trending Market Intelligence /marketintelligence/en/news-insights/trending/YPW2WebuDe8a0drS0uxL6w2 content esgSubNav
In This List

Nathan's Famous fiscal Q1 profit falls YOY


Illuminating the Opaque: How can Significant Risk Transfer underwriting decisions be made with greater conviction?

Case Study

A Law Firm Taps into Extensive Data Solutions to Create a Powerful CRM System


MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services


Banking Essentials Newsletter: 17th April Edition

Nathan's Famous fiscal Q1 profit falls YOY

Nathan's Famous Inc. said its normalized net income for the fiscal first quarter ended June 28 was 53 cents per share, a decline of 43.0% from 93 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $2.5 million, a decrease of 42.6% from $4.3 million in the year-earlier period.

The normalized profit margin dropped to 8.0% from 15.5% in the year-earlier period.

Total revenue climbed 11.1% year over year to $30.7 million from $27.6 million, and total operating expenses grew 10.7% from the prior-year period to $23.0 million from $20.8 million.

Reported net income declined 43.5% from the prior-year period to $2.3 million, or 50 cents per share, from $4.1 million, or 89 cents per share.