Nathans Famous, INC.

• Palm Valley Capital Beggar Thy Enabler ↗ Palm Valley Capital Fund argues that Federal Reserve easing transfers wealth toward asset holders while worsening housing affordability, fiscal burdens, and commercial real-estate risk. The fund kept roughly 81.5% in cash equivalents, bought Helen of Troy, and sold John Wiley & Sons, Nathan’s Famous, and Equity Commonwealth. It maintains positions in staffing businesses despite a prolonged labor-demand slump. Third Quarter 2024 DOX $6.1BHELE $640MLSDAF $1.1B +3

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