J&J Snack Foods Q3 net sales fall 6.2% to $426.0 million; EPS $1.88 vs $2.26
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.
Key points
- 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
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing 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 August 05, 2026.
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