J&J Snack Foods (JJSF) Tops Q4 EPS by 1c

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Sales and Earnings Reported by J & J Snack Foods

November 9, 2017 4:00 PM EST

PENNSAUKEN, N.J., Nov. 09, 2017 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) today announced sales and earnings for its fourth quarter and year ended September 30, 2017.

Sales for the fourth quarter (14 weeks) increased 21% to $316.7 million from $262.2 million in last years fourth quarter (13 weeks).  For the year ended September 30, 2017 (53 weeks), sales increased 9% to $1.084 billion from $992.8 million last year (52 weeks).  Excluding sales from the extra week in 2017, sales increased approximately 12% for the fourth quarter and 7% for the year.    Net earnings increased 18% to $24.3 million ($1.29 per diluted share) in this years fourth quarter... More