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BUZZ-J & J Snack Foods down after first-quarter profit miss

ReutersFeb 4, 2025 4:56 PM

** Shares of snack foods manufacturer J & J Snack Foods Corp JJSF.O down as much as 12% to a more than four-year low of $116.60

** Company posted Q1 profit that missed Wall Street estimates after market close on Monday, hurt by cost inflation of chocolates, eggs and proteins, along with negative foreign exchange impacts

** JJSF reported a Q1 adjusted EPS of 33 cents missing estimates of 59 cents, according to data compiled by LSEG

** Posted Q1 net sales of $362.6 mln vs ests. of $361.67

** JJSF fell ~7% in 2024

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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