J&J Snack Foods (JJSF) Misses Q1 EPS by 10c
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J & J Snack Foods Reports First Quarter Sales and Earnings
January 26, 2015 4:00 PM ESTPENNSAUKEN, N.J., Jan. 26, 2015 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (Nasdaq: JJSF) today announced sales and earnings for the first quarter ended December 27, 2014.
Sales increased 5% to $212.8 million from $203.5 million in last year's first quarter. Net earnings decreased 9% to $11.3 million in the current quarter from $12.4 million last year. Earnings per diluted share decreased 9% to $.60 for the first quarter from $.66 last year. Operating income decreased 8% to $16.6 million in the current quarter from $18.0 million in the year ago quarter.
Gerald B. Shreiber, J & J's President and Chief Executive Officer, commented, "In... More
