J & J Snack Foods Corp (JJSF) Releases Earnings Results, Beats Expectations By $0.06 EPS

J & J Snack Foods Corp (JJSF) reported quarterly earnings results on Monday, Jul-25-2016. The company said it had a profit of $1.43 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.06. Analysts had a consensus of $1.37. The company posted revenue of $278.00 million in the period, compared to analysts expectations of $284.82 million. The company’s revenue was down -.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.30 EPS.

J & J Snack Foods Corp closed down -0.07 points or -0.06% at $120.69 with 46,747 shares getting traded on Wednesday. Post opening the session at $121.37, the shares hit an intraday low of $119.88 and an intraday high of $121.37 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on May 19, 2016, Robert Joseph Pape (Senior Vice President) sold 3,000 shares at $103.43 per share price. According to the SEC, on May 18, 2016, Gerard Garfield Law (Senior Vice President) sold 1,955 shares at $102.79 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.

J & J Snack Foods Corp

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