J&J Snack Foods (JJSF) Misses Q3 EPS by 56c, Revenues Beat
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J&J Snack Foods (NASDAQ: JJSF) reported Q3 EPS of ($0.67), $0.56 worse than the analyst estimate of ($0.11). Revenue for the quarter came in at $214.6 million versus the consensus estimate of $184 million.
Dan Fachner, J & J’s President, commented, “Although we had an operating loss this quarter, we progressed nicely with each month improving from the prior month. Our Retail division was strong as that end of the business continues to outperform the previous year. Much of the Foodservice locations are slow to open but we continue to see improvement during our current quarter. We are monitoring and making necessary adjustments to operations and expenses both for the short term and for the longer term.”
For earnings history and earnings-related data on J&J Snack Foods (JJSF) click here.
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