J&J Snack Foods (JJSF) Misses Q4 EPS by 13c
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J & J Snack Foods Reports First Quarter Sales and Earnings
January 27, 2020 4:00 PM ESTPENNSAUKEN, N.J., Jan. 27, 2020 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) today announced sales and earnings for the first quarter ended December 28, 2019.
Sales increased 4% to $282.9 million from $271.6 million in last years first quarter. Net earnings decreased to $17.1 million in the current quarter from $17.5 million last year. Earnings per diluted share decreased to $.89 for the first quarter from $.93 last year. Operating income decreased 2% to $21.7 million in the current quarter from $22.1 million in the year ago quarter. Operating income was impacted by approximately $1 million of costs related to the relocation of our ICEE companys... More
