J&J Snack Foods (JJSF) Tops Q3 EPS by 6c

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J & J Snack Foods Reports Third Quarter Sales and Earnings

July 25, 2016 4:00 PM EDT

PENNSAUKEN, N.J., July 25, 2016 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) today announced sales and earnings for the third quarter ended June 25, 2016.

Sales for the third quarter decreased about 1/4 of one percent to $278.0 million from $278.7 million in last years third quarter. Net earnings increased ­­10% to $26.8 million in the current quarter from $24.5 million last year.  Earnings per diluted share increased to $1.43 for the third quarter from $1.30 last year. Operating income increased 4% to $40.4 million in the current quarter from $38.8 million in the year ago quarter.

For the nine months ended June 25, 2016, sales... More