Sign in

    Connor Rattigan

    Senior Equity Research Analyst and Vice President at Consumer Edge Research

    Connor Rattigan, CFA, is a Senior Equity Research Analyst and Vice President at Consumer Edge Research, specializing in food companies and small- to mid-cap consumer staples. He covers firms such as McCormick & Co., JM Smucker, and B&G Foods, maintaining a track record with a 100% success rate and strong average returns across four stocks evaluated. Rattigan began his career at Liberty Mutual Insurance in 2018, focusing on strategy and analytics before joining Consumer Edge, and holds a Bachelor of Science in Finance and Accounting from Boston College. He is a CFA charterholder, reflecting rigorous financial knowledge and industry credentials.

    Connor Rattigan's questions to J&J SNACK FOODS (JJSF) leadership

    Connor Rattigan's questions to J&J SNACK FOODS (JJSF) leadership • Q4 2024

    Question

    Connor Rattigan asked about the specific channels experiencing the greatest traffic pressure and the company's confidence that these headwinds will not persist into fiscal 2025. He also requested more detail on the Q4 margin pressure, particularly the mix headwind and any other factors like inflation or promotions.

    Answer

    CEO Daniel Fachner expressed confidence in a 2025 rebound, highlighting the theater channel's strong upcoming film slate and an expected post-election improvement in consumer sentiment. CFO Ken Plunk explained that the Q4 margin pressure was amplified by losing a peak sales week for high-margin products like pretzels and ICEE. He noted that a sales mix shift toward lower-margin bakery and handheld products accounted for an estimated 80 basis point negative impact on the margin rate for the quarter.

    Ask Fintool Equity Research AI