Nathan's Famous Q1 net income $8.93M ($2.16 EPS); revenue up 5% but profit dips

NATHANS FAMOUS, INC.

2026-Q1 EPS reported $2.16 revenue$46,998,000

Revenue $46.998M (+5% YoY); net income $8.928M ($2.16 diluted EPS) vs $9.277M ($2.27) last year.
License royalties decreased to $12.381M from $12.921M; Smithfield royalties down 4.5%.
Branded product sales up $2.929M to $29.075M; ops income down $224K on higher beef costs.
Company-owned restaurant sales fell to $3.986M from $4.199M due to weather at Coney Island.
Quarterly dividend declared at $0.50 per share (unchanged from prior period).

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