J&J Snack Foods (JJSF) Misses Q4 EPS by 8c, Revenues Miss
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Sales and Earnings reported by J & J Snack Foods
November 8, 2018 4:00 PM ESTPENNSAUKEN, N.J., Nov. 08, 2018 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) today announced sales and earnings for its fourth quarter and year ended September 29, 2018.
Because last years fourth quarter had 14 weeks compared to 13 weeks this year, sales for the fourth quarter (13 weeks) this year decreased 5% to $300.7 million from $316.7 million in last years fourth quarter (14 weeks). For the year ended September 29, 2018 (52 weeks), sales increased ÂÂÂ5% to $1.138 billion from $1.084 billion last year (53 weeks). Excluding sales from the extra week in 2017, sales increased approximately 3% for the fourth quarter and 7% for the year. Net earnings decreased 4% to $23.4... More
