Nathan's Famous, Inc. Reports Year End and Fourth Quarter Results

JERICHO, N.Y., June 09, 2026 (GLOBE NEWSWIRE) -- Nathan's Famous, Inc. ("Nathan's", the "Company", "we", "us" or "our") (NASDAQ: NATH ) today reported results for its fiscal year and fourth quarter ended March 29, 2026. Effective June 9, 2026, as permitted under the Merger Agreement (as defined below) the Board of Directors declared its quarterly cash dividend for fiscal 2027 of $0.50 per share, which is payable on June 30, 2026 to shareholders of record at the close of business on June 22, 2026. For the fiscal year ended March 29, 2026: Revenues were $162,063,000 for the fifty-two weeks ended March 29, 2026 ("fiscal 2026") as compared to $148,182,000 for the fifty-two weeks ended March 30, 2025 ("fiscal 2025"); Income from operations was $30,102,000 for fiscal 2026 as compared to $36,497,000 for fiscal 2025; Adjusted EBITDA 1 for fiscal 2026, a non-GAAP financial measure, was $36,314,000 as compared to $39,206,000 for fiscal 2025; Income before provision for income taxes was $28,190,000 for fiscal 2026 as compared to $32,761,000 for fiscal 2025; Net income was $20,020,000 for fiscal 2026 as compared to $24,026,000 for fiscal 2025; and Earnings per diluted share was $4.85 per share for fiscal 2026 as compared to $5.87 per share for fiscal 2025. For the quarter ended March 29, 2026: Revenues were $35,066,000 for the thirteen weeks ended March 29, 2026 ("fourth quarter fiscal 2026") as compared to $30,787,000 for the thirteen weeks ended March 30, 2025 ("fourth quarter fiscal 2025"); Income from operations was $4,682,000 for the fourth quarter fiscal 2026 as compared to $6,368,000 for the fourth quarter fiscal 2025; Adjusted EBITDA 1 for the fourth quarter fiscal 2026, a non-GAAP financial measure, was $7,590,000 as compared to $7,096,000 for the fourth quarter fiscal 2025; Income before provision for income taxes was $4,164,000 for the fourth quarter fiscal 2026 a