J & J Snack Foods (NASDAQ:JJSF) Posts Earnings Results

J & J Snack Foods (NASDAQ:JJSF) released its earnings results on Tuesday. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.01, Briefing.com reports. J & J Snack Foods had a return on equity of 8.73% and a net margin of 4.14%.The business had revenue of $343.78 million for the quarter, compared to the consensus estimate of $365.95 million. During the same quarter last year, the business posted $0.33 earnings per share. The business’s quarterly revenue was down 5.2% compared to the same quarter last year.

Here are the key takeaways from J & J Snack Foods’ conference call:

• Project Apollo delivered over $3 million of net savings in Q1 and management expects a $20 million annual run-rate improvement once plant consolidations (largely complete by Q2) and G&A/distribution savings fully ramp.
• Net sales fell 5.2% to $343.8 million, driven primarily by targeted bakery SKU rationalization and portfolio optimization that management forecasts will be an approximate 3% sales headwind in fiscal 2026.
• Profitability strengthened as gross margin rose 200 basis points to 27.9% and adjusted EBITDA increased 7% to $27 million, while adjusted EPS was $0.33 (in line with prior year) despite one-time charges including $1 million of product disposal.
• Management completed roughly $42 million of share repurchases this quarter (just over $50 million including prior activity) and announced a new $50 million buyback authorization, underscoring share‑holder returns.
• Commercial momentum and innovation are strong — soft pretzels grew ~6.9% in food service and ~4% in retail, Dogsters volume rose >20%, Dippin’ Dots expanded in theaters and retail, and several new product launches are slated for Q2 to drive distribution.

J & J Snack Foods Price Performance

Shares of J & J Snack Foods stock traded down $12.24 on Tuesday, reaching $82.97. 127,829 shares of the company were exchanged, compared to its average volume of 215,442. The stock’s 50 day moving average price is $93.01 and its 200-day moving average price is $98.26. The company has a market cap of $1.58 billion, a P/E ratio of 24.66 and a beta of 0.34. J & J Snack Foods has a 1-year low of $80.00 and a 1-year high of $144.37.

J & J Snack Foods Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Shareholders of record on Tuesday, December 16th were issued a dividend of $0.80 per share. The ex-dividend date was Tuesday, December 16th. This represents a $3.20 annualized dividend and a yield of 3.9%. J & J Snack Foods’s dividend payout ratio is 95.52%.

Analysts Set New Price Targets

JJSF has been the subject of several recent analyst reports. Weiss Ratings reissued a “sell (d+)” rating on shares of J & J Snack Foods in a research note on Monday, December 29th. Zacks Research cut shares of J & J Snack Foods from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 19th. Finally, Benchmark reaffirmed a “buy” rating on shares of J & J Snack Foods in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $132.50.

Insider Buying and Selling at J & J Snack Foods

In other J & J Snack Foods news, Director Kathleen E. Ciaramello purchased 540 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was bought at an average cost of $90.56 per share, with a total value of $48,902.40. Following the acquisition, the director directly owned 1,013 shares of the company’s stock, valued at approximately $91,737.28. This represents a 114.16% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 20.40% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Mariner LLC raised its position in J & J Snack Foods by 43.4% in the third quarter. Mariner LLC now owns 3,107 shares of the company’s stock valued at $299,000 after purchasing an additional 941 shares during the period. Virtu Financial LLC purchased a new position in J & J Snack Foods in the third quarter valued at about $338,000. Nicolet Advisory Services LLC boosted its holdings in J & J Snack Foods by 5.8% in the third quarter. Nicolet Advisory Services LLC now owns 2,592 shares of the company’s stock valued at $246,000 after purchasing an additional 143 shares during the last quarter. State of Wyoming grew its stake in J & J Snack Foods by 93.0% during the 2nd quarter. State of Wyoming now owns 2,150 shares of the company’s stock valued at $244,000 after purchasing an additional 1,036 shares in the last quarter. Finally, Quantinno Capital Management LP purchased a new stake in J & J Snack Foods during the 2nd quarter worth approximately $367,000. Hedge funds and other institutional investors own 76.04% of the company’s stock.

About J & J Snack Foods

J & J Snack Foods (NASDAQ: JJSF) is a U.S.-based manufacturer and distributor of branded snack foods and frozen beverages. Headquartered in Pennsauken, New Jersey, the company develops, produces and markets a broad array of proprietary and licensed products for retail, concession and foodservice customers. Its offerings span soft pretzels, frozen novelties, real Italian ice, churros and packaged beverages under well-known names such as ICEE, SuperPretzel, Luigi’s and ChurroMan.

Founded in 1971 by Gerald B.