J&J Snack sales, earnings climb

by Bakingbusiness Staff
Share This:

PENNSAUKEN, N.J. — Net income of J&J Snack Foods Corp. in the first quarter ended Dec. 27 totaled $4,319,000, equal to 23c per share on the common stock, up 128% from $1,897,000, or 10c per share, in the same period a year ago. Sales in the quarter were $141,142,000, up 8% from $130,898,000 a year ago. Sales to food service customers increased $8,126,000, or 9%, in the first quarter, to $97,535,000. During the quarter, soft pretzel sales to the food service segment increased 2% to $24,235,000. Bakery product sales, excluding Hom/Ade and Daddy Ray’s, increased $3,527,000, or 10%, driven by higher sales to private label customers. Biscuit sales rose 7% to $9,692,000, while sales of fruit and fig bars climbed 25% to $6,858,000. Frozen beverage and related product sales increased 10% to $33,141,000, with beverage sales accounting for $20,075,000 of that total.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Baking Business News do not reflect those of Baking Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.