Nathan's Famous, Inc. reported increased revenues and net income for the fourth quarter ended March 31, 2024, with revenues reaching $28.991 million and net income at $3.910 million. The company also declared a quarterly cash dividend of $0.50 per share.
Revenues for the fourth quarter fiscal 2024 increased to $28.991 million, compared to $27.414 million for the fourth quarter fiscal 2023.
Net income for the fourth quarter fiscal 2024 was $3.910 million, up from $3.265 million for the fourth quarter fiscal 2023.
Earnings per diluted share for the fourth quarter fiscal 2024 increased to $0.96, compared to $0.80 for the fourth quarter fiscal 2023.
The Board of Directors declared a quarterly cash dividend for fiscal 2025 of $0.50 per share.
The company did not provide specific forward guidance in this report.
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