Nathans Famous Inc

Nathan's Famous, Inc. operates in the foodservice industry in the United States and internationally through three segments: Branded Product Program, Product Licensing, and Restaurant Operations. The company owns and franchises restaurants under the Nathan's Famous brand. It also has license agreements for the manufacture, distribution, marketing, and sale of Nathan's Famous branded beef hot dogs, crinkle-cut french fries, and sausages in refrigerated consumer packages, which are resold through retail channels such as supermarkets, grocery stores, mass merchandisers, and club stores. In addition, the company has license agreements to manufacture Nathan's Famous branded hot dog and sausage products in bulk for the foodservice industry, supply Nathan's Famous natural casing and skinless hot dogs in bulk for use in the Nathan's Famous restaurant system, as well as manufacture proprietary spices; produce and distribute pickles; and produce and sell french fries and onion rings for retail sale. Further, the company produces and sells miniature bagel dogs, franks-in-a-blanket, mozzarella sticks, corn dog nuggets, other hors d'oeuvres, and bottled mustard through club stores, supermarkets, and other retail food stores. Additionally, it sells Nathan's products directly to foodservice operators or various foodservice distributors, and provides Fish-n-Chips under the Arthur Treacher's brand name. Nathan's Famous, Inc. was founded in 1916 and is headquartered in Jericho, New York.

NATH

Smithfield Foods Reports Record Q2 Adjusted Operating Profit of $300 Million

Smithfield Foods reported record second quarter adjusted operating profit of $300 million and expanded adjusted operating profit margin to 8.1% from 7.9%. Consolidated sales were $3.7 billion, down 2.3% year-over-year, while adjusted net income rose 13% to $245 million and adjusted diluted EPS increased 13% to $0.62 per share. The company updated its full-year 2026 adjusted operating profit outlook to a range of $1.225 billion to $1.375 billion, citing softer commodity markets and a cautious consumer. Packaged Meats delivered a 13.1% operating margin, Fresh Pork profit fell to $14 million from $30 million a year earlier, and Hog Production profit rose to $64 million from $22 million. Smithfield also expects to close its acquisition of Nathan's Famous in the second half of 2026, subject to CFIUS review.

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