Nathan's Famous, Inc. Reports Year-End And Fourth Quarter Results

JERICHO, N.Y., June 13, 2014 /PRNewswire/ -- Nathan's Famous, Inc.(NASDAQ: NATH) today reported results for its fiscal year and fiscal quarter ended March 30, 2014.

For the fiscal year ended March 30, 2014:

• Revenues increased by 15.9% to $82,927,000, as compared to$71,543,000 during the fifty-three weeks ended March 31, 2013;
• Net income increased by 11.5% to $8,327,000 as compared to$7,468,000 for the fifty-three weeks ended March 31, 2013; and
• Earnings per diluted share increased by 11.0% to $1.81 as compared to $1.63 for the fifty-three weeks ended March 31, 2013.

For the fourth quarter ended March 30, 2014:

• Revenues increased by 15.7% to $17,331,000, as compared to$14,976,000 during the fourteen weeks ended March 31, 2013;
• Net income was $1,218,000 as compared to $1,555,000 for the fourteen weeks ended March 31, 2013; and
• Earnings per diluted share were $0.27 as compared to $0.34 for the fourteen weeks ended March 31, 2013.

Full report.