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
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.
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.