Nathan's Famous, Inc. - Common Stock (NATH)

Declares Quarterly Cash Dividend Of $0.50 Per Share

Declares Quarterly Cash Dividend Of $0.50 Per Share

Refinances Senior Secured Notes With A New Unsecured $60 Million Term Loan Facility and $10 Million Revolving Credit Facility and Declares Quarterly Cash Dividend Of $0.50 Per Share

Declares Quarterly Cash Dividend Of $0.50 Per Share.

Redeemed $20 Million of its 6.625% Senior Secured Notes due 2025, And Declares Quarterly Cash Dividend Of $0.50 Per Share.

Declares Quarterly Cash Dividend Of $0.50 Per Share

Declares Quarterly Cash Dividend Of $0.50 Per Share

Declares Quarterly Cash Dividend of $0.50 Per Share and Redeemed $30 Million of its 6.625% Senior Secured Notes due 2025 in the Fourth Quarter of Fiscal 2023.

Despite challenges including inflation and staffing shortages, Chipotle, Wingstop, and Nathan’s Famous are restaurant-industry price-performance leaders.

JERICHO, N.Y., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Nathan's Famous, Inc. (“Nathan’s”, the “Company”, “we”, “us” or “our”) (NASDAQ:NATH) today reported results for its third fiscal quarter ended December 25, 2022.

Nathan's Famous, Inc., the American tradition serving New York favorites for more than 100 years, recognizes that many restaurant owners were forced to close during the COVID pandemic and those that survived still struggle to meet pre-pandemic sales goals. With that understanding, today it announces the launch of a new franchise sales initiative aimed specifically at these struggling restaurant owners, offering to cost-effectively convert their location into a Nathan’s Famous.

And Declares Quarterly Cash Dividend Of $0.45 Per Share.