NATHANS FAMOUS, INC.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Total Revenue $96.3m
$104.2m +8.25%
$101.8m -2.26%
$103.3m +1.45%
$75.8m -26.60%
$114.9m +51.48%
$130.8m +13.84%
$138.6m +5.98%
$148.2m +6.91%
$162.1m +9.37%
Cost of Revenue $51.6m
$58.8m +13.79%
$52.8m -10.17%
$54.5m +3.24%
$32.5m -40.29%
$65.2m +100.28%
$75.2m +15.36%
$83.2m +10.66%
$89.7m +7.84%
$106.5m +18.74%
Cost of sales $52.0m
$58.8m +12.92%
$52.8m -10.17%
$54.5m +3.24%
$32.5m -40.29%
$65.2m +100.28%
$75.2m +15.36%
$83.2m +10.66%
$89.7m +7.84%
$106.5m +18.74%
Gross Profit (derived) $44.6m
$45.4m +1.85%
$49.1m +7.97%
$48.8m -0.47%
$43.3m -11.33%
$49.7m +14.81%
$55.6m +11.86%
$55.4m -0.33%
$58.5m +5.50%
$55.5m -5.01%
General and Administrative Expense $13.7m $13.5m $13.9m $14.8m $12.0m $13.1m $14.1m $15.6m $14.5m $17.9m
Labor and Related Expense $6.1m $6.0m
Other General and Administrative Expense $6.2m $9.8m
Amortization of Intangible Assets $113k $113k $174k $174k $173k $174k
Operating Lease, Lease Income $47k $88k $85k $87k $87k $50k
Operating expenses:
Operating Costs and Expenses $3.4m $3.5m $3.5m $3.5m $3.3m $3.7m $4.0m $4.2m $4.4m $4.4m
Restaurant operating expenses $3.4m $3.5m $3.5m $3.5m $3.3m $3.7m $4.0m $4.2m $4.4m $4.4m
Total costs and expenses $70.4m $77.1m $73.9m $76.2m $50.3m $85.0m $96.3m $106.1m $111.7m $132.0m
Operating Income (Loss) $26.3m
$27.1m +3.12%
$28.0m +3.23%
$27.2m -2.87%
$25.5m -6.10%
$29.9m +17.04%
$34.4m +15.34%
$32.5m -5.63%
$36.5m +12.28%
$30.1m -17.52%
Investment Income, Interest $104k $166k $840k $364k $110k $440k $383k
Other Nonoperating Income (Expense) $85k $99k $209k $86k $47k $52k $18k $86k $87k $165k
Interest Expense (non-operating) $14.7m $13.6m $10.8m $10.6m $10.6m $10.1m $7.7m $5.4m $4.1m $2.9m
Other income, net $85k $99k $209k $86k $47k $52k $18k $86k $87k $165k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $11.8m $4.1m $29.4m $18.0m $15.3m $18.5m $26.8m $27.5m $32.8m $28.2m
Income Tax Expense (Benefit) $4.3m $1.5m $7.9m $4.6m $4.2m $4.9m $7.2m $7.8m $8.7m $8.2m
Net Income (Loss) Attributable to Parent $7.5m
$2.6m -64.86%
$21.5m +717.22%
$13.4m -37.49%
$11.1m -17.57%
$13.6m +22.76%
$19.6m +44.33%
$19.6m -0.04%
$24.0m +22.48%
$20.0m -16.67%
Earnings Per Share, Basic $1.79 $0.63 $5.13 $1.40 $2.69 $3.30 $4.80 $4.81 $5.88 $4.89
Earnings Per Share, Diluted $1.78 $0.62 $5.09 $3.19 $2.69 $3.30 $4.80 $4.80 $5.87 $4.85
Common Stock, Dividends, Per Share, Declared $0.00 $5.00 $1.00 $0.00 $1.40 $1.50 $1.85 $2.00 $2.00 $0.00
Weighted Average Number of Shares Outstanding, Basic 4.2m 4.2m 4.2m 4.2m 4.1m 4.1m 4.1m 4.1m 4.1m 4.1m
Basic (in shares) $4.2m $4.2m $4.2m $4.2m $4.1m $4.1m $4.1m $4.1m $4.1m $4.1m
Diluted (in shares) $4.2m $4.2m $4.2m $4.2m $4.1m $4.1m $4.1m $4.1m $4.1m $4.1m
Weighted Average Number of Shares Outstanding, Diluted 4.2m 4.2m 4.2m 4.2m 4.1m 4.1m 4.1m 4.1m 4.1m 4.1m
Additional Financial Items
Interest and dividend income $383k
$672k +75.46%
$780k +16.07%
Goodwill, Impairment Loss $0 $0
Depreciation and amortization $1.3m $1.4m $1.2m $1.2m $1.2m $1.1m $1.1m $1.1m $957k $925k
Advertising fund expense $0 $2.5m $2.2m $1.3m $2.0m $2.0m $2.0m $2.1m $2.2m
Loss on debt extinguishment (NOTE J) ($8.9m) $0 ($1.4m) ($357k) ($169k) ($389k) $0