Zacks Initiates Coverage of Nathan's Famous With Underperform Recommendation
Discover why Zacks rates Nathan's Famous as "Underperform", being the first on Wall Street to initiate coverage on the stock. Explore NATH's rising costs and regulatory challenges despite strong brand recognition and steady revenue growth.
Nathan's Famous: Famous For A Reason
Nathan's Famous has a strong brand and taste superiority in the hot dog industry, with corresponding premium pricing. The hot dog industry in the US is concentrated, with Nathan's being one of the top 5 brands and a potential acquisition target. Valuation analysis suggests over 50% upside potential for Nathan's stock with limited downside risk based on DCF analyses.
Nathan's Famous (NATH) Q4 Earnings Improve Y/Y, Gross Margin Up
Nathan's Famous' (NATH) overall topline in fourth-quarter fiscal 2024 benefits from revenue growth in all segments.
Nathan's Famous Posts Q4 Results Amid Hot Dog Eating Contest Drama
Nathan's Famous (NASDAQ: NATH ) has posted its earnings report for its fiscal fourth quarter of 2024 all while caught up in drama over its hot dog eating contest. Starting with that earnings report, the company brought in EPS of 96 cents alongside revenue of $138.61 million.
Nathan's hot dog contest parts ways with champion Joey Chestnut over plant-based frank partnership
Major League Eating will part ways with 16-time champion Joey Chestnut ahead of this year's annual Fourth of July hot dog eating contest, hosted by Nathan's Famous. The decision comes after Chestnut chose to represent a rival brand that sells plant-based hot dogs, the organization told CNBC in a statement.
