J&J Snack Foods Earnings Reports

J&J Snack Foods reported a decrease in net sales by 1.0% to $356.1 million and a significant drop in net earnings by 64% to $4.8 million for the second quarter of fiscal 2025, compared to the prior year. This decline was mainly driven by lower volumes in Frozen Beverage and Food Service, foreign exchange headwinds, and continued cost inflation.

J&J Snack Foods reported a 4.1% increase in revenue to $362.6 million for the first quarter of fiscal year 2025. While all three business segments contributed to the growth, the company's performance was impacted by a less favorable sales mix and input cost inflation.

J&J Snack Foods reported a decrease in net sales by 3.9% to $426.8 million for the fourth quarter of fiscal year 2024, but on a normalized basis, sales increased by 3.9%. The company's gross margin was 31.8%, a 110-basis point decline compared to the previous year. Despite these challenges, net earnings as a percentage of sales remained in line with the prior year, reflecting the company's success in managing costs and improving operating efficiencies.

J&J Snack Foods reported record fiscal third quarter revenue of $440.0 million. Gross margin was 33.6%, leading to net earnings of $36.3 million, and EPS of $1.87 and adjusted EPS of $1.98.

J&J Snack Foods reported a strong second quarter with record revenue of $359.7 million, driven by higher volumes and new business in Food Service and Retail. Gross margin improved by 330 basis points to 30.1%, leading to significant growth in adjusted operating income, adjusted EBITDA, net earnings, and EPS.

J&J Snack Foods reported a slight decrease in net sales by 0.9% to $348.3 million, but net earnings increased by 9.8%. The company managed a softer consumer environment through gross margin expansion and strategic investments, resulting in higher adjusted operating income and adjusted EBITDA.

J&J Snack Foods reported a strong Q4 2023 with record sales of $443.9 million, a 10.8% increase year-over-year. The company saw growth in all three business segments: Food Service, Retail, and Frozen Beverages. Profitability also increased, driven by improved gross margins and lower distribution expenses.

J&J Snack Foods Corp. reported a record third quarter with net sales increasing by 12.0% to $425.8 million. This growth was driven by strong performance across all three business segments, particularly Food Services and Frozen Beverages. The company's operating income grew by 127.2%, and net earnings increased by 124.8% due to improved gross margins and lower distribution expenses.

J&J Snack Foods Corp. reported a strong second quarter with record revenue of $337.9 million, driven by strong demand across all three business segments. Net earnings were $6.9 million, with an EPS of $0.36 and an adjusted EPS of $0.43. The company benefited from improved unit volumes and price increases, leading to a 20.0% increase in net sales.

J&J Snack Foods Corp. reported a 10.3% increase in net sales to $351.3 million for the first quarter of fiscal 2023. The company experienced growth across all three business segments, driven by core products like pretzels, churros, frozen novelties, and frozen beverages. However, inflationary pressures and a softening consumer environment impacted bottom-line results, leading to a decrease in net earnings and operating income compared to the prior year period.

J&J Snack Foods reported a 23.9% increase in net sales for the fourth quarter, reaching a record $400.4 million. This growth was driven by strong performance across all three business segments. Despite the revenue increase, operating income and net earnings decreased due to historically high inflation pressures.

J&J Snack Foods reported strong Q3 results with record quarterly sales of $380.2 million, driven by growth in core products and strength across all three business segments. Gross margin was 28.7%.

J&J Snack Foods reported a 10% increase in net sales to $281.5 million for the second quarter of fiscal 2022. Sales were driven by growth in core products including pretzels, churros and frozen beverages. The company faced challenges related to the implementation of a new ERP system and significant inflationary pressures, which impacted operating income.

J&J Snack Foods reported a strong first quarter with net sales increasing by 32% to $318.5 million and EPS of $0.58, driven by positive consumer trends and healthy demand for core products.

J&J Snack Foods Corp. reported a strong fourth quarter with a 28% increase in net sales to $323.1 million and a 187% increase in net earnings to $18.9 million. The company exceeded pre-Covid sales levels, driven by growth in the Food Service and Retail segments. Margin pressures from rising supply chain costs were noted, but pricing actions and cost savings initiatives are expected to improve margins.

J&J Snack Foods Corp. announced a 51% increase in sales, reaching $324.3 million compared to $214.6 million in the same quarter last year. Net earnings were $28.9 million, a significant improvement from the $12.6 million loss in the previous year. Operating income also saw a substantial increase, rising to $38.1 million from a $19.4 million loss last year.

J&J Snack Foods reported a 6% decrease in sales to $256.2 million and a decrease in net earnings to $6.1 million for the second quarter ended March 27th, 2021. The company saw improvements in sales throughout the quarter due to venue openings and increased consumer confidence.

J&J Snack Foods reported a decrease in sales by 15% to $241 million and a decrease in net earnings to $1.8 million for the first quarter ended December 26, 2020, compared to the same period last year. The company's performance was impacted by the lingering effects of COVID-19 on foodservice venues, though there was improvement compared to the previous quarter. The company maintains a strong balance sheet with $285 million in cash and marketable securities.

J&J Snack Foods Corp. reported a 19% decrease in sales for the fourth quarter of 2020, amounting to $252.5 million compared to $311.9 million in the previous year. Net earnings also decreased to $6.6 million ($.35 per diluted share) from $26.1 million ($1.36 per diluted share) in the same quarter last year. Operating income was $3.9 million, down from $31.1 million in the previous year's quarter.

J&J Snack Foods experienced a challenging third quarter, with sales decreasing by 34% to $214.6 million and a net loss of $12.6 million, compared to the previous year's net earnings of $30.9 million. The company's performance was significantly impacted by COVID-19, which led to shutdowns and curtailed foodservice operations.

J&J Snack Foods reported a decrease in sales and earnings for the second quarter ended March 28, 2020, primarily due to the impact of COVID-19. Sales decreased by 2% to $272.0 million, and net earnings decreased by 64% to $7.3 million.

J&J Snack Foods Corp. announced a 4% increase in sales, reaching $282.9 million, but net earnings decreased to $17.1 million. Earnings per diluted share decreased to $0.89. Operating income also decreased by 2% to $21.7 million, impacted by costs related to the ICEE company's headquarters relocation.