corporate office costs, corporate incentive compensation, and compliance costs. The company was founded by Nathan Handwerker in 1916 and is headquartered in Jericho, NY.