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Nathans Famous Inc   (NATH)
    Sector  Services    Industry Restaurants
   Industry Restaurants
   Sector  Services
 

Strong Eps Underlines Double Digits Revenues improvement at the company in the second quarter of 2023

NATH recorded third quarter of 2023 operating surplus of $6.332 million


Published Feb 03 2023
CSIMarket Team / CSIMarket.com


FoodCourt_pd Underlining the July to September 25 2022 bottom-line jumped by 69.77 % to $1.46 per share, followed by Revenue increment of 14.049 % to $37.50 millions, compared with the prior year period.

From the prior reporting season, profits fell by -16.09 % from $1.74 per share and Revenue decreased by -5.597 % from $39.72 millions.

The company result reflects solid execution throughout the most branches and strong additions from revenue sources, as NATH seems to be well stimulated to bet on a great year , by accelerating the perceptibility and progress.
Net profits of $5.958 millions in the July to September 25 2022 time-frame increased by 68.07 % from net earnings of $3.545 millions reported in the July to September 25 2022 time-frame a year ago. Nathans Famous Inc also emphasized it's improving profit margins, where net margin rose to 15.89% in July to September 25 2022 time-frame, and operating margin edged up to 26.44%.
Operating earnings, on the other hand, improved just 33.27% to $9.914 millions.

Nathans Famous Inc is expected to report next financial recent numbers on June 09, 2023.



Nathans Famous Inc's Revenue per Employee

Nathans Famous Inc's Net Profit Margin



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