J & J Snack Foods Corp (JJSF) reported quarterly earnings results on Monday, Apr-25-2016. The company said it had a profit of $0.83 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.05. Analysts had a consensus of $0.78. The company posted revenue of $229.71 million in the period, compared to analysts expectations of $231.58 million. The company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.78 EPS.
J & J Snack Foods Corp opened for trading at $100.01 and hit $102.74 on the upside on Friday, eventually ending the session at $101.19, with a gain of 0.65% or 0.65 points. The heightened volatility saw the trading volume jump to 1,22,564 shares. Company has a market cap of $1,891 M.
In a different news, on Feb 17, 2016, Robert Joseph Pape (Senior Vice President) purchased 36 shares at $91.78 per share price. According to the SEC, on Feb 17, 2016, Gerard Garfield Law (Senior Vice President) purchased 527 shares at $86.65 per share price. On Feb 17, 2016, Dennis G Moore (Sr. Vice President) purchased 49 shares at $112.09 per share price, according to the Form-4 filing with the securities and exchange commission.
J & J Snack Foods Corp. (J & J) manufactures nutritional snack foods and distributes frozen beverages which it markets nationally to the food service and retail supermarket industries. The Company operates in three business segments: Food Service Retail Supermarkets and Frozen Beverages. The Company’s principal snack food products are soft pretzels marketed primarily under the brand name SUPERPRETZEL and BAVARIAN BAKERY frozen juice treats and desserts marketed primarily under the LUIGI’S WHOLE FRUIT ICEE PHILLY SWIRL and MINUTE MAID brand names churros marketed primarily under the TIO PEPE’S and CALIFORNIA CHURROS brand names and bakery products sold primarily under the READI-BAKE COUNTRY HOME MARY B’S AND DADDY RAY’S brand names as well as for private label and contract packing.