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J J Snack Foods - JJSF STOCK NEWS

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Overview of J&J Snack Foods Corp. (NASDAQ: JJSF)

J&J Snack Foods Corp. is a prominent player in the snack food and frozen beverage industry, recognized for its innovative approach to creating fun and nostalgic snack experiences. The company operates across two primary channels: foodservice and retail supermarkets, catering to a diverse customer base that includes restaurants, convenience stores, supermarkets, entertainment venues, and educational institutions. With a robust portfolio of iconic brands and products, J&J Snack Foods has established itself as a leader in delivering high-quality, affordable, and enjoyable snack options.

Core Business Segments

J&J Snack Foods operates through three main business segments:

  • Foodservice: This segment focuses on providing snacks, desserts, and baked goods directly to foodservice operators. Products like SUPERPRETZEL soft pretzels, churros, funnel cakes, and bakery goods are staples in this category, often found in theaters, amusement parks, and stadiums.
  • Retail Supermarkets: Under this segment, the company offers frozen and prepackaged snack products to retail outlets. Popular brands include LUIGI'S Real Italian Ice, WHOLE FRUIT frozen fruit bars, and Dippin' Dots, catering to consumers seeking convenient and flavorful treats.
  • Frozen Beverages: J&J Snack Foods is a market leader in frozen beverages, with brands like ICEE, SLUSH PUPPIE, and PARROT ICE. These products are distributed across the United States, Mexico, and Canada, serving both retail and foodservice customers.

Product Portfolio

The company's extensive product lineup spans various categories, including:

  • Soft Pretzels: SUPERPRETZEL and Pretzel Fillers are flagship brands within this category.
  • Frozen Beverages: ICEE and SLUSH PUPPIE are household names synonymous with refreshing frozen drinks.
  • Frozen Desserts: Products like LUIGI'S Real Italian Ice, WHOLE FRUIT sorbet, and Minute Maid frozen juice bars offer a range of frozen treat options.
  • Bakery Goods: Brands such as Mary B's biscuits, Daddy Ray's fruit bars, and Country Home Bakers provide baked goods for both retail and foodservice markets.
  • Specialty Snacks: Churros, funnel cakes, and the recently acquired Thinsters cookies reflect the company's focus on niche snack categories.

Competitive Position

J&J Snack Foods differentiates itself through its diversified product offerings and strategic acquisitions. By integrating niche brands like Dippin' Dots and Thinsters into its portfolio, the company enhances its market presence and appeals to a broad consumer base. Its focus on fun, nostalgia, and high-quality ingredients resonates with both foodservice operators and individual consumers, allowing it to compete effectively in a crowded snack food market.

Market Significance

With over five decades of experience, J&J Snack Foods has become a trusted name in the snack and beverage industry. Its products are widely distributed across the United States, Mexico, and Canada, with a growing presence in global markets. The company's commitment to innovation and quality has solidified its reputation as a reliable provider of enjoyable snack experiences.

Conclusion

J&J Snack Foods Corp. is a cornerstone of the snack food and frozen beverage industry, leveraging its extensive brand portfolio and dual-channel business model to meet the diverse needs of its customers. By continuously innovating and acquiring complementary brands, the company maintains its position as a leader in delivering fun, flavorful, and high-quality snacks to consumers worldwide.

Rhea-AI Summary
J & J Snack Foods Corp. (JJSF) declares a quarterly cash dividend of $0.735 per share, showcasing financial stability and commitment to shareholders. The company is a leader in the snack food industry, offering a variety of popular brands and products.
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J&J Snack Foods Corp. (JJSF) reported financial results for the first quarter ended December 30, 2023. Net sales declined 0.9% to $348.3M, with operating income increasing by 3.8% to $9.7M. Net earnings also rose by 9.8% to $7.3M, and adjusted operating income and EBITDA increased by 20.6% and 19.4% respectively. The company experienced declines in consumer traffic and consumption at many of its customers, impacting sales. However, resilience in retail and strong growth in frozen beverages contributed to healthy bottom-line growth. Food Service sales decreased 4.1%, Retail segment sales increased 1.6%, and Frozen Beverage segment sales increased by 8.5%. The company incurred $2.2 million in one-time expenses reflecting transition costs related to the opening of its second regional distribution center in New Jersey. Looking ahead, the company expects to build momentum through the fiscal year as it executes its strategy to grow core brands, cross-sell the portfolio, and expand its customer footprint.
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Dippin' Dots, the original beaded ice cream, partners with Diamond Baseball Holdings to expand its presence in Minor League Baseball stadiums across the country. The partnership aims to enhance the gameday fan experience at select stadiums, offering a variety of Dippin' Dots flavors to fans. This move is expected to elevate the ballpark experience and create lasting memories for fans nationwide.
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J&J Snack Foods' Dogsters brand introduces a new dairy-free pumpkin flavored ice cream style treat for dogs, catering to pups with stomach sensitivities and supporting gut and digestive health. The low-fat, low-calorie treat is made with real pumpkin and added probiotics, available in grocery store freezer aisles nationwide. The new flavor is an addition to the existing portfolio of dog treats, responding to customer demand for a dairy-free option for their pets.
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Dippin' Dots (DIPP) partners with Peter Piper Pizza to offer their original beaded ice cream at all 40 locations in Arizona. The four flavors available are Rainbow Ice, Chocolate Chip Cookie Dough, Cotton Candy, and Cookies' n Cream, priced at $4.99 for a 5-ounce cup. The partnership aims to bring fun and celebratory moments to Peter Piper Pizza customers.
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J & J Snack Foods Corp. (NASDAQ: JJSF) announced its first quarter 2024 financial results conference call scheduled for February 6, 2024, at 10:00 am Eastern time. The company expects to release its first quarter results on February 5, 2024, at approximately 4:15 pm Eastern time.
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J & J Snack Foods Corp. (NASDAQ: JJSF) announced the transition of its founder, Gerald B. Shreiber, from his role as Chairman of the Board to Chairman Emeritus. Dan Fachner, the Company’s President and Chief Executive Officer, has been elected as the new Chairman of the Board. Shreiber expressed confidence in Fachner and the leadership team, stating that it is the right time for him to make this transition. Fachner acknowledged Shreiber's instrumental role in the company's success and his personal career growth.
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J & J Snack Foods Corp. (NASDAQ: JJSF) has declared a quarterly cash dividend of $0.735 per share of its common stock, payable on January 9, 2024. The announcement reflects the company's commitment to rewarding shareholders and its confidence in its financial position. J & J Snack Foods Corp. is a leading innovator in the snack food industry, offering a diverse range of popular branded snack foods and beverages. Its principal products include SUPERPRETZEL, ICEE, SLUSH PUPPIE, LUIGI’S Real Italian Ice, MINUTE MAID frozen ices, and more. For more information, visit http://www.jjsnack.com.
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J&J Snack Foods Corp. (NASDAQ: JJSF) reported a strong fiscal year 2023 with a 12.9% revenue growth, achieving record sales and profitability across all business segments. The company's operational and strategic initiatives drove net sales to $1.56 billion, with fourth quarter net sales reaching $443.9 million. J&J's core brands, including pretzels, churros, and frozen novelties, saw significant growth, and the acquisition of Dippin' Dots contributed to the overall success.
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Dippin' Dots, the original beaded ice cream, has announced the launch of their limited-edition seasonal flavor, Candy Cane. The flavor combines red and green peppermint ice creams swirled with classic vanilla ice cream. It is gluten-free and kosher certified, and available at Dippin' Dots locations nationwide.
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FAQ

What is the current stock price of J J Snack Foods (JJSF)?

The current stock price of J J Snack Foods (JJSF) is $131.44 as of February 28, 2025.

What is the market cap of J J Snack Foods (JJSF)?

The market cap of J J Snack Foods (JJSF) is approximately 2.6B.

What does J&J Snack Foods Corp. specialize in?

J&J Snack Foods specializes in snack foods and frozen beverages, offering products like soft pretzels, frozen desserts, and bakery goods through foodservice and retail channels.

What are J&J Snack Foods' main business segments?

The company operates in three segments: foodservice, retail supermarkets, and frozen beverages, catering to diverse customer needs across various markets.

What are some of J&J Snack Foods' key brands?

Key brands include SUPERPRETZEL, ICEE, SLUSH PUPPIE, LUIGI'S Real Italian Ice, WHOLE FRUIT, Dippin' Dots, and Thinsters.

How does J&J Snack Foods differentiate itself from competitors?

The company differentiates itself through its diversified product portfolio, focus on fun and nostalgia, and strategic acquisitions of niche brands like Dippin' Dots and Thinsters.

Where are J&J Snack Foods' products distributed?

J&J Snack Foods' products are distributed across the United States, Mexico, and Canada, with a growing presence in global markets.

What is the significance of J&J Snack Foods' acquisitions?

Acquisitions like Dippin' Dots and Thinsters allow the company to expand its portfolio, enhance market presence, and cater to evolving consumer preferences.

Who are J&J Snack Foods' typical customers?

The company's customers include foodservice operators, retail supermarkets, convenience stores, entertainment venues, and educational institutions.

What is J&J Snack Foods' approach to innovation?

The company emphasizes innovation by introducing new product formats, flavors, and partnerships, such as the ICEE Froot Loops collaboration.
J J Snack Foods

Nasdaq:JJSF

JJSF Rankings

JJSF Stock Data

2.57B
15.32M
21.38%
78.91%
3.87%
Packaged Foods
Cookies & Crackers
Link
United States
MOUNT LAUREL