earnings
confidence high
sentiment positive
materiality 0.80
J&J Snack Foods Q3 sales $324.3M (+51% YoY); net income $28.9M vs year-ago loss
J&J SNACK FOODS CORP
2021-Q3 EPS reported
$1.92
revenue$821,519,000
- EPS $1.51 diluted vs loss of $0.67; operating income $38.1M vs loss of $19.4M.
- Food Service sales +68% to $196.5M; Frozen Beverages +83% to $74.0M.
- Gross margin improved to 29.7% from 17.3%; management cites market normalization.
- Nine-month sales $821.5M (+7%); net income $36.7M vs $11.7M; EPS $1.92 vs $0.62.
- Theater channel still >50% below 2019 but improving; price increases minimal impact.