J&J Snack Foods (JJSF) Tops Q3 EPS by 72c

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J & J Snack Foods Reports Third Quarter Sales and Earnings

July 26, 2021 4:00 PM EDT

PENNSAUKEN, N.J., July 26, 2021 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) today announced sales and earnings for the third quarter ended June 26th, 2021.

Sales increased 51% to $324.3 million from $214.6 million in last years third quarter. Net earnings were $28.9 million in the current quarter compared to a $12.6 million loss last year.  Earnings per diluted share was $1.51 for the third quarter, a significant increase compared to the $0.67 loss per diluted share last year. Operating income increased to $38.1 million in the current quarter versus a $19.4 million loss last year.

For the nine months ended June 26, 2021, sales were... More