J & J Snack Foods

J&J Snack Foods Corp. engages in the manufacturing of nutritional snack foods and distribution of frozen beverages to the food service and retail supermarket industries. It operates through the following segments: Food Service, Retail Supermarkets, and Frozen Beverages. The Food Service segment includes soft pretzels, frozen juice treats and desserts, churros, dough enrobed handheld products, and baked goods. The Retail Supermarkets segment offers soft pretzel products including Superpretzel, frozen juice treats and desserts, including Luigi's real Italian ice, Minute Maid juice bars and soft frozen lemonade, Whole Fruit frozen fruit bars and sorbet, Philly Swirl cups and sticks, ICEE Squeeze-Up Tubes and dough enrobed handheld products including Patio burritos. The Frozen Beverages segment provides frozen beverages to the food service industry primarily under the names ICEE, SLUSH PUPPIE, and PARROT ICE in the United States, Mexico, and Canada, as well as repair and maintenance services. The company was founded by Gerald B. Shreiber on September 27, 1971 and is headquartered in Pennsauken, NJ.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

J&J Snack Foods reports solid Q1 growth amidst profitability challenges

J&J Snack Foods delivered strong top-line growth and improved gross margins in Q1 2023.
While facing challenges in profitability and market dynamics, the company remains focused on growth strategies.
Strategic priorities, product strengths, and operational enhancements position JJSF for long-term success.
With opportunities for efficiency gains and margin improvement, the company is optimistic about future performance.

J&J Snack Foods achieves record sales and margins, eyes growth

J&J Snack Foods delivered exceptional performance in Q2 '23 with record sales and improved gross margins, supported by strategic initiatives and diversified product offerings.
While facing challenges such as inflationary pressures and distribution network rationalization, the company remains confident in its long-term growth prospects and profitability.
Opportunities for achieving 30% gross margins, expanding market presence, and leveraging segment strengths position J&J Snack Foods for continued success and profitability.
Overall, J&J Snack Foods' strategic focus on operational efficiency, product innovation, and market expansion underscores a resilient business model poised for growth.

J&J Snack Foods reports record Q3 earnings, eyes growth opportunities

J&J Snack Foods delivered exceptional financial performance in Q3 2023, driven by revenue growth, improved profitability, and strong segment performance.
While facing challenges such as cost inflation and seasonality, the company remains focused on leveraging opportunities for growth and innovation.
Management's confidence in the company's strategic direction and growth prospects underscores a positive outlook for future performance.

J&J Snack Foods achieves record sales and profitability in FY 2023, eyes $150M growth in 2024

J&J Snack Foods delivered a strong performance in FY 2023, with a focus on operational efficiency, international expansion, and maintaining a healthy balance sheet. The company anticipates continued sales and earnings growth in FY 2024 through strategic investments.

J&J Snack Foods reports mixed Q1 results, eyes growth opportunities

J&J Snack Foods delivered a mixed performance in Q1 2024, with notable growth in Retail and Frozen Beverages segments offsetting challenges in Bakery.
Operational improvements and strong brand performance position the company well for future growth despite cautious consumer behavior and one-time headwinds.
Strategic focus on product promotion, operational efficiency, and market expansion underscore the company's confidence in driving sales and profits in 2024.

J&J Snack Foods reports stellar Q2 results, eyes growth strategies

J&J Snack Foods' Q2 2024 performance showcased robust sales growth, improved margins, and enhanced profitability.
While facing challenges related to rising expenses, the company remains optimistic about its ability to drive growth and deliver value.
With a focus on operational efficiency and strategic initiatives, J&J Snack Foods aims to capitalize on opportunities for sustained success.

J&J Snack Foods reports record Q3 sales amidst operational enhancements

J&J Snack Foods delivered a strong performance in Q3 2024, driven by record net sales and growth in key segments.
While facing challenges in the Frozen Beverage segment, the company capitalized on opportunities for growth and efficiency.
With a focus on operational improvements and succession planning, J&J Snack Foods remains optimistic about its long-term value delivery.
Anticipated recovery in theater attendance and strategic investments position the company well for future success.

J&J Snack Foods achieves record sales and EBITDA growth

Despite challenges in consumer spending, J&J Snack Foods delivered strong financial performance in fiscal 2024, driven by growth in key segments and operational improvements. The company faces challenges in certain product lines but is actively innovating and focusing on marketing strategies. Looking ahead, opportunities for growth in core products and channel expansion are key focus areas for fiscal 2025.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

J&J Snack Foods Corp. engages in the manufacturing of nutritional snack foods and distribution of frozen beverages to the food service and retail supermarket industries. It operates through the following segments: Food Service, Retail Supermarkets, and Frozen Beverages. The Food Service segment includes soft pretzels, frozen novelties, churros, handheld products, and baked goods. The Retail Supermarkets segment offers soft pretzel products including Superpretzel, frozen juice treats and desserts, including Luigi's real Italian ice, Minute Maid juice bars and soft frozen lemonade, Whole Fruit frozen fruit bars and sorbet, Philly Swirl cups and sticks, ICEE Squeeze-Up Tubes and dough enrobed handheld products including Patio burritos. The Frozen Beverages segment provides frozen beverages to the food service industry primarily under the names ICEE, SLUSH PUPPIE, and PARROT ICE in the United States, Mexico, and Canada, as well as repair and maintenance services. The company was founded by Gerald B. Shreiber in 1971 and is headquartered in Mount Laurel, NJ.

J & J Snack Foods is a very long-term oriented food manufacturing company. The company has negative net debt, which reduces the chances of bankruptcy to practically zero.

J & J Snack Foods: A Very Long-Term Oriented Company

Abbott Labs

Stryker

Franklin Resources

Graco

SEI Investments

AT&T

Waste Management

I was optimistic with my dividend growth predictions for the last two weeks of November. Notably, Sysco held their dividend steady and Tyson Foods – from which I had expected a double digit boost – only increased their dividend by 6%.

December Will Bring A Significant Dividend Increases From Medical Companies Abbott, Stryker

J&J put up decent financial figures in fiscal year 2020. The company has no long-term debt and plenty of cash.

J&J Snack Foods: Recovery Depends On Customer Success

Johnson & Johnson

J&J Snack Foods' (JJSF) CEO Gerry Shreiber on Q4 2020 Results - Earnings Call Transcript

J & J Snack Foods Corp. (JJSF) CEO Gerald Shreiber on Q4 2020 Results - Quick Version Earnings Call Transcript

PENNSAUKEN, N.J., Nov. 05, 2020 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) today announced sales and earnings for its fourth quarter and year ended September 26, 2020.

Sales and Earnings Reported by J & J Snack Foods

J&J Snack Foods (JJSF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate J&J Snack Foods (JJSF) to Report a Decline in Earnings: What to Look Out for

PENNSAUKEN, N.J., Oct. 21, 2020 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (“J & J” or the “Company”) (Nasdaq: JJSF), today announced that the Company granted an inducement grant of 1,579 restricted shares of its common stock to Mr. Ken Plunk pursuant to an Inducement Restricted Stock Award Agreement (the “Plunk Inducement Grant”). On September 21, 2020, J & J announced the appointment of Mr. Ken Plunk as Senior Vice President, Chief Financial Officer responsible for leading the company's overall financial operations.

J & J Snack Foods Reports Inducement Grant under Nasdaq Listing Rule 5635(c)(4)

PENNSAUKEN, N.J., Sept.  18, 2020  (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $.575 per share of its common stock payable on October 13, 2020 to shareholders of record as of the close of business on September 29, 2020. 

J & J SNACK FOODS CORP. ANNOUNCES  QUARTERLY CASH DIVIDEND

Pennsauken, NJ, Sept.  17, 2020  (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) (“J & J” or the “Company”) today announced that Ken Plunk has been appointed  Senior Vice President, Chief Financial Officer of the Company, effective September 21, 2020, reporting to Daniel Fachner, President. As the Chief Financial Officer, Mr. Plunk will have overall responsibility for the financial operations of J & J.   

J & J SNACK FOODS ANNOUNCES  APPOINTMENT OF KEN PLUNK AS CFO

AppFolio

Churchill Downs

Wayfair

The names most often cited as overvalued stocks have been this market's big winners. These 4 stocks perhaps don't look expensive — but are.

4 Overvalued Stocks to Avoid Until a Pullback

Avis Budget Group

Xerox

Axis Capital

Biglari Hlds

Kinder Morgan

Kodiak Sciences Inc

Red Rock Resorts

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it.

Notable Insider Buys Last Week: Avis Budget, Xerox And Many More

PENNSAUKEN, N.J., Aug. 17, 2020 /PRNewswire/ -- Nationally recognized SUPERPRETZEL® Soft Pretzel brand is expanding its snack offerings, as it was announced today that J&J Snack Foods Corp.

J&J Snack Foods Heats Up Frozen Snack Category with SUPERPRETZEL® Filled Soft Pretzel Bites

J & J Snack Foods Corp. (JJSF) CEO Gerald Shreiber on Q3 2020 Results - Earnings Call Transcript

J&J Snack Foods (JJSF) delivered earnings and revenue surprises of -263.64% and 16.23%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

J&J Snack Foods (JJSF) Reports Q3 Loss, Tops Revenue Estimates

Shares of J&J Snack Foods (NASDAQ:JJSF) were unchanged after the company reported Q3 results.

J&J Snack Foods: Q3 Earnings Insights

Pennsauken, N.J., May  04, 2020  (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) today announced that Dan Fachner, President and  Chief Executive Officer of The ICEE Company , a wholly owned subsidiary of J & J Snack Foods Corp.,  has been appointed President of  J & J Snack Foods Corp, reporting to Gerald B. Shreiber, Chairman of the Board and  Chief Executive Officer.  As President,  Mr. Fachner will have responsibility for the entire  business of J & J Snack Foods with all business heads reporting directly to him.   Mr. Fachner will remain as President and Chief Executive Officer of The ICEE Company.  

Dan Fachner Appointed President of J & J Snack Foods Corp.

J&J Snack Foods Corp (JJSF) CEO Gerry Shreiber on Q2 2020 Results - Earnings Call Transcript

J&J Snack Foods (NASDAQ:JJSF) reported Q2 results. Quarterly Results Earnings per share were down 64.81% over the past year to $0.38, which missed the estimate of $0.90.

Recap: J&J Snack Foods Q2 Earnings

Although the coronavirus should have an impact on the company's revenues in the short term, the nature of the business is such that once life returns to normal it should quickly recover its sales.

Beaten Down: J & J Snack Foods Corp.

         Pennsauken, N.J., March  23, 2020  (GLOBE NEWSWIRE) --  J & J Snack Foods Corp. (NASDAQ-JJSF)  announced today that the virtual shutdown of large segments of the US economy resulting from the efforts to limit the spread of the coronavirus (COVID-19)  is having a material impact on its sales and operations and that it expects its results of operations to be materially negatively impacted. The Company said that it is unable to estimate what the impact will be although it said the impact will be material.  In a press release dated March 12, 2020, the Company had indicated that approximately 1/3 of its annual revenue was to venues and locations that it said it believed would be primarily impacted. With the expansion of government shutdown orders, the Company now says that 2/3 of its annual revenue of approximately $1.2 billion is to venues and locations that have shut down or sharply curtailed their foodservice operations over the past 10 days and that, although the balance of its business may improve due to increased sales to grocery stores and other retailers,  it expects the overall impact to be decidedly negative.

J & J SNACK FOODS  REVISES POTENTIAL IMPACT OF CORONAVIRUS (COVID-19) ON ITS RESULTS OF OPERATIONS  

PENNSAUKEN, N.J., March  12, 2020  (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF)  announced today that it expects its results of operations to be impacted by the closings and anticipated lower attendance and traffic at many of the venues and locations where its products are sold such as schools, stadiums and arenas , movie theaters , amusement parks and restaurants and by a general slowdown in activity throughout the United States resulting from the effects of the coronavirus (COVID-19).   The Company said that it is unable to estimate what the impact may be although it said the impact may be material. The Company stated that its sales at the venues and locations mentioned above is approximately $350 - 400 million annually.

ANNOUNCES POTENTIAL IMPACT OF CORONAVIRUS (COVID-19) ON ITS RESULTS OF OPERATIONS

PENNSAUKEN, N.J., Feb.  13, 2020  (GLOBE NEWSWIRE) --  J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its Board of Directors has declared a regular quarterly cash dividend of $.575 per share of its common stock payable on April 8, 2020 to shareholders of record as of the close of business on March 17, 2020. 

J & J SNACK FOODS CORP.  ANNOUNCES QUARTERLY CASH DIVIDEND

PENNSAUKEN, N.J., Feb.  05, 2020  (GLOBE NEWSWIRE) --  J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its wholly owned subsidiary, The ICEE Company, has acquired the assets of BAMA ICEE,  based in Birmingham, Alabama.   BAMA ICEE does business in Alabama and Georgia with annual sales of approximately $3.5 million.

J&J Snack Foods Corp. Acquires ICEE Distributor In Alabama

J & J Snack Foods Corp. (JJSF) CEO Gerry Shreiber on Q1 2020 - Earnings Call Transcript

News for J & J Snack Foods Stock (JJSF)