US snack manufacturer J&J Snack Foods has seen its quarterly earnings more than double on the back of an 8% rise in sales.
Go deeper with GlobalData
The New Jersey-based firm yesterday (22 January) booked net earnings of US$4.3m for the three months to 27 December – up from $1.9m a year ago.
Operating income jumped from $2.3m to $6.8m, the company said.
Sales, meanwhile, rose 8% to $141.1m.
President and CEO Gerald Shreiber said the company was “gratified” by its performance during the quarter.
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.
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“Improved results from each of our major business groups, foodservice, retail supermarkets and frozen beverages, contributed to the increased earnings in the period,” Shreiber said.
J&J makes a range of pretzels, biscuits and fruit bars, as well as making frozen beverages under Coca-Cola Co.’s Minute Maid brand under licence.
