Nathan's Famous, Inc. Reports First Quarter Results

Nathan's Famous reported first quarter fiscal 2027 revenues of $54.1 million, up 15% year-over-year, driven by strong growth in the Branded Product Program and licensing royalties. However, net income declined slightly to $8.8 million from $8.9 million due to a 22% increase in beef costs. The company remains on track for completion of its $450 million acquisition by Smithfield Foods at $102 per share in the second half of 2026.