J&J Snack Foods (JJSF) Misses Q3 EPS by 7c, Revenues Beat
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Sales and Earnings Reported by J & J Snack Foods
November 7, 2019 4:00 PM ESTPENNSAUKEN, N.J., Nov. 07, 2019 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) today announced sales and earnings for its fourth quarter and year ended September 28, 2019.
Sales for the fourth quarter this year increased 4% to $311.9 million from $300.7 million in last years fourth quarter. For the year ended September 28, 2019, sales increased 4% to $1.186 billion from $1.138 billion last year. Net earnings increased 11% to $26.1 million ($1.36 per diluted share) in this years fourth quarter compared to $23.4 million ($1.24 per diluted share) last year and for the year earnings decreased 8% to $94.8 million ($5.00 per diluted share) from $103.6 million ($5.51 per diluted share).
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