J&J Snack Foods Corp. Reports Earnings Results for the Second Quarter and Six Months Ended March 30, 2024
May 06, 2024 at 04:31 pm EDT
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J&J Snack Foods Corp. reported earnings results for the second quarter and six months ended March 30, 2024. For the second quarter, the company reported sales was USD 359.73 million compared to USD 337.85 million a year ago. Net income was USD 13.33 million compared to USD 6.87 million a year ago. Basic earnings per share from continuing operations was USD 0.69 compared to USD 0.36 a year ago. Diluted earnings per share from continuing operations was USD 0.69 compared to USD 0.36 a year ago.
For the six months, sales was USD 708.04 million compared to USD 689.2 million a year ago. Net income was USD 20.61 million compared to USD 13.5 million a year ago. Basic earnings per share from continuing operations was USD 1.06 compared to USD 0.7 a year ago. Diluted earnings per share from continuing operations was USD 1.06 compared to USD 0.7 a year ago.
J & J Snack Foods Corp. manufactures snack foods and distributes frozen beverages which it markets nationally to the foodservice and retail supermarket industries. The Company operates through three segments: Food Service, Retail Supermarkets and Frozen Beverages. The primary products sold by the Food Service segment are soft pretzels, frozen novelties, churros, handheld products and baked goods. The primary products sold to the retail supermarket channel are soft pretzel products including SUPERPRETZEL and AUNTIE ANNEâS, frozen novelties including LUIGIâS Real Italian Ice, MINUTE MAID Juice Bars and Soft Frozen Lemonade, WHOLE FRUIT frozen fruit bars and sorbet, DOGSTERS ice cream style treats for dogs, PHILLY SWIRL cups and sticks, ICEE Squeeze-Up Tubes and handheld products. This segment also offers Thinsters. The Company sells Frozen Beverages to the foodservice industry primarily under the names ICEE, SLUSH PUPPIE and PARROT ICE in the United States, Mexico and Canada.
J&J SNACK FOODS CORP. 
