J & J Snack Foods Corp. reported strong third-quarter financial results, with net sales reaching $454.3 million and adjusted EBITDA of $72.0 million. Sales growth in Food Service and Frozen Beverage segments led to a 3.3% increase in net sales compared to the previous year.

The company’s third-quarter performance was driven by sales growth in core businesses such as soft pretzels, bakery, and Dippin’ Dots. Retail sales fell due to reduced promotional activity for frozen novelties and capacity constraints from a facility fire. Sequential margin expansion was supported by a shift towards higher-margin products and recent pricing initiatives.

Looking ahead to fiscal 2026, J & J Snack Foods Corp. remains focused on execution and innovation, with key product launches in pretzels, churros, and frozen beverages. The company is also making progress on better-for-you innovation, including high protein pretzels and clean-label novelties with functional benefits.

Key highlights from the third quarter include a 4.8% increase in Food Service segment sales, a 7.1% decrease in Retail Supermarket segment sales, and a 6.1% increase in Frozen Beverage segment sales. Gross profit increased to $150.0 million, while operating income reached $60.6 million.

Total operating expenses for the quarter were $89.4 million, representing 19.7% of sales. Marketing and selling expenses increased slightly, distribution expenses decreased, and administrative expenses remained flat compared to the previous year quarter. Operating income was $60.6 million, with adjusted operating income at $53.4 million.

Adjusted Earnings per Diluted Share were $2.00, compared to $1.98 in the prior year quarter. The effective tax rate was 27.2%, compared to 27.9% in the previous year quarter. J & J Snack Foods Corp. continues to focus on driving sustainable growth and long-term value for customers, partners, and shareholders.

Read more at GlobeNewswire: J & J Snack Foods Reports Fiscal 2025 Third Quarter