JJSF Earnings Prediction
The chart below shows how JJSF performed 10 days before and after its earnings report, based on data from the past quarters. Typically, JJSF sees a +2.37% change in stock price 10 days leading up to the earnings, and a +5.44% change 10 days following the report. On the earnings day itself, the stock moves by -1.38%. This data can give you a slight idea of what to expect for the next quarter's release.
JJSF Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
348.31M
-0.86%
-21.53%
Gross Margin
27.16%
5.03%
-17.30%
Operating Margin
2.78%
4.91%
-71.55%
Net Margin
2.09%
10.58%
-69.49%
EPS
0.37
8.82%
-76.43%
No Data Available
JJSF Earnings Analysis
J & J Snack Foods Corp Corporation (JJSF.O) Earnings Conference Call
Positive
Top Line Growth Analysis: Solid top line growth of 4.1% to $362.6 million, driven by volume increases and pricing.
Foodservice Revenue Increase: Foodservice revenue increased by 4.5%, led by a 4.8% increase in soft pretzels due to a rebound in convenience store sales.
Frozen Novelties Sales Growth: Frozen novelties saw an impressive 9.8% sales growth, with Zippin' Dots achieving 8.4% growth driven by theater and new vending channels.
Frozen Beverage Success: The frozen beverage business achieved record first-quarter results, with a 10% volume increase attributed to a 45% growth in theater channels compared to the prior year.
Stock Repurchase Authorization: A new $50 million stock repurchase authorization was approved by the Board, reflecting confidence in long-term value and financial flexibility.
Negative
Gross Margin Decline: Gross margin declined to 25.9% from 27.2% compared to the prior year, reflecting a significant impact from input cost inflation that was not fully offset by price increases.
Operating Income Decline: Operating income for the quarter decreased to $6,200,000 from $9,700,000, indicating a decline in profitability amid rising costs and unfavorable sales mix.
Earnings Decline Analysis: Net earnings fell to $5,100,000 compared to $7,300,000 in the Q1 of fiscal 2024, resulting in earnings per diluted share dropping to $0.26 from $0.37 in the prior year period.
EBITDA Decline and Cost Pressures: Adjusted EBITDA declined to $25,300,000 from $30,200,000 in the Q1 last year, highlighting ongoing challenges in maintaining earnings amid cost pressures.
Churro Sales Decline: Churro sales declined 9.2%, reflecting the loss of limited-time offer volumes from the previous year, contributing to an unfavorable sales mix and impacting overall revenue.
JJSF FAQs
How does JJSF typically perform around its earnings report dates?
Is J & J Snack Foods Corp (JJSF) Q1 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
JJSF Earning Call Sentiment
Earnings call transcript: J&J Snack Foods Q1 2024 misses EPS forecast, stock drops
JJSF.O
-1.29%Positive
The earnings call presents mixed signals: positive revenue growth and stock repurchase authorization are offset by declining gross margins, operational challenges, and competitive pressures. The Q&A indicates management's optimism about future margin improvements and strategic partnerships. However, uncertainties regarding consumer spending and pricing pressures persist. The market cap suggests moderate volatility, leading to a neutral prediction for the stock price movement.
