A modest lift in sales for US pretzel maker J & J Snack Foods failed to prevent a slide in profits for the first six months of the year.

Sales for the six months to 26 March increased 4% to US$318.4m, the company said yesterday (25 April).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

However, net earnings for the period fell 2% to $15.8m. Earnings per share dropped to $0.84 from $0.86 last year.

J & J said that its margins were hit by higher input costs, which ore than offset sales gains.

President and CEO Gerald Shreiber said: “Although our overall sales grew modestly, higher input costs and operating expenses impacted our profitability.”

See Also:

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.