Nathan's Famous Stock Soars 58.99% on Smithfield's Sales Surge

Nathan's Famous's stock surged 58.99% in pre-market trading on April 30, 2025, marking a significant rise in its share price.

Smithfield Foods, the parent company of Nathan's Famous, reported a 9.5% increase in total sales to $3.77 billion for the quarter. The company's adjusted profit from continuing operations was 58 cents per share, driven by strong demand for its packaged meats, including brands like Eckrich and Nathan's Famous.

Smithfield Foods has shifted its focus towards selling packaged meats rather than producing hogs, which has contributed to its recent financial success. This strategic move has helped the company capitalize on the growing demand for convenient and high-quality meat products.

Despite the strong performance in the U.S. market, Smithfield Foods has faced challenges in China due to retaliatory tariffs, making it an unviable market for the company. This has led Smithfield to concentrate more on domestic and other international markets where it can achieve better profitability.