JJSF earnings analysis
What we found in JJSF's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
J & J Snack Foods posted Q2 2026 results with a revenue of $344.8 million, representing a 3.2% decline year-over-year, while EPS was reported at $0.40, slightly exceeding estimates. The company continues to face headwinds from its Food Service segment, particularly in its bakery products, though it anticipates future efficiency gains from its consolidation efforts.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- EPS Exceeds Estimates
- Reported EPS was $0.40, beating estimates of $0.39 by 2.56%.
- Revenue Consistency in Frozen Beverages
- Frozen Beverages segment revenue grew by 3.1% to $78.5 million compared to Q2 2025.
- Gross Margin Improvement
- Gross margin improved to 28.8%, up from 26.9% year-over-year.
- Operating Income Decline Offset by Food Service
- Operating income increased in the Food Service segment to $10.9 million, a 45.4% increase from Q2 2025.
- Reduced Operating Expenses Impact Net Earnings
- Total operating expenses rose by 8.7% to $97.5 million primarily due to plant closure costs.
- Increase in Cash Flows from Operations
- Operating cash flows were $51.6 million for the six months ended March 28, 2026, up from $47.5 million.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Lower Bakery Sales Impact
- Food Service segment saw a decline of 5.0% in sales, attributed to a 16.1% drop in bakery products.
- Increased Operating Expenses
- Operating expenses increased by 8.7% due to $4.8 million in plant closure expenses.
- Deteriorating Retail Segment Performance
- Retail Supermarket segment operating income plummeted by 111.0% to a loss of $385,000.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.4
- Gross margin
- 28.8%
- Operating margin
- 0.5%
- Segment
- Food Service: $214.7M
- Segment
- Retail Supermarket: $51.6M
- Segment
- Frozen Beverages: $78.5M
What they said about what is next.
Outlook deferred to earnings press release / call.
The filing reads about the same as the one before it.
What came before.
- 10-Q · August 7, 2024
- J&J Snack Foods reported Q3 net sales of $439,957,000, up $14,188,000 (3.3%) versus $425,769,000 a year ago, with gross profit rising to $147,766,000 (gross margin ~33.6%). Operating income increased to $50,116,000…
- 10-Q · May 8, 2024
- J&J Snack Foods reported Q2 net sales of $359,734,000, up from $337,854,000 a year earlier, with gross profit rising to $108,243,000 and gross margin expanding to 30.1%. Operating income increased to $17,904,000…
- 10-Q · February 7, 2024
- J&J Snack Foods reported quarterly net sales of $348,308,000, down modestly from $351,343,000 a year earlier, while gross profit rose to $94,585,000. Operating income improved slightly to $9,683,000 and diluted EPS…
- 10-Q · May 4, 2023
- J&J Snack Foods reported a strong quarter with net sales of $337,854,000 (up $56,341,000 or ~20.0% vs. $281,513,000 a year ago) and margin expansion — gross profit rose to $90,384,000 (gross margin ~26.8% vs 23.2% prior…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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