J&J Snack Foods (JJSF) Misses Q1 EPS by 51c, Revenues Beat
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J & J Snack Foods Reports Second Quarter Sales and Earnings
April 27, 2020 4:00 PM EDTPENNSAUKEN, N.J., April 27, 2020 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) today announced sales and earnings for the second  quarter ended March 28, 2020.
Sales decreased 2% to $272.0 million from $276.3 million in last years second quarter. Net earnings decreased 64% to $7.3 million in the current quarter from $20.4 million last year. Earnings per diluted share decreased 65% to $.38 for the second quarter from $1.08 last year.  Operating income decreased 56% to $11.0 million in the current quarter from $24.8 million in the year ago quarter.
For the six months ended March 28, 2020, sales increased 1% to $554.9 million from $547.9 million in last... More
