Bloomberg Business reports that Nathan's Famous has sold $135 million of junk bonds. The bulk of the proceeds ($116 million) will be used to pay a dividend to shareholders. update March 3 Crain's New York Business reports that developer Howard Lorber, owner of a 22% stake in the company, will receive approximately $25 million from the dividend.

February 27, 2015 at 5:10 pm by ojrifkin · More posts about:Business, Nathan's Hot Dog Contest, New York City | Permalink * Comments (25)

25 Comments »

  1. Don Moses Lerman said

    February 27, 2015 @ 6:57 pm

    Nathans Natural casting hot dogs now has been cut from 6 hot dogs in a package to 5 in a package (the ones for sale in supermarkets)

  2. anonymous said

    February 27, 2015 @ 10:12 pm

    Who cares?

  3. anonymous said

    February 28, 2015 @ 12:08 am

    Thanks Don. I wondered why the product had been pulled from its product locator. I called them a few days earlier, and they haven’t called back at all.

    Nathans also is phasing out the Bigger Than The Bun Hot Dog, which comes in a 14 oz. package of 8 dogs, with each one being 6.5″ long. They are assigning its UPC to their Bun Size Hot Dog package, which comes in a 12. oz. pack of 8 dogs, with each one being 5.5″ long. So, the consumer is getting 2 oz. less for the same price! This is outrageous. I am going to call them and complain.

    Don, where do you buy the Natural Casing ones?

  4. Don Moses Lerman said

    February 28, 2015 @ 4:29 am

    shop rite … south oyster bay road, stop and shop (all stores)

  5. anonymous said

    February 28, 2015 @ 9:41 am

    Depending where you live, you can buy then by the dozen at any Nathan’s restaurant. Then you know you are getting the real thing.

  6. anonymous said

    February 28, 2015 @ 8:36 pm

    Thanks Don. You are a good man!

    And thanks to 9:41. I appreciate the advice.

  7. anonymous said

    February 28, 2015 @ 8:55 pm

    Keep stuffing your face with hot dogs and you might end up like him
    http://nypost.com/2015/02/28/anthony-mason-dead-at-48/

  8. anonymous said

    March 2, 2015 @ 6:22 pm

    I called a Nathan’s restaurant and they said they do not sell them by the dozen, at least not the Nathan’s in that area. You would have to buy them individually, cooked.

  9. anonymous said

    March 2, 2015 @ 6:52 pm

    Nathan’s has updated their online store to sell natural casing hot dogs at five per a pack, instead of six:

    http://shop.nathansfamous.com/3pack-original-recipe-all-beef-franks-with-natural-casing3.html

    However, they still have the old picture showing six per pack, and they list them as five hot dogs per 12 ounces. If this is not a mistake, this means that the natural casing hot dogs have increased in size from 2.0 oz. to 2.4 oz. each. This does not make sense. The new package must be 10 oz., not 12.

  10. anonymous said

    March 2, 2015 @ 6:59 pm

    I saw the new 5 dog pack in the supermarket. The total weight is 10oz not 12. Price is the same, around $5.50.

  11. Anonymous said

    March 2, 2015 @ 7:00 pm

    They cut them to 5 Don so Seiken only has to buy 2 packs for his practice run.

  12. anonymous said

    March 2, 2015 @ 7:10 pm

    The larger restaurants will sell you uncooked dogs by the lb or doz. Try Coney Island or Oceanside LI. The smaller rest stop places won’t.

  13. anonymous said

    March 2, 2015 @ 9:07 pm

    The natural casing dogs should be sold 7 in pack no more than $3 per pack . Anything higher in price is ripoff. Nathan’s coney is best deal. $6 lb you get 12 natural case dogs. Buns 12 pack o think is $2.99

  14. anonymous said

    March 2, 2015 @ 11:43 pm

    Kobayashi only practice with bigger than bun

  15. anonymous said

    March 3, 2015 @ 12:29 am

    6:59: “I saw the new 5 dog pack in the supermarket. The total weight is 10oz not 12. Price is the same, around $5.50.”

    Perfect! Thanks 6:59. I will email Nathan’s to update their website!

    ———–

    7:10: “The larger restaurants will sell you uncooked dogs by the lb or doz. Try Coney Island or Oceanside LI. The smaller rest stop places won’t.”

    Ok, good idea. I had tried only casinos that had Nathan’s in the food court. I’ll look into real Nathan’s restaurants.

    ———–

    9:07: “The natural casing dogs should be sold 7 in pack no more than $3 per pack . Anything higher in price is ripoff. Nathan’s coney is best deal. $6 lb you get 12 natural case dogs. Buns 12 pack o think is $2.99”

    That’s a fabulous deal. Other than Costco, the only ones I am finding are like $0.80 to $1.00 per hot dog, which is way too much.

    ———–

    11:43: “Kobayashi only practice with bigger than bun”:

    Thanks for the tip 11:43. I think Nathan’s is phasing that size out though. Plus, that one doesn’t have a natural casing. But that is a good idea to try for non-Nathan’s contests.

  16. capn brian said (Registered November 17, 2010)

    March 3, 2015 @ 8:53 am

    the bigger-than-the-bun dogs were already cut from 57g to like 42g a couple years ago. sucks that nathan’s is failing, but screwing your customers over is not the way to get your books back in the black.

  17. anonymous said

    March 3, 2015 @ 10:25 am

    Another option is to practice with Sabrette natural casing dogs as long as they are the 2oz variety and taste much better than that Nathan’s crap.

  18. anonymous said

    March 3, 2015 @ 12:00 pm

    Sabrette is very good and sometimes they are on sale 2 packs for $6 Would never pay $5.50 for nathans natural casing especially after they minus 2 dogs from original 7

  19. anonymous said

    March 3, 2015 @ 12:00 pm

    I will look into that 10:25 aka Rich Shea

  20. anonymous said

    March 3, 2015 @ 1:05 pm

    Sabrette has a hint of hickory flavor that is very good when grilled.

  21. Anonymous said

    March 3, 2015 @ 2:20 pm

    Haven’t you all learned enough from the Dr Smelkin blog on good eattin? They are all bad for you.

  22. anonymous said

    March 3, 2015 @ 5:05 pm

    Thanks for all the info on Sabrett. I would very much like to try them. Unfortunately, they are only available on the east coast and parts of the south, according to their website:

    http://sabrett.com/retail.cfm

  23. anonymous said

    March 3, 2015 @ 5:21 pm

    “the bigger-than-the-bun dogs were already cut from 57g to like 42g a couple years ago. sucks that nathan’s is failing, but screwing your customers over is not the way to get your books back in the black.”

    Thanks capn brian for that info. I only know about Bigger-Than-The-Bun because it was the one remaining package that they had at a local grocery store here the other week It stated the hot dogs were 50 g (or 1.75 oz.). It was mixed in with tons of Bun-Length packs (43 g or 1.5 oz. per each hot dog). But both packs had the same UPC, so that’s how I knew they shrunk the size.

  24. capn brian said (Registered November 17, 2010)

    March 5, 2015 @ 8:46 am

    yeah, and the only reason it matters to me is the contest dogs are 57g or 8 to a pound, so it doesn’t make sense to practice with a smaller dog, you end up throwing your numbers off. maybe similar to the hollowed out dogs they give the pros lol.

  25. anonymous said

    March 5, 2015 @ 9:58 am

    Chestnuts dogs in Coney are special order cooked to perfection and possibly hollowed out to inflate the totals

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