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.
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