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Last €47.78 EUR
Change Today -0.56 / -1.17%
Volume 0.0
NFA On Other Exchanges
As of 3:15 AM 02/5/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

One Jericho Plaza

Second Floor - Wing A

Jericho, NY 11753

United States

Phone: 516-338-8500

Fax: 516-338-7220

ch 29, 2015, the Branded Product Program distributed product in all 50 states, the District of Columbia, Puerto Rico, Canada, the U.S. Virgin Islands, Guam, and Mexico. Nathan’s World Famous Beef Hot Dogs are being offered in national restaurant chains, such as Auntie Anne’s and Cheesecake Factory; national movie theater chains, such as Regal Entertainment and National Amusements; casino hotels, such as Foxwoods Casino in Connecticut; and convenience store chains, such as Speedway and Race Trac. The Branded Products Program also continued its representation in professional sports arenas with Nathan’s World Famous Beef Hot Dogs being served in stadiums and arenas that host the New York Yankees, New York Mets, Brooklyn Nets, New Jersey Devils and Dallas Cowboys. Additionally, the company’s products are offered in various other foodservice operations, including cafeterias, snack bars and vending machines located in different types of outlets and venues, including airports, highway travel plazas, colleges and universities, gas and convenience stores, military installations and Veteran’s Administration hospitals throughout the country. Expansion Program As a result of the company’s partnership with John Morrell & Co., a subsidiary of Smithfield Foods, Inc., the company expects Nathan’s Famous products to further penetrate the grocery, mass merchandising and club channels by expanding points of distribution in targeted, underpenetrated regions and through the development of new products. Licensing Program Commencing March 2014, John Morrell & Co. replaced SMG, Inc. as the company’s primary licensee. Pursuant to the agreement, John Morrell & Co., for a term of 18 years has been granted, among other things, the exclusive right and obligation to manufacture, distribute, market and sell ‘Nathan’s Famous’ branded hot dog, sausage and corned beef products in refrigerated consumer packages to be resold through retail channels (supermarkets, groceries, mass merchandisers and club stores) within the United States; a right of first offer to license any other ‘Nathan’s Famous’ branded refrigerated meat products in consumer packages to be resold through retail channels within the United States, on terms to be negotiated in good faith; the right and obligation to manufacture ‘Nathan’s Famous’ branded hot dog and sausage products in bulk for use in the food service industry within the United States; and the non-exclusive right and obligation to supply ‘Nathan’s Famous’ natural casing and skinless hot dogs in bulk for use in the ‘Nathan’s Famous’ restaurant system within the United States. The company licenses the manufacture of the proprietary spices, which are used to produce Nathan’s World Famous Beef Hot Dogs to Saratoga Specialties. During the year ended March 29, 2015, the company’s licensee, ConAgra Foods Lamb Weston, Inc., continued to produce and distribute Nathan’s Famous frozen French fries and onion rings for retail sale pursuant to a license agreement. These products were distributed within 36 states, primarily on the East Coast and in the South-West and West Coast during 2014. ConAgra Foods Lamb Weston, Inc. continues to seek to further expand its market penetration in the Eastern United States and in the Mid-West. The company also has licensing agreements with Hermann Pickle Packers, Inc.; Gold Pure Food Products Co., Inc.; and others. These companies licensed the ‘Nathan’s Famous’ or ‘Arthur Treacher’s’ name for the manufacture and sale of various products, including mustard, salsa, sauerkraut, and pickles. These products have been distributed on a limited basis. Provisions and Supplies Effective March 2014, Nathan’s World Famous Beef Hot Dogs had been primarily manufactured by John Morrell & Co. for sale by the company’s Branded Product Program and at retail. The company’s branded products are delivered to its customers throughout the country by various distributors, including US Foodservice, Inc.; SYSCO Corporation; Vistar/PFG; and McLane. Government Regulation The company is subject to Federal Trade Commission regulation and various states’ laws that regulate the offer and sale of franchises


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