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

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