Every material Form 8-K J&J Snack Foods has filed with the SEC since May 06, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
J&J Snack Foods reported fiscal third-quarter 2026 results, with net sales down 6.2% to $426.0 million and net earnings down 20.1% to $35.3 million from a year earlier. The prior-year quarter included a $9.1 million non-recurring insurance gain, and the company raised its annualized plant consolidation savings target to at least $20 million, with a full program target of $25 million.
Net sales were $426.0 million, down 6.2%; diluted EPS was $1.88 versus $2.26, and adjusted EPS was $1.96 versus $2.00
Gross margin rose to 35.5% from 33.0%, while freight and fuel costs increased approximately $4.7 million during the quarter
Annualized plant savings target raised by $5 million to at least $20 million; full program target set at $25 million
Repurchased 135,852 shares for $10 million; $18 million remained under the $50 million buyback program as of June 27, 2026
J&J Snack Foods amended its revolving credit agreement on June 5, 2026, extending the facility's maturity to June 5, 2031 and raising its covenant headroom and optional size increase. The filing also says General Counsel Michael A. Pollner will resign effective June 30, 2026, and the company has started a search for a successor.
Credit facility maturity extended to June 5, 2031; optional increase of the greater of $200 million or Consolidated EBITDA, limited to two increases
Maximum Consolidated Net Leverage Ratio raised from 3.00:1.00 to 3.50:1.00, with a temporary step-up to 4.00:1.00 after permitted acquisitions over $50 million
Cross-default and judgment threshold raised from $10 million to $30 million
Michael A. Pollner, SVP, General Counsel & Secretary, resigned June 4, 2026, effective June 30, 2026
J&J Snack Foods reported fiscal second quarter 2026 results on May 6, 2026. Net sales fell 3.2% to $344.8 million, and GAAP net earnings dropped to $1.7 million from $4.8 million, while Adjusted earnings per diluted share rose 14.3% to $0.40. The company said the GAAP decline reflects non-recurring plant closure and other costs, and that it repurchased $22 million of stock during the quarter.
Net sales were $344.8 million, down 3.2% from $356.1 million; Food Service fell 5.0%, Retail Supermarket fell 4.1%, and Frozen Beverages rose 3.1%.
Net earnings were $1.7 million, or $0.09 per diluted share, versus $4.8 million, or $0.25, a year earlier.
Adjusted earnings per diluted share were $0.40 versus $0.35, and Adjusted EBITDA was $28.7 million, up 9.5%.
The company repurchased $22 million of stock; $28 million remained under the $50 million program as of March 28, 2026.
J&J Snack Foods reported fiscal first-quarter 2026 results for the period ended December 27, 2025, with net sales down 5.2% to $343.8 million and GAAP diluted earnings per share of $0.05, versus $0.26 a year earlier. The company cited a $6.1 million plant closure expense and a 9.9% rise in selling and marketing costs, while adjusted EBITDA rose 7.0% to $27.0 million. The board also approved a new $50 million share repurchase authorization.
Net sales were $343.8 million, down 5.2% from $362.6 million a year earlier, mainly due to the bakery business.
GAAP diluted EPS was $0.05 versus $0.26; adjusted EPS was $0.33, flat year over year.
Plant closure expense was $6.1 million; adjusted EBITDA rose 7.0% to $27.0 million.
The company repurchased $42 million of stock in the quarter and approved a new $50 million authorization effective for about two years.
J&J Snack Foods reported fiscal fourth-quarter net sales of $410.2 million, down 3.9% from the prior year, and diluted EPS of $0.58 versus $1.52, with results hit by $24.1 million of plant closure charges. Full-year net sales rose 1% to $1.58 billion, but full-year diluted EPS fell to $3.36 from $4.45. The company said it has begun a business transformation program it expects to generate at least $20 million of annualized operating income.
Q4 net sales were $410.2 million, down 3.9%; Frozen Beverage segment sales fell 8.3% to $99.6 million.
Q4 operating income was $11.5 million versus $39.8 million a year earlier, including $24.1 million of plant closure charges.
Q4 adjusted EPS was $1.58 versus $1.60; full-year adjusted EPS was $4.27 versus $4.93.
As of September 27, 2025, the company reported $105.9 million in cash and no long-term debt.
J&J Snack Foods said on August 28, 2025 that it committed to a plan to optimize its manufacturing footprint, including closing certain plants. The company expects pre-tax plant closure and asset impairment charges of $12 million to $20 million across its fiscal fourth quarter of 2025 and into fiscal 2026, and estimates about $15 million in annualized pre-tax savings once closures are complete.
Expected pre-tax charges of $12 million to $20 million, including $4 million to $8 million of non-cash asset write-downs and write-offs
Severance and benefit costs of $2 million to $3 million, and other exit and disposal costs of $6 million to $9 million
Closure activities expected to be completed in fiscal year 2026, with approximately $15 million in annualized pre-tax cost savings
Savings will be part of the previously announced transformation program
J&J Snack Foods reported fiscal third-quarter 2025 results for the period ended June 28, 2025. Net sales rose 3.3% to $454.3 million and diluted EPS rose to $2.26 from $1.87, helped by a $10.6 million insurance gain, while adjusted EPS was $2.00 versus $1.98 a year earlier. Shareholders get higher reported sales and earnings, but Retail Supermarket sales fell 7.1% and gross margin declined to 33.0% from 33.6%.
Net sales of $454.3 million, up 3.3% from $439.957 million a year earlier; Food Service sales rose 4.8% and Frozen Beverages rose 6.1%
Diluted EPS of $2.26 versus $1.87; adjusted diluted EPS of $2.00 versus $1.98 after excluding a $10.6 million insurance gain and a $1.5 million impairment charge
Retail Supermarket sales decreased 7.1% to $63.9 million; handheld sales were limited by capacity constraints from a facility fire last year
Gross margin of 33.0% compared with 33.6%; the company cited a higher share of lower-margin machine sales
J&J Snack Foods reported fiscal second-quarter 2025 results for the quarter ended March 29, 2025. Net sales fell 1.0% to $356.1 million, and diluted earnings per share dropped 64% to $0.25, as weak theater traffic, the end of a churro limited-time offer and cost inflation weighed on results. Management said it expects earnings to improve in the second half, but the filing gives no numeric outlook.
Net sales were $356.1 million, down 1.0% from $359.7 million; gross margin fell to 26.9% from 30.1%
Net earnings were $4.8 million, or $0.25 per diluted share, versus $13.3 million, or $0.69, a year earlier
Adjusted earnings per diluted share were $0.35, versus $0.84 a year earlier
Management expects earnings to improve in the second half, citing a projected box office rebound of 30% or more in the fiscal third quarter; the company repurchased about 39 thousand shares for about $5.0 million
J&J Snack Foods reported fiscal first-quarter 2025 results for the period ended December 28, 2024. Net sales rose 4.1% to $362.6 million, but gross margin fell to 25.9% from 27.2%, and net earnings dropped to $5.1 million from $7.3 million, with diluted EPS of $0.26 versus $0.37 a year earlier. The board also approved a $50 million share repurchase authorization effective for two years.
Net sales increased 4.1% to $362.6 million; gross profit fell 0.7% to $93.9 million.
Operating income was $6.2 million versus $9.7 million a year earlier; diluted EPS was $0.26 versus $0.37.
Board approved a $50 million stock repurchase authorization effective for two years.
Company named two veteran leaders to new Chief Customer Officer and Chief Operating Officer roles.
J&J Snack Foods approved a NonQualified Deferred Compensation Plan on November 18, 2024, effective January 1, 2025, letting eligible employees, directors and independent contractors defer pay on a voluntary basis. The filing says company obligations under the plan are unfunded and unsecured, so participants are general creditors of the company.
Plan approved by the Compensation Committee on November 18, 2024; effective January 1, 2025
Eligible employees may defer up to 50% of base salary and up to 95% of short-term bonuses and commissions
Company may make discretionary contributions, which vest after four years of service or on specified events such as a change in control
Participants are unsecured general creditors of the company with respect to deferred compensation
J&J Snack Foods said Shawn Munsell will become Senior Vice President and Chief Financial Officer effective December 2, 2024, replacing Ken Plunk, who is retiring and will support the transition through the end of 2024. Munsell will have overall responsibility for the company's corporate financial operations, and his offer letter sets a $500,000 base salary and a target bonus of 75% of base salary. A change in CFO matters to shareholders because the role oversees all of the company's financial functions.
Shawn Munsell becomes SVP and Chief Financial Officer effective December 2, 2024, succeeding Ken Plunk, whose retirement was announced in June 2024.
Offer letter: $500,000 base salary, 75% target bonus, and a $50,000 sign-on bonus net of taxes, repayable if employment ends within the first twelve months.
Annual long-term incentive restricted stock unit awards valued at $400,000 under the company's current LTIP.
Munsell was CFO of Calavo Growers from June 2022 and previously led finance and accounting for Tyson Foods' chicken segment from 2018 to 2022.
J&J Snack Foods reported fiscal fourth-quarter sales down 3.9% to $426.8 million and diluted EPS down 3.2% to $1.52, compared with the prior-year quarter, which included an extra week. For the full fiscal year ended September 28, 2024, sales rose 1.0% to $1.57 billion and diluted EPS rose 9.1% to $4.45, but the company said softer consumer spending and lower quarterly gross margin weighed on the fourth quarter.
Q4 net sales $426.8 million, down 3.9% as reported and up 3.9% on a normalized basis; Q4 gross margin 31.8%, down 110 basis points
Full-year net earnings $86.6 million, up 9.7%; full-year diluted EPS $4.45, up 9.1%; adjusted EPS $4.93, up 9.6%
Q4 operating income $39.8 million, down 4.5%; Q4 net earnings $29.6 million, down 2.6%
Management will discuss results and business outlook on a conference call on November 14, 2024, at 10:00 a.m. Eastern Time
J&J Snack Foods reported fiscal third-quarter 2024 net sales of $440.0 million, up 3.3%, and net earnings of $36.3 million, up 3.8%, with diluted EPS of $1.87 versus $1.81 a year earlier. Growth came mainly from the Retail and Food Service segments, while Frozen Beverages sales declined 2.6% due to weaker movie theater attendance, which matters to shareholders as it shows continued top-line and profit growth despite a segment-level drag.
Net sales rose 3.3% to $440.0 million; net earnings rose 3.8% to $36.3 million.
Diluted EPS was $1.87 versus $1.81 a year earlier; adjusted EPS was $1.98 versus $1.92.
Retail segment sales rose 12.4% to $68.7 million; Frozen Beverages sales fell 2.6% to $106.8 million.
Management said fiscal fourth quarter results will be impacted by one less sales week than the prior-year period; the filing gives no numeric outlook.
J&J Snack Foods said Chief Financial Officer Ken Plunk notified the company on June 24, 2024 that he will retire effective December 31, 2024. The company plans to search for a successor during the interim period, so shareholders will see a CFO transition later in 2024.
Ken Plunk, Senior Vice President and Chief Financial Officer, notified the company of his retirement on June 24, 2024
Retirement is effective December 31, 2024
The company will conduct a search for its next Chief Financial Officer
J&J Snack Foods reported fiscal second-quarter 2024 results for the period ended March 30, 2024, with net sales of $359.7 million, up 6.5% from a year earlier. Net earnings rose 94.0% to $13.3 million, and diluted EPS was $0.69, and the company said gross margin improved to 30.1%. The results show higher sales and profit for shareholders, though the company also reported $2.3 million in one-time distribution transition costs.
Net sales were $359.7 million, up 6.5%, the highest fiscal second-quarter sales in company history according to management
Net earnings were $13.3 million and diluted EPS was $0.69, compared with $6.9 million and $0.36 in the prior-year quarter
Gross margin rose to 30.1% from 26.8%, and Retail segment sales grew 14.1% to $52.9 million
Results included $2.3 million in one-time transition expenses tied to the Arizona distribution center; a conference call is set for May 7, 2024 at 10:00 a.m. Eastern
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