Nathan's Famous swings back to profit
Nathan's Famous Inc. on Friday reported fiscal third-quarter net income of $9.7 million, after reporting a loss in the same period a year earlier.
The Jericho company said it had profit of $2.30 per share. Earnings, adjusted for nonrecurring gains, were 44 cents per share.
The hot dog chain posted revenue of $20.2 million in the period.
Nathan's shares were up more than 5 percent to $71.12 in morning trading. The stock was trading at $71.55 12 months ago; it briefly traded over $100 during July.
Rex Heuermann in court today ... Lake Success EMS project ... Greenport bulkhead repair ... More kids missing school
Rex Heuermann in court today ... Lake Success EMS project ... Greenport bulkhead repair ... More kids missing school