J&J Snack Foods has reported another rise in first-quarter sales and a rebound in profits.
The US snack maker reported net sales up by 11% for the three months to the end of December, to US$191.4m, mirroring its pace of growth in the same period of the previous year.
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The difference in the current year was first-quarter profits leapt by 86% to $10.2m, more than recovering ground lost in the first three months of the firm’s previous fiscal year.
Operating profits rose to 78% to $15.1m, said the group.
J&J’s president and CEO, Gerald Schreiber, said: “Our foodservice and frozen beverage businesses performed well and helped establish record sales and earnings for the quarter.”
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