Earnings ·
J&J Snack Foods Corp. reported fiscal third quarter results for the period ended June 27, 2026
JJSFJ&J Snack Foods Corp
J&J Snack Foods Corp. reported fiscal third quarter results for the period ended June 27, 2026. Net sales decreased 6.2% to $426.0 million, driven by anticipated reductions in bakery business and lower machine and service sales in the Frozen Beverage segment. Gross profit rose slightly to $151.0 million as gross margin expanded 240 basis points to 35.5%. Operating income fell to $46.3 million from $60.6 million, while adjusted operating income was $48.1 million. Net earnings were $35.3 million, or $1.88 per diluted share, compared to $44.2 million and $2.26 per share in the prior year period which included a $9.1 million non-recurring gain from insurance proceeds. The company repurchased 135,852 shares for $10 million during the quarter. J&J Snack Foods Corp. operates in the snack food and frozen beverage industry, manufacturing and distributing brands such as ICEE, SLUSH PUPPIE, Dippin' Dots, and SUPERPRETZEL.