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J&J SNACK FOODS (JJSF)

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Recent press releases and 8-K filings for JJSF.

JJSF Reports Q4 and Full-Year 2025 Results, Initiates Business Transformation Program
JJSF
Earnings
Share Buyback
New Projects/Investments
  • J&J Snack Foods reported Q4 2025 sales of $410.2 million, a 3.9% decline year-over-year, and full-year 2025 net sales of $1.58 billion, an increase of 0.5%. Adjusted EBITDA for Q4 was $57.4 million and $180.9 million for the full year.
  • The company initiated Project Apollo, a business transformation program, projected to generate at least $20 million in annualized operating income, with $15 million expected from the closure of three facilities.
  • JJSF maintains a strong financial position with $106 million in cash and no debt, and plans to accelerate share repurchases in the current quarter, with approximately $42 million remaining on the authorization.
  • Management expressed optimism for fiscal 2026, citing benefits from Project Apollo, a robust innovation pipeline including new Dippin' Dots retail offerings, and an expected 9% increase in North America box office sales for the theater industry.
Nov 17, 2025, 3:00 PM
J&J Snack Foods Reports Q4 and Full-Year 2025 Results, Initiates Project Apollo for Efficiency
JJSF
Earnings
Guidance Update
New Projects/Investments
  • J&J Snack Foods reported Q4 2025 sales of $410.2 million, a 3.9% decline year-over-year, and adjusted EBITDA of $57.4 million. For the full fiscal year 2025, net sales increased 0.5% to $1.58 billion, with adjusted EBITDA at $180.9 million.
  • The company launched Project Apollo, a business transformation program, targeting at least $20 million of annualized operating income by 2026 through initiatives like three plant closures (expected to save $15 million annually by Q2 2026) and $3 million from distribution system improvements.
  • For fiscal 2026, JJSF is rolling out new commercial initiatives, including a churros limited-time offer with a major QSR and new frozen beverage programs, alongside product innovations such as Protein Pretzels and Dippin' Dots for retail.
  • JJSF maintains a strong balance sheet with $106 million in cash and no long-term debt , and plans to accelerate share repurchase activity in the current quarter, following $3 million in repurchases during Q4 2025.
  • Management aims to improve gross margin to above 30% towards the mid-30s over the next few years, supported by Project Apollo and top-line growth.
Nov 17, 2025, 3:00 PM
J & J Snack Foods Reports Q4 and Full-Year 2025 Results, Initiates Project Apollo
JJSF
Earnings
New Projects/Investments
Share Buyback
  • J & J Snack Foods reported Q4 2025 adjusted EBITDA of $57.4 million on sales of $410.2 million, representing a 3.9% decline in sales versus the prior year, primarily due to lower frozen beverage volumes. For the full fiscal year 2025, net sales increased 0.5% to $1.58 billion, with adjusted EBITDA of $180.9 million.
  • The company initiated Project Apollo, a business transformation program expected to generate at least $20 million of annualized operating income savings. This includes the closure of three facilities for approximately $15 million in annualized savings, and $3 million from distribution system initiatives.
  • JJSF maintains a strong financial position with $106 million in cash and no long-term debt as of quarter-end. The company intends to accelerate share repurchase activity in the current quarter, having repurchased $3 million in Q4.
  • For fiscal 2026, JJSF is rolling out several new products, including a Protein Pretzel for retail, Super Pretzel Pizza Sticks and Queso Sticks, Luigi's Mini Pops, and Dippin' Dots for retail. They also anticipate commercial opportunities such as shipping churros to a major QSR and expanding frozen beverage distribution.
Nov 17, 2025, 3:00 PM
J&J Snack Foods Corp. Reports Fiscal 2025 Fourth Quarter and Full-Year Results
JJSF
Earnings
New Projects/Investments
Share Buyback
  • J&J Snack Foods Corp. reported Net Sales of $410.2 million and Adjusted EBITDA of $57.4 million for the fourth quarter ended September 27, 2025.
  • For the full fiscal year 2025, the company achieved Net Sales of $1,583.2 million and Adjusted EBITDA of $180.9 million.
  • Fourth quarter net sales decreased 3.9% compared to the prior year, primarily due to headwinds in the Frozen Beverage business, while the pretzel business delivered strong results.
  • The company initiated a business transformation program, expected to generate at least $20 million of annualized operating income, which led to approximately $24 million in non-recurring charges during Q4 2025.
  • J&J Snack Foods Corp. maintains a strong balance sheet with $106 million in cash and no debt, and plans to execute its share repurchase authorization.
Nov 17, 2025, 1:05 PM
J&J Snack Foods Corp. Announces Manufacturing Footprint Optimization
JJSF
Profit Warning
New Projects/Investments
Layoffs
  • On August 28, 2025, J&J Snack Foods Corp. committed to a plan to strategically optimize its manufacturing footprint through the closure of certain plants.
  • The company expects to record total pre-tax plant closure and related asset impairment charges of between $12 million and $20 million in its fiscal fourth quarter of 2025 and into fiscal year 2026.
  • These charges include non-cash asset write-downs of $4 million to $8 million, severance and benefit costs of $2 million to $3 million, and other exit and disposal costs of $6 million to $9 million.
  • The closure activities are expected to be completed in fiscal year 2026 and are projected to generate approximately $15 million in annualized pre-tax cost savings.
Aug 28, 2025, 8:32 PM