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Stock impact report

How Nathan's Famous turned competitive eating into a national spectacle [CNN]

Nathan's Famous, Inc. (NATH) 
Company Research Source: CNN
“I think people want to know how many hot dogs a human can eat in that amount of time.” Lewis, now 26, told CNN on a warm June day while eating miniature corn dogs (at a leisurely pace) outside of the original Nathan's location in Coney Island. “I think they want to know.” Lewis and her family aren't the only ones who want to see how many franks competitors can scarf down in 10 minutes. Each year, close to two million people watch Nathan's hot dog eating contest on ESPN, according to the frankfurter brand . Tens of thousands of spectators come out to Brooklyn's Coney Island to watch the event in person. Competitors train for months in advance , preparing their bodies to consume thousands of calories in just a few minutes. When it was announced recently that reigning champion Joey Chestnut was barred from competing this year over his deal with Impossible Foods – a plant-based meat company – it made national headlines. Nathan's, and the marketing visionaries behind the annual event Show less Read more
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