8-K filing — NATHANS FAMOUS, INC. (NATH)
Filed: 2026-10-14 AccNo: 0001104659-26-115866 Size: 325 KB Item 8.01: Other Events
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Nathan's Famous (NASDAQ:NATH) reported quarterly earnings of $2.14 per share. This is a 0.93 percent decrease over earnings of $2.16 per share from the same period last year. The company reported $54.062 million in
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Filed: 2026-10-14 AccNo: 0001104659-26-115866 Size: 325 KB Item 8.01: Other Events
Halper Sadeh LLC, an investor rights law firm, is investigating four companies for potential securities law violations and breaches of fiduciary duties related to their proposed mergers and acquisitions. The firm is examining whether shareholders are receiving fair consideration and whether insider benefits may be limiting superior competing offers. The investigations cover Varex Imaging's sale to Teledyne Technologies, Bowman Consulting's sale to Bernhard Capital Partners, Nathan's Famous' sale to Smithfield Foods, and Synlogic's merger with Caldera Therapeutics.
Nathan's Famous reported first quarter fiscal 2027 revenues of $54.1 million, up 15% year-over-year, driven by strong growth in the Branded Product Program and licensing royalties. However, net income declined slightly to $8.8 million from $8.9 million due to a 22% increase in beef costs. The company remains on track for completion of its $450 million acquisition by Smithfield Foods at $102 per share in the second half of 2026.