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.

J&J Snack Foods Corp. entered into Amendment No. 2 to its Second Amended and Restated Credit Agreement on June 5, 2026. The amendment extends the revolving credit facility maturity date to June 5, 2031, and provides an option to increase the facility size by up to the greater of $200,000,000 or the company's Consolidated EBITDA. The amendment raises the maximum permitted Consolidated Net Leverage Ratio from 3.00:1.00 to 3.50:1.00, with potential increases to 4.00:1.00 following certain acquisitions. Additionally, the threshold for cross-default triggers and judgments was increased from $10,000,000 to $30,000,000. Separately, Senior Vice President, General Counsel & Secretary Michael A. Pollner resigned effective June 30, 2026. J&J Snack Foods Corp. is a food manufacturer specializing in snack products.