Pennsauken / NJ. (jj) J+J Snack Foods Corporation announced record sales and earnings for its third quarter and nine months ended June 26, 2010. Sales for the third quarter increased six percent to 189,7 million USD from 179,8 million USD in last year´s third quarter. Net earnings increased six percent to 15,9 million USD from 14,9 million USD last year. Earnings per diluted share were 0,85 USD for the June quarter compared to 0,80 USD last year. Operating income increased seven percent to 26,1 million USD this year from 24,4 million USD in the year ago period. For the nine months ended June 26, 2010, sales increased six percent to 496,2 million USD from 470,3 million USD in last year´s nine months. Net earnings increased 21 percent to 32,0 million USD in the nine months from 26,5 million USD last year. Earnings per diluted share were 1,71 USD for the nine months compared to 1,42 USD last year. Operating income increased 22 percent to 52,4 million USD from 43,1 million USD in the year ago period. Gerald B. Shreiber, J+J´s President and Chief Executive Officer: «All of our business groups, led by our ICEE beverage and supermarket businesses, contributed to our record setting sales performance. In a difficult economy, we were able to continue to grow our business».
OTHER TOPICS FROM THIS SECTION FOR YOU:
- Greggs: announces new National Distribution Centre
- Greencore: announces H1-2024 trading update
- Orkla ASA: reports strong profit improvement in Q2-2024
- Cloetta AB: announces Q2-2024 interim report
- Axfood AB: Reports Q2-2024 Financial Results
- Chef Robotics: Launches AI-Powered Food Robot
- Conagra Brands: Reports Fourth Quarter 2024 Results
- Limerston Capital sells Village Bakery to Groupe Menissez
- GrubMarket: Buys Major Foodservice Company in Texas
- Lantmännen acquires Entrack AB
- DPC Dash: Concludes H1-2024 with Sustained Expansion
- Norway: Orkla Food Ingredients acquires FDE
- Fondo Italiano d’Investimento co-invests in Casa della Piada
- Greggs: invests in a new frozen manufacturing and logistics site
- Bundeskartellamt imposes fine against «Fritz!» manufacturer AVM
- Yum China: Celebrates Opening of its 200th KCoffee Store
- Beijing intends to roll out 5’400 food production robots
- K-Citymarket: sees significant sales growth in Finland
- DPC Dash: reaches 900-store milestone in China
- Coffee Holding: Terminates Merger with Delta Corp Holdings