Get the latest news, insights, and market updates on NATH (Nathan's Famous, Inc.). Explore the news page 2 on MyTopStock.com for investor discussions, analysis, and real-time stock performance coverage.
Jamie Dimon talks Trump, pending home sales plunge, Nathan's deal
Yahoo Finance's John Hyland examines some of the top stories investors are watching on Wednesday in this Market Minute, including US pending home sales falling, JPMorgan (JPM) CEO Jamie Dimon's comments on President Trump's proposed credit card interest rate caps, and Smithfield Foods (SFD) buying Nathan's Famous (NATH). Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Jan 21, 2026 - $NATH
Hot-diggity-dog: Smithfield Foods acquires iconic Nathan's Famous
<body><p>STORY: The most iconic hot dog brand in U.S. history will soon have a new owner.</p><p>The century-old Nathan's Famous is being gobbled up by Smithfield Foods in a deal valued at $450 million.</p><p>That's according to Smithfield, which will pay $102 a share, a nearly 10% premium to Nathan's close on Tuesday.</p><p>Nathan's stock jumped another 9% on Wednesday after the deal was announced.</p><p>Shares of Smithfield, a majority-owned subsidiary of Chinese company WH Group, rose about 2%. </p><p>Smithfield already holds an exclusive license to manufacture and sell Nathan's products in the U.S. and Canada and at Sam's Club stores in Mexico.</p><p>Nathan's Famous began as a hot dog stand in 1916, founded by immigrant Nathan Handwerker with $300 borrowed from entertainers Jimmy Durante and Eddie Cantor.</p><p>It initially sold hot dogs for 5 cents a piece.</p><p>The brand later expanded nationwide under the leadership of Handwerker's son, Murray.</p><p>Nathan's is known for its annual July 4th hot dog-eating contest in Coney Island, where winners are awarded a "mustard belt" for eating the most hot dogs.</p><p>Last year, winner Joey Chestnut - now a 17-time champ - devoured 70.5 hot dogs and buns in 10 minutes, according to the company's website.</p><p>The deal is expected to close in the first half of this year.</p></body> Jan 21, 2026 - $NATH
Smithfield Foods to Acquire Iconic Hot Dog Brand Nathan’s Famous
Secures Rights to Sell and Market Iconic All-Beef Hot Dog Brand into PerpetuityStrengthens Ability to Grow Nathan’s Famous Brand Across Retail and Foodservice ChannelsTransaction Immediately Accretive SMITHFIELD, Va., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (Nasdaq: SFD) (“Smithfield Foods” or “Smithfield”), an American food company and an industry leader in value-added packaged meats and fresh pork, and Nathan’s Famous, Inc. (Nasdaq: NATH) (“Nathan’s Famous”), today announced t Jan 21, 2026 - $NATH
Nathan’s Famous stock soars on Smithfield Foods’ $102 per share buyout offer
Investing.com -- Nathans Famous Inc (NASDAQ:NATH) stock jumped 9.6% in premarket trading Wednesday after Smithfield Foods Inc (NASDAQ:SFD) announced plans to acquire the iconic hot dog brand for $102.00 per share in an all-cash transaction. Jan 21, 2026 - $NATH
Iconic Coney Island hot dog hawker Nathan's Famous is sold for $450 million
Nathan’s Famous, which opened as a 5-cent hot dog stand in Coney Island more than a century ago, has been sold to packaged meat giant Smithfield Foods in an all-cash $450 million deal, the companies announced Wednesday. Smithfield, which has held rights to produce and sell Nathan’s products in the U.S. and Canada and at Sam's Clubs in Mexico since 2014, will acquire all of Nathan's outstanding shares for $102 each. Nathan's sales costs of branded products rose 27% compared with last year in its most recent quarter, the company said in a filing with the U.S. Securities and Exchange Commission. Jan 21, 2026 - $NATH
Smithfield Foods to Buy Nathan’s Famous
Smithfield Foods has agreed to acquire hot dog brand Nathan’s Famous for $102 a share in a deal with a total enterprise value of $450 million. Jan 21, 2026 - $NATH
Smithfield Foods Beefs Up With Purchase of Nathan’s Famous
Smithfield Foods has agreed to buy hot dog brand Nathan’s Famous in an all-cash deal worth $450 million. Shares of Smithfield Foods the country’s largest pork processor, rose 0.7%. Founded as a Coney Island hot dog stand in 1916 by Jewish immigrants, Nathan’s sells its beef franks at more than 200 company-owned and franchised restaurants, and tens of thousands of retail locations, theme parks, and arenas. Jan 21, 2026 - $NATH
These Stocks Drive This Year's 20% Restaurant Industry Surge
The restaurant industry is having a blockbuster start to 2026. The 27-stock industry group is collectively up close to 20% since the start of the year, according to MarketSurge. This year's rally makes restaurants the sixth-fastest moving industry group out of the 197 groups tracked by IBD. Jan 21, 2026 - $NATH
We use cookies and similar technologies to collect and process data such as browsing activity or unique identifiers.
Selecting "Allow All" to help us understand site usage and improve the platform.
Choosing "Essential Cookies Only" enables only the cookies necessary for core site functions, such as staying logged in.
For more information, please see our Privacy Policy.
Continue with Google
Continue with Facebook
Continue with Microsoft
Continue with Apple