J&J Snack Foods Q2 sales rise 6.5% to $359.7 million; net earnings up 94%
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.
Key points
- 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
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.