NASDAQ$JJSF

J&J Snack Foods Corp · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

J&J Snack Foods reported strong Q4 2021 results, with net sales increasing by 28% and net earnings rising by 187%.

J&J Snack Foods Corp. reported a strong fourth quarter with a 28% increase in net sales to $323.1 million and a 187% increase in net earnings to $18.9 million. The company exceeded pre-Covid sales levels, driven by growth in the Food Service and Retail segments. Margin pressures from rising supply chain costs were noted, but pricing actions and cost savings initiatives are expected to improve margins.

  • Net sales increased 28% to $323.1 million compared to Q4 2020, and 4% compared to Q4 2019.
  • Food Service sales exceeded Q4 2020 by 35% and surpassed Q4 2019 by 6%.
  • Retail segment sales were 9% below Q4 2020 but grew 29% compared to Q4 2019.
  • Frozen Beverage segment sales beat Q4 2020 sales by 46%.

Headline financials

Total Revenue

$323M

Previous: $253M+27.9%
EPS (adj)

$1.03

Previous: $0.35+194.3%
Capital Expenditures

$19.1M

Previous: $10.2M+87.8%
Free Cash Flow

$8.81M

Previous: $15.3M-42.6%
Net Income

$18.9M

Previous: $6.6M+186.4%
Operating Income

$25.3M

Previous: $3.9M+548.7%
Gross Profit

$91.7M

Previous: $53.9M+70.1%
Cash & Equivalents

$283M

Previous: $278M+1.9%
Total Assets

$1.12B

Previous: $1.06B+6.2%
Stock-Based Comp

$947K

Previous: $1.17M-19.3%

Revenue & EPS history

J&J Snack Foods · Revenue · Quarterly

$323M

Q4 2021+27.9%vs Q4 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

J&J Snack Foods · $241M total across 2 segments · Q4 2021

  • Food Service
    $182M-70.7%
  • Frozen Beverages
    $59.9M-73.5%

Forward guidance

J&J Snack Foods is confident that its dedication to serving customers and managing the business effectively will allow it to navigate short-term challenges and further its position as a leader in the snack foods segment in fiscal 2022.

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 Q4 2021

Historical avgQ4 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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