Nathan's Famous Inc. (NATH)

Overview

Nathan's Famous, Inc. is a renowned entity within the foodservice industry, primarily operating through the ownership and franchising of restaurants under the widely recognized Nathan's Famous brand. Established in 1916, the company has solidified its reputation in the culinary world by not only offering dining experiences but also by venturing into the retail and wholesale distribution of its branded products. Based in Jericho, New York, Nathan’s Famous extends its reach by engaging in license agreements that facilitate the manufacture, distribution, and sale of its signature products, including hot dogs, sausages, and corned beef. These strategic partnerships have enabled Nathan's Famous to place its products in various retail channels, encompassing supermarkets, grocery stores, mass merchandisers, and club stores. The company has thus diversified its portfolio to ensure Nathan's Famous products are widely accessible, catering to a vast segment of the food consumer market.

Products and Services

The comprehensive range of products and services offered by Nathan's Famous underscores its commitment to quality and consumer satisfaction. The company’s offerings extend beyond its classic restaurant fare, reaching customers through multiple channels:

• Branded Packaged Products: Nathan's Famous has leveraged license agreements to distribute refrigerated consumer packages of hot dogs, sausages, and corned beef products through retail channels. This initiative allows fans of the brand to enjoy its gourmet flavors from the comfort of their homes.
• Food Service Industry Supply: Catering to the food service sector, the company also manufactures Nathan's Famous branded hot dog and sausage products in bulk. This facilitates the brand's presence in various food service venues, maintaining consistency in taste and quality across platforms.
• Restaurant System Supplies: For use within the Nathan's Famous restaurant system, the company supplies natural casing and skinless hot dogs in bulk. This ensures that dining consumers receive the authentic Nathan's Famous experience with every visit.
• Proprietary Spices and Condiments: Through specific license agreements, Nathan's Famous also produces proprietary spices along with complementing condiments such as sauerkraut and pickles, enhancing the culinary experience associated with its products.
• Retail Frozen Products: Expanding its footprint in the retail space, Nathan's Famous offers an assortment of frozen products including French fries, onion rings, miniature bagel dogs, mozzarella sticks, and other hors d'oeuvres. These products, available in supermarkets, club stores, and other retail food outlets, embody the brand's commitment to diversity in product offerings.
• Direct Sales to Foodservice Operators: In addition to distributing through intermediaries, Nathan's Famous engages in direct sales to foodservice operators and distributors. This direct approach ensures a broader distribution of its products within the professional culinary industry.
• Arthur Treacher's Fish Fillets: Complementing its robust product lineup, Nathan's Famous also provides Arthur Treacher's brand fish fillets, diversifying its offerings further and catering to a wider range of taste preferences and dietary needs.