NASDAQ$JJSF

J&J Snack Foods Corp · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Reported sales and earnings for the third quarter ended June 26th, 2021.

J&J Snack Foods Corp. announced a 51% increase in sales, reaching $324.3 million compared to $214.6 million in the same quarter last year. Net earnings were $28.9 million, a significant improvement from the $12.6 million loss in the previous year. Operating income also saw a substantial increase, rising to $38.1 million from a $19.4 million loss last year.

  • Total sales increased by 51% compared to the prior year.
  • Net earnings improved to $28.9 million, a significant turnaround from the $12.6 million loss in the previous year.
  • Operating income increased to $38.1 million, compared to an operating loss of $19.4 million in the prior year.
  • The Frozen Beverages business experienced substantial growth with an 83% increase.

Headline financials

Total Revenue

$324M

Previous: $215M+51.2%
EPS (adj)

$1.51

Previous: -$0.40+477.5%
Capital Expenditures

-$15.6M

Previous: -$10.7M-46.7%
Free Cash Flow

$13.3M

Previous: -$23.3M+156.9%
Net Income

$28.9M

Previous: -$12.6M+328.5%
Operating Income

$38.1M

Previous: -$19.4M+296.4%
Gross Profit

$96.2M

Previous: $37.2M+158.6%
Cash & Equivalents

$276M

Previous: $170M+62.5%
Total Assets

$1.1B

Previous: $1.06B+4.2%
Stock-Based Comp

$982K

Previous: $989K-0.7%

Revenue & EPS history

J&J Snack Foods · Revenue · Quarterly

$324M

Q3 2021+51.2%vs Q3 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

J&J Snack Foods · $324M total across 3 segments · Q3 2021

  • Food Service
    $197M+68.5%
  • Frozen Beverages
    $74M+83.0%
  • Retail Supermarket
    $53.9M-6.3%

Forward guidance

The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s analysis only as of the date hereof. The Company undertakes no obligation to publicly revise or update these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-0.2%

Avg return

Earnings day

-0.8%

Avg return

5 days after

+1.0%

Avg return

30 days after

52%

34 / 65 earnings

Positive

+16.1%

Q2 2024

Best reaction

-15.4%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+0.2%-16.9%-10.9%
Q1 2026-15.4%-13.3%-10.1%
Q4 2025+1.1%+9.3%+13.9%
Q2 2025-11.8%-11.8%-13.8%
Q1 2025-6.5%-7.8%+4.0%
Q4 2024-4.8%-5.5%-4.0%
Q3 2024+1.7%+1.5%+2.4%
Q2 2024+16.1%+18.2%+18.0%
Q1 2024-9.6%-7.5%-10.1%
Q4 2023+2.9%+3.7%+4.1%
Q3 2023+7.8%+9.3%+3.2%
Q2 2023+3.2%+6.3%+0.5%
Q1 2023-4.2%-5.6%-6.1%
Q4 2022+7.8%+11.2%+11.0%
Q3 2022+0.0%+3.5%+7.9%
Q2 2022-11.4%-17.4%-15.9%
Q1 2022-1.0%-0.3%+8.8%
Q4 2021-1.8%-6.7%-2.3%
Q3 2021-0.0%-1.4%-2.9%
Q2 2021-2.5%-1.1%+4.1%
Q1 2021+7.7%-0.3%+2.1%
Q4 2020-1.5%+14.8%+3.2%
Q3 2020-1.9%-4.2%+3.1%
Q2 2020+7.3%+4.8%+17.0%
Q1 2020-11.5%-11.0%-7.9%
Q4 2019-4.9%-4.5%-0.8%
Q3 2019+13.0%+11.1%+15.4%
Q2 2019+0.8%+3.5%+2.7%
Q1 2019+8.5%+7.1%+5.7%
Q4 2018-1.3%-2.6%-2.2%
Q3 2018-5.5%-7.8%-6.4%
Q2 2018-5.0%-4.6%+3.3%
Q1 2018-6.5%-7.9%-9.7%
Q4 2017+4.2%+8.5%+14.6%
Q3 2017-5.3%-4.6%-7.3%
Q2 2017+1.3%+0.1%-1.3%
Q1 2017+0.6%+1.4%+2.5%
Q4 2016-3.4%-1.7%+2.0%
Q3 2016+0.4%+0.4%+0.2%
Q2 2016-0.1%
Q1 2016-1.2%
Q4 2015-7.3%
Q3 2015+5.4%
Q2 2015+2.9%
Q1 2015-14.0%
Q4 2014+0.2%
Q3 2014+2.5%
Q2 2014-2.1%
Q1 2014+8.4%
Q4 2013-2.8%
Q3 2013-1.4%
Q2 2013+2.4%
Q1 2013+3.5%
Q4 2012+2.1%
Q3 2012-1.1%
Q2 2012+10.3%
Q1 2011-4.9%
Q1 2012-4.9%
Q4 2009+2.7%
Q2 2011+2.7%
Q4 2011+2.7%
Q3 2011+3.8%
Q3 2010+3.8%
Q4 2010+3.8%
Q2 2010+1.6%

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