NATH

A significant stock event is the pending acquisition by Smithfield Foods for $450 million ($102 per share), announced on January 21, 2026, which would take the company private. This deal, initially expected to close in the first half of 2026, is now delayed to the second half. The stock price jumped post-announcement and has since traded narrowly. Other events include declining profitability in fiscal year 2026 and Q1 2027, with diluted EPS decreasing due to substantial increases in beef and beef trimming costs (19% in fiscal 2026, 22% in Q1 2027) and weakness in restaurant operations. Nathan's Famous also declared quarterly dividends of $0.50 for June 30, 2026, and an estimated $0.50 for December 4, 2026.