J&J Snack Foods (JJSF) Misses Q3 EPS by 3c, Sales Beat

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J & J Snack Foods Reports Third Quarter Sales and Earnings

July 27, 2015 4:00 PM EDT

PENNSAUKEN, N.J., July 27, 2015 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) today announced sales and earnings for the third quarter ended June 27, 2015.

Sales increased 8% to $278.7 million from $257.1 million in last year's third quarter. Net earnings increased 3% to $24.5 million in the current quarter from $23.7 million last year. Earnings per diluted share increased 3% to $1.30 for the third quarter from $1.26 last year. Operating income increased 9% to $38.8 million in the current quarter from $35.7 million in the year ago quarter.

For the nine months ended June 27, 2015, sales increased 8% to $716.5 million from $666.0 million in last... More