J&J Snack Foods FY26 Q3 net earnings drop 20.1% to $35.3 million; net sales fall 6.2% to $426 million - JJSF News | RalliesJ&J Snack Foods FY26 Q3 net earnings drop 20.1% to $35.3 million; net sales fall 6.2% to $426 million
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JJSF• Fiscal Q3 results decline year over year
- J&J Snack Foods fiscal Q3 net earnings fell 20.1% to USD 35.3 million; diluted EPS slid 16.8% to USD 1.88.
- Operating income dropped 23.6% to USD 46.3 million; results last year included a USD 9.1 million non-recurring insurance gain.
- Net sales declined 6.2% to USD 426 million, led by an 8.3% drop in Food Service while Retail Supermarket rose 1.7%.
- Non-GAAP adjusted EBITDA decreased 6.4% to USD 67.4 million as freight and fuel costs increased about USD 4.7 million.
- Management raised its annualized plant savings target by USD 5 million to at least USD 20 million, projecting a USD 25 million full-program target.
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