NATH

A major event was the announcement on January 21, 2026, that Smithfield Foods had agreed to acquire Nathan's Famous in a $450 million all-cash transaction, anticipated to be finalized in the first half of 2026. Prior to this, Nathan's Famous stock experienced a 9.8% decline in the three months leading up to December 22, 2025. On April 30, 2026, the company launched new 100% Grass-Fed Beef Franks.