Westbury, NY-based Nathan's Famous has reported a net loss of US$11.99m, or US$1.89 per basic and diluted share, for its Q1 2003 ended 30 June, as compared to net income of US$962,000, or US$0.14 per basic and diluted share, in the comparable prior period. The company explained that it adopted SFAS No. 142, "Accounting for Goodwill and Other Intangibles" in its Q1 period. Q1 earnings before cumulative effect of this change in accounting principle were US$346,000, or US$0.05 per share, compared to US$962,000, or US$0.14 per share, year on year. Operating income for the Q1 2003 was US$587,000, compared to US$1.67m for the Q1 2002.
USA: Nathan's Famous sees income turn to loss in Q1 2003
Get full access to all content, just $1 for 30 days

just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 21 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- Will Danone 2021 predictions placate critics?
- China becomes Nestle's problem child
- Dairy groups aiming to milk dairy-free
- St Pierre Groupe's Paul Baker – interview
- Big Food's VC-style funds: the investments so far
News
- Nestle adds to D2C offering with UK deal
- Ex-Unilever CEO Polman to join veggie firm's board
- Oatly makes IPO announcement
- PepsiCo quits snacks joint venture
- Deal sees Danone add to plant-based offering
Market research
- Meal Kits (Prepared Meals) Market in the United Kingdom - Outlook to 2023: Market Size, Growth and Forecast Analytics
- RCL Foods Ltd (RCL) - Financial and Strategic SWOT Analysis Review
- Soups in the United States
- Bangladesh In-depth PEST Insights
- PT Indofood Sukses Makmur Tbk - Strategy, SWOT and Corporate Finance Report
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
