J & J Snack Foods Reports Fiscal 2024 Fourth Quarter Revenue of $426.8 Million
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J & J Snack Foods reported its fiscal 2024 fourth quarter revenue at $426.8 million, with a full-year revenue increase of 1.0% to $1.57 billion. The company achieved a gross margin of 30.9% and net earnings of $86.6 million, resulting in a diluted EPS of $4.45 and an adjusted EPS of $4.93 for the year.
November 13, 2024 | 9:30 pm
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J & J Snack Foods reported a slight increase in full-year revenue and solid earnings, with a gross margin of 30.9% and net earnings of $86.6 million. The company's financial performance resulted in a diluted EPS of $4.45 and an adjusted EPS of $4.93.
The reported increase in revenue and solid earnings performance, along with a healthy gross margin, suggest a positive short-term impact on JJSF's stock price. The EPS figures indicate strong profitability, which is likely to be well-received by investors.
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