Financial Performance - Total revenues for the thirteen weeks ended December 28, 2025, increased to $34.3 million, up 8.6% from $31.5 million for the same period in 2024[11] - Net income for the thirteen weeks ended December 28, 2025, was $3.1 million, a decrease of 31.2% compared to $4.5 million for the same period in 2024[11] - The company reported a gross profit margin of 10.5% for the thirteen weeks ended December 28, 2025, compared to 22.1% for the same period in 2024[11] - Net income for the thirty-nine weeks ended December 28, 2025, was $17,211,000, a decrease from $19,791,000 for the same period in 2024, representing a decline of approximately 13%[19] - Total revenues for the thirty-nine weeks ended December 28, 2025, were $126,997,000, an increase of 8% compared to $117,395,000 for the same period in 2024[29] - Branded Products revenue for the thirty-nine weeks ended December 28, 2025, was $81,871,000, up from $71,781,000 in 2024, reflecting a growth of approximately 14%[29] - Basic net income per share for the thirty-nine weeks ended December 28, 2025 was $4.21, compared to $4.84 for the same period in 2024, a decline of 13.0%[37] - The Company reported a net income of $4,748,000 for the thirteen weeks ended December 28, 2025, compared to $6,059,000 for the same period in 2024, a decline of 21.6%[65] Cash and Assets - Cash and cash equivalents decreased to $24.5 million as of December 28, 2025, from $27.8 million as of March 30, 2025[8] - Total assets decreased to $50.9 million as of December 28, 2025, from $53.5 million as of March 30, 2025[8] - Total cash and cash equivalents at the end of the period were $24,545,000, an increase from $23,711,000 at the end of the previous year[19] - Cash and cash equivalents were reported at $16,280,000 as of December 28, 2025, down from $19,400,000 as of March 30, 2025[38] - The Company’s total current assets were reported at $43,946,000 as of December 28, 2025, down from $45,135,000[8] Liabilities and Equity - Total liabilities decreased to $66.2 million as of December 28, 2025, from $70.0 million as of March 30, 2025[8] - The company’s retained earnings increased to $7.4 million as of December 28, 2025, compared to $6.6 million as of March 30, 2025[8] - The company’s retained earnings increased to $7,416,000 as of December 28, 2025, from $4,373,000 as of December 29, 2024[19] - The company’s long-term debt as of December 28, 2025, was $46,326,000, down from $48,073,000 on March 30, 2025[76] Dividends - The company declared dividends of $3.00 per share, totaling $12.3 million for the thirteen weeks ended December 28, 2025[12] - Dividends paid to stockholders increased to $16,358,000 for the thirty-nine weeks ended December 28, 2025, compared to $6,127,000 in 2024, marking a significant increase of approximately 167%[19] - The Company paid quarterly dividends of $0.50 per share on July 1, September 5, and December 5, 2025, along with a special cash dividend of $2.50 per share on December 5, totaling $16,358 million in dividends paid through December 28, 2025[72] Operational Metrics - Cash flows from operating activities for the thirty-nine weeks ended December 28, 2025, provided $15,692,000, compared to $18,450,000 in 2024, indicating a decrease of about 15%[19] - Total costs and expenses for the thirty-nine weeks ended December 28, 2025, were $101,577,000, compared to $87,266,000 for the same period in 2024, an increase of 16.4%[11] - The cost of sales rose to $23,138,000 for the thirteen weeks ended December 28, 2025, compared to $19,571,000 in the same period of 2024, marking an increase of 18.5%[11] Taxation - The effective income tax rate for the thirty-nine weeks ended December 28, 2025 was 28.4%, higher than the 26.5% rate for the same period in 2024[56] - The effective income tax rate for the thirteen weeks ended December 28, 2025, was 35.0%, up from 26.0% for the same period in 2024[54] - The Company reported $1,664,000 of income tax expense on $4,748,000 of pre-tax income for the thirteen weeks ended December 28, 2025[55] Share Repurchase and Compensation - As of December 28, 2025, the company repurchased 1,101,884 shares at a cost of $39,000 under the stock repurchase plan, with 98,116 shares remaining to be repurchased[75] - Total share-based compensation for the thirteen weeks ended December 28, 2025, was $280 million, slightly down from $288 million in the same period of 2024[68] - Share-based compensation for the thirty-nine weeks ended December 28, 2025, totaled $852,000, up from $705,000 in the same period of 2024, reflecting an increase of 20.9%[68] Merger and Acquisition - The Company entered into a Merger Agreement with Smithfield Foods, Inc. on January 20, 2026, which includes the payment of all outstanding obligations under the Credit Facility[86] - At the Effective Time of the Merger, each share of common stock of the Company will be converted into cash of $102.00 per share[97] - The Company will pay a cash termination fee of $10,581,814 if the Merger Agreement is terminated under specific conditions, including a change in the Company Board's recommendation[102] - The Company has agreed to customary "no-shop" restrictions to avoid soliciting alternative competing transactions[99] - The Merger is subject to conditions including Company Stockholder Approval and the absence of a Company Material Adverse Effect[101]

Exhibit 99.1 JERICHO, N.Y., February 5, 2026 -- Nathan's Famous, Inc. ("Nathan's", the "Company", "we", "us" or "our") (NASDAQ:NATH) today reported results for its third fiscal quarter ended December 28, 2025. For the thirteen-week period ended December 28, 2025 ("third quarter fiscal 2026"): For the thirty-nine weeks ended December 28, 2025 ("fiscal 2026"): EBITDA and Adjusted EBITDA are non-GAAP financial measures. Please see the definitions of EBITDA and Adjusted EBITDA on page 3 of this release and the ...

MONSEY, N.Y., Jan. 27, 2026 (GLOBE NEWSWIRE) -- The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Nathan’s Famous, Inc. (Nasdaq: NATH) (“NATH”) for $102.00 per share in cash to Smithfield Foods. The sale price is well below NATH’s 52-week high of $118.50 per share, which indicates an opportunistic purchase. If you remain a NATH shareholder and have concerns about the fairness of the sale price, you may contact our firm at the following link to discuss your legal right ...

In the current economic environment, interest rates can make borrowing money expensive. Many corporate acquisitions require the buyer to take on new loans, which adds interest payments that eat into future profits. Smithfield’s ability to finance this deal without issuing new debt is a significant sign of balance sheet strength. The company ended the third quarter of fiscal 2025 with over $3 billion in available funds. Furthermore, its leverage ratio sits at a healthy 0.8x net debt to adjusted EBITDA, indic ...

For New Yorkers who visit the Coney Island boardwalk every summer, there is one spot they almost always stop at after hours of walking and riding amusement park rides under the hot sun. The place is nothing fancy, just a simple yellow-and-red storefront with green-and-white striped awnings and a huge white-and-green sign, but the smell of sizzling hot dogs is enough to draw millions of families in, turning it into an unmissable tradition for many. Founded in 1916, few could have predicted that what bega ...

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF†) are investigating the proposed sale of Nathan's Famous, Inc. (NasdaqGS: NATH) to Smithfield Foods, Inc. (NasdaqGS: SFD). Under the terms of the proposed transaction, shareholders of Nathan's will receive $102.00 in cash for each share of Nathan's that they own. KSF is seeking to determine whether this consideration and the process that l. ...

LOS ANGELES--(BUSINESS WIRE)---- $NATH--NATH Investors Have the Opportunity to Join Investigation of Nathan's Famous, Inc. with the Schall Law Firm. ...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Nathan's Famous, Inc. (NASDAQ: NATH) to Smithfield Foods, Inc. for $102.00 per share in cash is fair to Nathan's shareholders. Halper Sadeh encourages Nathan's shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Na. ...

MILWAUKEE, Jan. 21, 2026 /PRNewswire/ -- Ademi LLP is investigating Nathan's Famous (NASDAQ: NATH) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Smithfield. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Nathan's Famous stockholders will receive $102 per share in cash, valuing the trans ...

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