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Nathan's Famous Inc. Message Board

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  • tigerpac tigerpac Aug 1, 2010 8:29 PM Flag

    Do something with NATH cash

    According to Nathan's annual report, the company realized a gain of $3,656,000 on the sale of NF Roasters (Kenny Rogers) and $3,250,000 on the sale of Miami Subs.

    The doesn't sound like it was unsuccessful.

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    • The point is, these execs are pulling down about 1% of revenue each, total comp. That is a lot of jing if you ask me. Remember, NATH is an extremely small company, only generating a small profit on the core business. The way I look at it is there are 5 guys getting paid handsomely to drive fat rides to plush offices every day and keep a hand on the rudder. BFD, they've bought back a few shares. We'll see, but I'm not too inspired by these guys.

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