J&J Snack Foods (JJSF) Tops Q1 EPS by 4c
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J & J Snack Foods Reports First Quarter Sales and Earnings
January 28, 2019 4:00 PM ESTPENNSAUKEN, N.J., Jan. 28, 2019 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) today announced sales and earnings for the first quarter ended December 29, 2018.
Sales increased 2% to $271.6 million from $265.2 million in last years first quarter. Net earnings decreased to $17.5 million in the current quarter from $36.2 million last year. Earnings per diluted share decreased to $.93 for the first quarter from $1.93 last year. Operating income increased 4% to $22.1 million in the current quarter from $21.2 million in the year ago quarter.
Net earnings for last years quarter benefited from a $20.9 million, or $1.11 per diluted share, gain on the... More
