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Companies / Consumer Discretionary / NATHANS FAMOUS, INC.
NATH

NATHANS FAMOUS, INC.

Consumer DiscretionaryRestaurants
Ticker NATHJERICHO, NYFiscal year ends MarchBook value per share $-1.73Diluted shares 4.1M

Nathan's Famous, Inc. (NASDAQ: NATH) is a leading branded licensor, wholesaler, and retailer of products marketed under the iconic Nathan's Famous brand, which traces its origins to a nickel hot dog stand that opened on Coney Island in 1916. The company operates through multiple distribution channels to maximize… From the company’s description.

Fiscal year 2026 · ends 03-28Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-06-28
Sales & profitability
$162.06M
+9.4% year over year
Last 12 mo $169.13M
18.57%
−6.1 percentage points
Last 12 mo 17.73%
$20.02M
−16.7% year over year
Last 12 mo $19.92M
-140.76%
+4.7 percentage points
Last 12 mo -278.15%
Cash & financing
$18.23M
−27.8% year over year
Last 12 mo $19.40M
$17.86M
−28.6% year over year
Last 12 mo $19.08M
-3.38
Was -3.06× a year earlier
Last 12 mo -6.64
4.1M
+0.7% year over year
Last 12 mo 4.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What NATHANS FAMOUS, INC. does

In the company’s own words

Nathan's Famous, Inc. (NASDAQ: NATH) is a leading branded licensor, wholesaler, and retailer of products marketed under the iconic Nathan's Famous brand, which traces its origins to a nickel hot dog stand that opened on Coney Island in 1916. The company operates through multiple distribution channels to maximize consumption of its signature Nathan's World Famous Beef Hot Dogs, crinkle-cut French fries, and complementary products across diverse foodservice and retail formats.

The company's business model comprises four primary revenue streams. The licensing program generates high-margin royalties through partnerships with major manufacturers and distributors, including Smithfield Foods, which holds exclusive rights to manufacture and distribute Nathan's branded products through supermarkets, mass merchandisers, and club stores nationwide. The Branded Product Program distributes Nathan's hot dogs to foodservice operators across thousands of locations including national restaurant chains, movie theaters, amusement parks, sports venues, and convenience stores. The company operates four Company-owned restaurants, primarily in the New York metropolitan area, including the flagship Coney Island location that hosts the annual Nathan's Famous International Hot Dog Eating Contest, which has been broadcast on ESPN since 2004. The franchise system consists of 221 locations across 19 states and 11 foreign countries, plus 476 virtual kitchens, generating royalties based on sales performance.

As of March 29, 2026, Nathan's employed 129 full-time employees, with approximately 240 to 250 seasonal workers during peak months. The company maintains a presence in all 50 states and 20 foreign countries through its diversified distribution network. Nathan's also owns the Arthur Treacher's Fish & Chips brand, which operates as a co-branded menu extension within select Nathan's restaurants and delivery platforms.

In January 2026, Nathan's entered into a merger agreement with Smithfield Foods, with closing anticipated in the second half of 2026, subject to regulatory approvals including CFIUS clearance. The company's competitive strengths center on its globally recognized brand, premium product quality, diversified revenue streams, and flexible business model that adapts to various retail and foodservice environments.

Company details
Sector
Consumer Discretionary
Industry
Restaurants
Headquarters
JERICHO, NY
Fiscal year end
March
CIK
69733
SIC
5812

Financial performance, year by year

Fiscal 2014–2026 · USD
$-16.91M$33.83M$84.56M$135.30M$186.04M2014201520162017201820192020202120222023202420252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns NATHANS FAMOUS, INC. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

127
funds hold it
0 of 35
superinvestors hold it
$91.65M
held by funds, at market
22.1%
of shares held by funds

Largest fund holders · NATHANS FAMOUS, INC.’s weight in each

0.45%of fund net assets
The Gabelli Small Cap Growth Fund
GCASX · Gabelli Equity Series Funds Inc
0.78%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.01%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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