Earnings:Nathan's Famous reports dip in profits
Nathan's Famous Inc., Jericho
Fast food, hot dogs
Year: Ended March 28
Net income: Profit of $791,000, compared with profit of $944,000 in the previous year.
Net revenue: $10,524,000, compared with $10,039,000 the previous year.
Company statement: Year-to-year income was affected by an impairment charge of $250,000 in the final quarter of fiscal 2010. Year-to-year comparative income was also affected by gains in 2009 of $3.9 million from the sale of former subsidiaries NF Roasters and Miami Subs.
'I've never seen fire sitting on the water' Three Newsday photographers talk to NewsdayTV's Macy Egeland about covering the tragic crash of TWA Flight 800 in 1996.
'I've never seen fire sitting on the water' Three Newsday photographers talk to NewsdayTV's Macy Egeland about covering the tragic crash of TWA Flight 800 in 1996.
