J & J SNACK FOODS


Associated tags: JJSF, COUNTRY, ICEE, SOUR, Ice cream, Drink, PIN, Conference, Conference call, J&J Snack Foods

Locations: J, PENNSAUKEN, NJ, US, EGG, ARIZONA, GLENDALE

J&J Snack Foods Reports Record Fiscal Second Quarter Revenue of $359.7 Million

Retrieved on: 
Monday, May 6, 2024

MOUNT LAUREL, N.J., May 06, 2024 (GLOBE NEWSWIRE) -- J&J Snack Foods Corp. (NASDAQ: JJSF) (the “Company”) today reported financial results for the second quarter ended March 30, 2024.

Key Points: 
  • Dan Fachner, J&J Snack Foods Chairman, President, and CEO, commented, “J&J Snack Foods delivered another period of strong financial results, including the highest fiscal second quarter net sales in our company’s history -topping our previous record achieved in the prior year.
  • Adjusted operating income was $21.8 million in the second quarter of fiscal 2024, compared to $12.1 million in the prior year period, with the increase driven by sales growth, improved gross margins and operational efficiencies.
  • Q2 ’24 food service sales totaled $230.0 million, or an increase of 5.4%, compared to Q2 ’23 sales of $218.3 million.
  • J&J Snack Foods Corp. will host a conference call to discuss results and business outlook on May 7, 2024, at 10:00 a.m. Eastern Time.

J & J SNACK FOODS SCHEDULES FISCAL 2024 SECOND QUARTER EARNINGS CONFERENCE CALL AND WEBCAST

Retrieved on: 
Tuesday, April 2, 2024

MOUNT LAUREL, N.J., April 02, 2024 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that it has scheduled a conference call and webcast to discuss its fiscal 2024 second quarter financial results on Tuesday, May 7, 2024, at 10:00 am Eastern time.

Key Points: 
  • MOUNT LAUREL, N.J., April 02, 2024 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that it has scheduled a conference call and webcast to discuss its fiscal 2024 second quarter financial results on Tuesday, May 7, 2024, at 10:00 am Eastern time.
  • Conference call participants should pre-register by clicking on this Registration Link to receive the dial-in number and a personal PIN, which are required to access the conference call.
  • A live webcast of the call can be accessed on the Company’s investor relations website at https://www.jjsnack.com/investors/ .
  • The Company expects to release its results for the 2024 fiscal second quarter ended March 30, 2024, at approximately 4:15 pm Eastern time on Monday, May 6, 2024.

J & J SNACK FOODS CORP. ANNOUNCES QUARTERLY CASH DIVIDEND

Retrieved on: 
Wednesday, February 14, 2024

MOUNT LAURAL, N.J., Feb. 14, 2024 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that its Board of Directors has declared a quarterly cash dividend of $0.735 per share of its common stock payable on April 9, 2024, to shareholders of record as of the close of business on March 19, 2024.

Key Points: 
  • MOUNT LAURAL, N.J., Feb. 14, 2024 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that its Board of Directors has declared a quarterly cash dividend of $0.735 per share of its common stock payable on April 9, 2024, to shareholders of record as of the close of business on March 19, 2024.
  • J & J Snack Foods Corp. is a leader and innovator in the snack food industry, providing innovative, niche, and affordable branded snack foods and beverages to foodservice, and retail supermarket outlets.
  • CHURROS, and THE FUNNEL CAKE FACTORY funnel cakes and several bakery brands within DADDY RAY’S, COUNTRY HOME BAKERS and HILL & VALLEY.
  • Please refer to our public filings for a discussion of certain important factors that relate to forward-looking statements contained in this press release.

J&J Snack Foods Reports Fiscal 2024 First Quarter Revenue of $348.3M and Net Earnings Growth of 9.8%

Retrieved on: 
Monday, February 5, 2024

Dan Fachner, J&J Snack Foods Chairman, President and CEO, commented, “J&J Snack Foods continues to execute on our long-term strategy while managing through a softer consumer environment.

Key Points: 
  • Dan Fachner, J&J Snack Foods Chairman, President and CEO, commented, “J&J Snack Foods continues to execute on our long-term strategy while managing through a softer consumer environment.
  • Fiscal first quarter net sales declined approximately 1%, in line with trends in the overall industry.
  • This resulted in healthy bottom-line growth, including a 20.6% increase in adjusted operating income and a 19.4% increase in adjusted EBITDA.
  • J&J Snack Foods Corp. will host a conference call to discuss results and business outlook on February 6, 2024, at 10:00 a.m. Eastern Time.

J & J SNACK FOODS SCHEDULES CONFERENCE CALL TO DISCUSS FIRST QUARTER FINANCIAL RESULTS

Retrieved on: 
Tuesday, January 2, 2024

MOUNT LAUREL, N.J., Jan. 02, 2024 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that its conference call to discuss first quarter 2024 financial results is scheduled for Tuesday, February 6, 2024, at 10:00 am Eastern time.

Key Points: 
  • MOUNT LAUREL, N.J., Jan. 02, 2024 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that its conference call to discuss first quarter 2024 financial results is scheduled for Tuesday, February 6, 2024, at 10:00 am Eastern time.
  • Conference call participants should pre-register by clicking on this Registration Link to receive the dial-in number and a personal PIN, which are required to access the conference call.
  • The Company stated that it expects to release its results for the first quarter ended December 30, 2023, at approximately 4:15 pm Eastern time on Monday February 5, 2024.

Gerald B. Shreiber Transitions to Chairman Emeritus; J & J Snack Foods Corp. Board of Directors Elects Dan Fachner as Chairman of the Board

Retrieved on: 
Thursday, November 16, 2023

MOUNT LAUREL, N.J., Nov. 16, 2023 (GLOBE NEWSWIRE) --  J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that its founder, Gerald B. Shreiber, has decided to transition from his role as Chairman of the Board.

Key Points: 
  • MOUNT LAUREL, N.J., Nov. 16, 2023 (GLOBE NEWSWIRE) --  J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that its founder, Gerald B. Shreiber, has decided to transition from his role as Chairman of the Board.
  • Mr. Shreiber will remain a member of the Board of Directors, serving with the distinction of Chairman Emeritus of J & J Snack Foods Corp.
    Dan Fachner, who has served as the Company’s President and Chief Executive Officer since 2021 and a member of the Board of Directors since 2022, has been elected by the Board to serve as the Company’s Chairman of the Board.
  • J & J Snack Foods has been an important part of my life for over 50 years and it will always remain so,” Shreiber said.
  • “I believe that this is the right time for me to transition the Chairman role to Dan, and I have full confidence in him and the leadership team at J & J.”
    “Gerry founded J & J Snack Foods Corp. in 1971 and played an instrumental role in our success.

J&J Snack Foods’ Fiscal 2023 Fourth Quarter Revenue Increases 10.8% to a Quarterly Record of $443.9M

Retrieved on: 
Wednesday, November 15, 2023

Dan Fachner, J&J Snack Foods President and CEO, commented, “J&J Snack Foods ended fiscal 2023 on a strong note, including record sales and profitability for both the fourth quarter and full year.

Key Points: 
  • Dan Fachner, J&J Snack Foods President and CEO, commented, “J&J Snack Foods ended fiscal 2023 on a strong note, including record sales and profitability for both the fourth quarter and full year.
  • Fiscal fourth quarter net sales increased to a record $443.9 million, driven by Food Services sales growth of 5.3%, Retail segment sales growth of 21.2% and Frozen Beverages sales growth of 20.6%.
  • Operating income and adjusted EBITDA increased 93.0% and 55.2%, respectively, for the fourth quarter and 77.2% and 46.3%, respectively for fiscal 2023.
  • In addition, our Frozen Beverage segment delivered record fourth quarter and full year sales and profitability, as sales grew 20.6% in the quarter and 16.6% for the year.

J & J Snack Foods Corp. Announces Quarterly Cash Dividend

Retrieved on: 
Wednesday, November 15, 2023

MOUNT LAUREL, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that its Board of Directors has declared a quarterly cash dividend of $0.735 per share of its common stock payable on January 9, 2024, to shareholders of record as of the close of business on December 19, 2023.

Key Points: 
  • MOUNT LAUREL, N.J., Nov. 15, 2023 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) announced today that its Board of Directors has declared a quarterly cash dividend of $0.735 per share of its common stock payable on January 9, 2024, to shareholders of record as of the close of business on December 19, 2023.
  • J & J Snack Foods Corp. is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice, and retail supermarket outlets.
  • CHURROS, and THE FUNNEL CAKE FACTORY funnel cakes and several bakery brands within DADDY RAY’S, COUNTRY HOME BAKERS and HILL & VALLEY.
  • Although we believe that the expectations reflected in these forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

J&J SNACK FOODS SCHEDULES FOURTH QUARTER CONFERENCE CALL

Retrieved on: 
Thursday, October 5, 2023

MOUNT LAUREL, N.J., Oct. 05, 2023 (GLOBE NEWSWIRE) -- J&J Snack Foods Corp. (NASDAQ: JJSF) announced today that its conference call to discuss fourth quarter 2023 financial results is scheduled for Thursday November 16, 2023, at 10:00 am Eastern time.

Key Points: 
  • MOUNT LAUREL, N.J., Oct. 05, 2023 (GLOBE NEWSWIRE) -- J&J Snack Foods Corp. (NASDAQ: JJSF) announced today that its conference call to discuss fourth quarter 2023 financial results is scheduled for Thursday November 16, 2023, at 10:00 am Eastern time.
  • Conference call participants should pre-register by clicking on this Registration Link to receive the dial-in number and a personal PIN, which are required to access the conference call.
  • The Company stated that it expects to release its results for the fourth quarter and full year ended September 30, 2023, at approximately 4:15 pm Eastern time on Wednesday November 15, 2023.

J & J SNACK FOODS CORP. ANNOUNCES INCREASE IN ITS QUARTERLY CASH DIVIDEND

Retrieved on: 
Thursday, August 10, 2023

The cash dividend of $0.735 per share represents an increase of 5% from the previous quarterly dividend of $0.70 per share.

Key Points: 
  • The cash dividend of $0.735 per share represents an increase of 5% from the previous quarterly dividend of $0.70 per share.
  • J & J Snack Foods Corp. is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice, and retail supermarket outlets.
  • CHURROS, and THE FUNNEL CAKE FACTORY funnel cakes and several bakery brands within DADDY RAY’S, COUNTRY HOME BAKERS and HILL & VALLEY.
  • Although we believe that the expectations reflected in these forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.