{"id":990049,"date":"2026-08-05T07:29:41","date_gmt":"2026-08-05T11:29:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/j-j-snack-foods-reports-fiscal-2026-third-quarter-results\/"},"modified":"2026-08-05T07:29:41","modified_gmt":"2026-08-05T11:29:41","slug":"j-j-snack-foods-reports-fiscal-2026-third-quarter-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/j-j-snack-foods-reports-fiscal-2026-third-quarter-results\/","title":{"rendered":"J & J Snack Foods Reports Fiscal 2026 Third Quarter Results"},"content":{"rendered":"
\n

MOUNT LAUREL, N.J., Aug. 05, 2026 (GLOBE NEWSWIRE) — J & J Snack Foods Corp. (Nasdaq: JJSF) today reported financial results for the third quarter ended June 27, 2026.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Third Quarter<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n Actuals<\/strong>\n <\/td>\n\n $ v. LY *<\/strong>\n <\/td>\n\n % v. LY<\/strong>\n <\/td>\n<\/tr>\n
\n Net Sales<\/strong>\n <\/td>\n$426.0M<\/td>\n($28.3M)<\/td>\n(6.2%)<\/td>\n<\/tr>\n
\n Gross Profit <\/strong>\n <\/td>\n$151.0M<\/td>\n$1.0M<\/td>\n0.6%<\/td>\n<\/tr>\n
\n Operating Income<\/strong>\n <\/td>\n$46.3M<\/td>\n($14.3M)<\/td>\n(23.6%)<\/td>\n<\/tr>\n
\n Net Earnings<\/strong>\n <\/td>\n$35.3M<\/td>\n($8.9M)<\/td>\n(20.1%)<\/td>\n<\/tr>\n
\n Earnings per Diluted Share <\/strong>\n <\/td>\n$1.88<\/td>\n($0.38)<\/td>\n(16.8%)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Adjusted Operating Income<\/strong>\n <\/td>\n$48.1M<\/td>\n($5.3M)<\/td>\n(9.9%)<\/td>\n<\/tr>\n
\n Adjusted EBITDA<\/strong>\n <\/td>\n$67.4M<\/td>\n($4.6M)<\/td>\n(6.4%)<\/td>\n<\/tr>\n
\n Adjusted Earnings per Diluted Share<\/strong>\n <\/td>\n$1.96<\/td>\n($0.04)<\/td>\n(2.0%)<\/td>\n<\/tr>\n<\/table>\n

\n * Prior year reported results included a $9.1 million non-recurring net gain primarily related to the receipt of insurance proceeds. <\/em>\n <\/p>\n

\n This press release contains non-GAAP financial measures. Please refer to the Non-GAAP Financial Measures section below for reconciliations to the most comparable GAAP measures.<\/em>\n <\/p>\n

“Fiscal 2026 has been a year of disciplined transformation, and that work continued to pay off in the third quarter,” said Dan Fachner, President, and CEO of J&J Snack Foods. \u201cWe delivered Adjusted EBITDA of $67.4 million and Adjusted earnings per diluted share of $1.96, even as freight and fuel costs increased approximately $4.7 million during the quarter. Most of the net sales decline in the third quarter was attributed to anticipated sales reductions in bakery, and lower machine and service sales in the Frozen Beverage segment. Gross margin expanded 240 basis points to 35.5%, and Apollo-driven plant consolidation savings are running ahead of plan, giving us the confidence to raise our annualized plant savings target by $5 million to at least $20 million and the full program target to $25 million. Looking ahead, we expect the sales environment to improve in the fourth quarter as our pipeline fills for core products and recent headwinds diminish. We remain confident that the progress we have made repositioning this business will support durable earnings and a return to top-line growth in fiscal 2027.”<\/p>\n

\n Third Quarter Results<\/strong>\n <\/p>\n

Net sales decreased 6.2% from the prior year quarter to $426.0 million.<\/p>\n