J&J Snack Foods (JJSF) Misses Q3 EPS by 15c

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J & J Snack Foods Reports Third Quarter Sales and Earnings

July 24, 2017 4:00 PM EDT

PENNSAUKEN, N.J., July 24, 2017 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) today announced sales and earnings for the third quarter ended June 24, 2017.

Sales for the third quarter increased 6% to $295.4 million from $278.0 million in last years third quarter. Net earnings decreased ­­6% to $25.3 million in the current quarter from $26.8 million last year.  Earnings per diluted share decreased to $1.34 for the third quarter from $1.43 last year. Operating income decreased 7% to $37.8 million in the current quarter from $40.4 million in the year ago quarter.

For the nine months... More