US-based J&J Snack Foods Corp. has reported rising first-half profits following the integration of two recent acquisitions.
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During the first half, J&J saw operating income leap 31% to $13.3m with sales up 11% to $244.2m.
Gerald B. Shreiber, president and CEO, said: “We benefited from the successful integration of the Hom/Ade Foods and the Daddy Ray acquisitions completed during the quarter, as well as continued progress and gains in our core businesses.”
Hom/Ade Foods produces frozen biscuits and dumplings under the Mary B’s brand, and Daddy Ray is a producer of fig and fruit bars.
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By GlobalData
