J & J Snack Foods Corp
NASDAQ:JJSF

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J & J Snack Foods Corp
NASDAQ:JJSF
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Price: 90.97 USD -0.25% Market Closed
Market Cap: 1.8B USD

J & J Snack Foods Corp
Investor Relations

J & J Snack Foods Corp. has carved a unique niche for itself in the expansive world of frozen and snack foods. Founded in 1971 by Gerald B. Shreiber after purchasing a struggling pretzel company at a court auction, J & J has grown into a quintessential success story in the food industry. With a focus on innovation and variety, the company caters to a wide array of tastes and dining experiences. Its product lineup is an eclectic mix of soft pretzels, frozen beverages, churros, and an array of snack bars and cookies, each contributing to its wide appeal. By branding under well-known names like SuperPretzel, ICEE, and Luigi's Italian Ice, J & J leverages brand recognition and consumer loyalty, creating a stable revenue stream from both retail and foodservice sectors.

The business model of J & J Snack Foods centers around a strategic blend of direct distribution and partnerships. By supplying its products to movie theaters, sports arenas, and convenience stores, the company taps into high-traffic venues where impulse buys are frequent and profitable. J & J also capitalizes on school cafeterias and institutional food service, ensuring a solid presence in educational and large-scale dining facilities. This dual approach not only amplifies its market penetration but also provides insulation from economic downturns, as it can pivot and adjust its strategies according to market demands. Through a keen understanding of consumer snacking behaviors and consistent product quality, J & J Snack Foods continues to satisfy cravings across North America, achieving both growth and stability.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Nov 17, 2025
AI Summary
Q4 2025

Sales Decline: Q4 sales were $410.2 million, down 3.9% year-over-year, mainly due to lapping strong frozen beverage sales tied to the Inside Out 2 movie last year.

Pretzel Growth: Pretzel sales rose in both retail and foodservice, with a 2.7% increase for the year and 8% growth in the second half.

Cost Savings Initiatives: Project Apollo, including plant closures and distribution optimization, is expected to deliver at least $20 million in annual operating income benefits in 2026, with $15 million from plant closures alone by Q2.

Frozen Novelties Weakness: Frozen novelty sales declined, especially in retail, but management is seeing early signs of stabilization and has new innovation planned.

Gross Margin Stability: Q4 gross margin was 31.7%, nearly flat versus last year; Project Apollo savings are expected to help improve this going forward.

Increased Share Repurchases: The company bought back $3 million in shares in Q4 and plans to accelerate buybacks in Q1 2026, citing strong value.

Strong Balance Sheet: Ended the quarter with $106 million in cash and no debt, maintaining flexibility for investments, acquisitions, and shareholder returns.

Key Financials
Revenue
$410.2 million
Pretzel Sales Growth (Full Year)
2.7%
Pretzel Sales Growth (Second Half)
8%
Adjusted EBITDA (Q4)
$57.4 million
Adjusted EBITDA (Full Year)
$180.9 million
Gross Margin (Q4)
31.7%
Operating Expenses
$118.8 million
Nonrecurring Charges
$24.8 million
Adjusted Operating Income (Q4)
$37.7 million
Adjusted Operating Income (Full Year)
$108.2 million
Adjusted Earnings Per Diluted Share (Q4)
$1.58
Adjusted Earnings Per Diluted Share (Full Year)
$4.27
Cash
$106 million
Long-term Debt
$0
Share Repurchases (Q4)
$3 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Daniel Fachner
President, CEO & Chairman
No Bio Available
Mr. Gerald B. Shreiber
Founder & Chairman Emeritus
No Bio Available
Mr. Robert Cranmer
Senior Vice President of Operations
No Bio Available
Mr. Lynwood Mallard
Senior VP & Chief Marketing Officer
No Bio Available
Mr. Stephen J. Every
COO of The ICEE Company
No Bio Available
John Griffith
Chief Information Officer
No Bio Available
Mr. Michael A. Pollner
Senior VP, General Counsel & Corporate Secretary
No Bio Available
Bjoern Leyser
Senior Vice President of Sales
No Bio Available
Ms. Mary Lou Kehoe
Vice President of Human Resources
No Bio Available
Douglas Davidson
Senior Vice President of Bakery Division
No Bio Available

Contacts

Address
NEW JERSEY
Pennsauken
6000 Central Hwy
Contacts
+16096659533.0
jjsnack.com