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J&J Snack Foods Corp. (NASDAQ: JJSF) is a prominent player in the snack food and frozen beverage industry. Established over fifty years ago, the company specializes in producing and marketing an array of nutrition-focused and affordable branded niche snack foods and beverages. These products are distributed widely across foodservice and retail supermarket outlets nationwide.
J&J Snack Foods' extensive product portfolio includes soft pretzels, frozen beverages, frozen juice treats and desserts, stuffed sandwiches, burritos, churros, fruit pies, funnel cakes, cookies, and bakery goods. Some of the company’s key brands are SUPERPRETZEL, the leading soft pretzel brand; ICEE and SLUSH PUPPIE frozen beverages; Dippin' Dots, the original beaded ice cream; and LUIGI'S Real Italian Ice. Other notable brands include MINUTE MAID* frozen juice bars, WHOLE FRUIT fruit bars, and MARY B'S biscuits and dumplings.
The company operates in three primary business segments: food service, retail supermarkets, and frozen beverages. The food service segment offers a variety of snacks, desserts, and baked goods at point-of-sale locations. The retail supermarket segment provides frozen and prepackaged products directly to supermarkets. The frozen beverages segment markets products like ICEE and Slush Puppie across the United States, Mexico, and Canada.
Recent notable achievements include the acquisition of Thinsters, a brand known for its thin, crunchy, bite-sized cookies made with real, simple ingredients. This acquisition aligns with J&J Snack Foods’ strategic goal of expanding its diverse snack offerings. Furthermore, the company has launched new and innovative products such as the Froot Loops ICEE in collaboration with WK Kellogg Co., and Dogsters pumpkin flavored ice cream style treats for dogs.
J&J Snack Foods continues to leverage its strong brand portfolio and innovative product introductions to maintain its leadership in the snack food and frozen beverage industry. For more information, please visit www.jjsnack.com.
J & J Snack Foods Corp. (NASDAQ: JJSF) announced a quarterly cash dividend of $0.735 per share, payable on July 9, 2024, to shareholders of record as of June 18, 2024. The Board of Directors' decision to declare dividends is influenced by factors such as net income, financial position, and cash requirements. J & J Snack Foods is noted for its diverse range of snack food products, including SUPERPRETZEL, ICEE, SLUSH PUPPIE, LUIGI'S Real Italian Ice, and more. The company remains a leader and innovator in the snack food industry, distributing its products nationwide in foodservice and retail supermarket outlets.
The ICEE Company, a subsidiary of J&J Snack Foods Corp. (NASDAQ: JJSF), has announced a new Froot Loops flavor in collaboration with WK Kellogg Co.
This mashup brings the nostalgic flavor of Froot Loops cereal into a frozen beverage, available at various retailers, including Target, Maverik, and Meijer Gas. The launch targets summer shoppers and aims to evoke childhood memories and fun.
According to Kimmra Hingher, VP of Marketing at ICEE, this collaboration taps into a growing trend of nostalgia-driven products, following last year's successful transformation of Cherry 'n Blue Razz ICEE into a cereal format.
Laura Newman, VP Brand Marketing at WK Kellogg Co, emphasized the nostalgic appeal of the new flavor, promising it will delight fans of both brands. The Froot Loops ICEE will roll out to more retailers and entertainment venues over the summer.
J&J Snack Foods Corp. (NASDAQ: JJSF) reported record fiscal second quarter revenue of $359.7 million, with net earnings of $13.3 million and EPS of $0.69. Adjusted EPS stood at $0.84, reflecting a significant increase over the prior year. The company experienced growth in all segments - Food Service, Retail, and Frozen Beverages. Strong performance was driven by higher volumes of core products, new business initiatives, and improved profit margins. Operating income, EBITDA, and net earnings all saw substantial growth, setting the company up for continued success in the future.
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