It’s been a wild time to invest in restaurant companies, with the market showing extremes of appetite. , who took a small Chinese state-owned meat processing plant and expanded it into a multinational company with more than $24 billion in annual sales. Here are the numbers behind the gastrointestinal glory. But it’s Fourth of July marketing magic. Holly Pickett | Bloomberg via Getty Images, stream of publicly traded companies to announce plans to return the loan money. On April 12, the company shuttered the facility indefinitely; as reports of coronavirus cases at the plant continued to rise, the company also announced the closure of two facilities in Wisconsin and Missouri on April 15. Brand New. C $35.58 to C $195.74. Made-to-Order in U.S.A. Smithfield Foods, the world’s largest pork processor and hog producer, has been making headlines for shutting down plants in three states after a rash of coronavirus cases hit its Sioux Falls, South Dakota operation. Nathan's Famous said it received a $1.2 million loan under the Paycheck Protection Program (PPP). B-RATED STOCKS are those stocks our Big Data multi-factor models score as moderately probable to rise in price. The total cluster of 733 cases makes up more than half of the state’s total coronavirus cases, which stands at 1,311, according to the South Dakota Department of Health. The company says it filed before new guidance from the government that public companies should not request loans. “Let's be perfectly clear: a shelter-in-place order would NOT have prevented Smithfield from happening. In 2013, WH Group (formerly known as Shuanghui International Holdings) purchased Smithfield for $4.7 billion; including debt, the deal valued the firm at $7.1 billion, then the largest acquisition of a U.S. company by a Chinese business. DraftKings lead oddsmaker Johnny Avello gives us the art and the science of handicapping gluttony. They are part of the nation's food supply chain and contribute to South Dakota's role feeding the country and the world,” Noem tweeted on April 15. or Best Offer. These stocks are the best “BUYS” for investors. The company's primary manufacturer is Smithfield Foods, which has had to shut plants due to outbreaks among employees. You may opt-out by, Smithfield Foods, the world’s largest pork processor and hog producer, has been making headlines for shutting down plants in three states after a rash of coronavirus cases hit its Sioux Falls, South Dakota operation. Artist Chris Kappmeier's "Iconic New York" series paints a unique Big Apple architectural story amid the COVID-19 pandemic. Any data, information, or opinions presented by Quantalytics are for general information purposes only. Coney Island will host the 100th anniversary edition of the Nathan's Famous Hot Dog Eating Contest. Any data, information, or opinions in Quantalytics in any form attributed to a third party represent Quantalytics’ interpretation of the data, information, or opinions provided by that third party either publicly or through a subscription service, and such use and interpretation have not been reviewed by the third party. Such data, information, or opinions are not an offer to sell or to buy, or a solicitation to buy or sell any securities. In 1916, Polish immigrant Nathan Handwerker started a nickel hot dog stand on Coney Island with a $300 loan from two friends and his wife’s secret spice recipe. Nathan’s Famous said Monday that its primary manufacturer of hot dogs … Here some of the key statistics, attendance numbers and financial figures around the annual Nathan's Famous International Hot Dog Eating Contest. "Operations at our company-owned restaurants and our franchisees' restaurants have been disrupted," the company said in the filing. Get this delivered to your inbox, and more info about our products and services. that she has been in communication with Vice President Mike Pence and Smithfield’s CEO, and a team from the Centers for Disease Control and Prevention has arrived to help assess the situation. This article is by Allan Chernoff, principal of Chernoff Communications and former senior correspondent for CNN and CNBC. Nathan's has a market cap of more than $250 million and sold over 700 million hot dogs last year, according to the company's website. A Division of NBCUniversal. The data, information and opinions presented have been obtained or derived from sources believed by Quantalytics to be reliable. It’s disgusting, downright repulsive, dangerous, and without question extremely unhealthy; indeed, frequent practice could lead to serious disease. Any forward looking estimates presented by Quantalytics may prove to be incorrect and not be realized. What has the restaurant industry learned from the pandemic? Consequently, any such data, information, or opinions do not in any way represent a personal recommendation to any individual investor or any entities, whatever the type. Q.ai, LLC is a wholly owned subsidiary of Quantalytics Holdings, LLC (“Quantalytics”). These stocks are the best “SHORTS” for investors. Email me at jwang@forbes.com, © 2020 Forbes Media LLC. Nathan's Famous was founded by Nathan Handwerker in 1916 and is headquartered in Jericho, NY. Nathan’s Famous International Hot Dog Eating Contest was held on Saturday, keeping a stomach-churning July Fourth tradition alive and feeding a sports-starved nation. Pre-Owned. The Republican governor added that she has been in communication with Vice President Mike Pence and Smithfield’s CEO, and a team from the Centers for Disease Control and Prevention has arrived to help assess the situation. Any data, information, or opinions expressed in any form may change without notice. His son, Wan Hongjian, is now the deputy chairman and vice president of the group. All Rights Reserved. “As a leading global food and protein company, WH Group is committed to continuously providing safe, nutritious and delicious food to its consumers. Quantalytics is not a registered investment adviser, brokerage firm, or investment company. Top Rated Seller Top Rated Seller. While these stocks are ranked ATTRACTIVE, we believe the best buys for long positions are TOP BUYS which are A-rated stocks. Less well known: its Chinese billionaire owner. A person wearing a protective mask arrives to pick up food at a Nathan's Famous restaurant near the Coney Island Boardwalk in the Brooklyn borough of New York, on Monday, April 20, 2020. Use Forbes logos and quotes in your marketing. A-RATED STOCKS are those stocks the Big Data multi-factor models score as most probable to rise in price. Less well known: its Chinese billionaire owner Wan Long, who took a small Chinese state-owned meat processing plant and expanded it into a multinational company with more than $24 billion in annual sales. Got a confidential news tip? Nothing discussed or presented in Quantalytics constitutes a representation that any investment, investment strategy, or recommendation is suitable or appropriate to an investor's individual circumstances or otherwise constitutes a personal recommendation. The majority of our franchised locations have been temporarily closed.". South Dakota is one of the few states that has not instituted a shelter-in-place order, a decision that Governor Kristi Noem defended. From United States Customs services and international tracking provided. Hot dog and restaurant company Nathan's Famous said it received a $1.2 million loan under the Paycheck Protection Program (PPP), according to an SEC filing. For one day every year, the spotlight shines bright on Major League Eating. The first signs of trouble emerged at Smithfield Food on April 9, when it announced that it would suspend operations at its Sioux Falls facility for three days. Wan joined Henan Luohe Meat Products Processing United Factory — then a state-owned entity — in 1968, and eventually grew the business into WH Group. Today, Nathan’s is the most famous hot dog in the world, with restaurants across the globe, products in every supermarket in America and millions of fans. Nathan's Hot Dogs food stand Canvas Wall Art Print, Photography Home Decor. Top Rated Seller Top Rated Seller. They are a critical infrastructure business.

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