NATHANS FAMOUS INC (NATH:NASDAQ) Close

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It began as a nickel hot dog stand in Coney Island in 1916 and grew to become the much-loved New York institution now available throughout the United States and overseas. Nathan's Famous recently entered a dynamic new stage, evolving from a company that owned and operated restaurants to a company that owns and markets brands.

For the majority of its 84 years, Nathan's focused on the sale of its products through fast-food restaurants. Recently, however, the company has implemented an aggressive strategy to expand the reach of its brand by diversifying product offerings and adopting an expanding points-of-distribution program.