J & J Snack Foods

J&J Snack Foods’ Fiscal 2023 First Quarter Revenue Increases 10.3% to $351.3M

Retrieved on: 
Monday, January 30, 2023
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Churros brand and are seeing strong momentum, including over 30% sales growth in the first quarter.

Key Points: 
  • Churros brand and are seeing strong momentum, including over 30% sales growth in the first quarter.
  • Our actions to improve gross margins helped us deliver 25.9% this quarter versus 24.9% in the prior year period.
  • Also, Dippin Dots is a very seasonal business and, as expected, negatively impacts our results in the first quarter.
  • J&J Snack Foods Corp. will host a conference call to discuss results and business outlook on January 31, 2023, at 10:00 a.m. Eastern Time.

Doc Popcorn Releases New Sugar 'N Spice Flavor Ahead of Holiday Season

Retrieved on: 
Tuesday, November 1, 2022
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PADUCAH, Ky., Nov. 1, 2022 /PRNewswire/ -- Doc Popcorn, the world's largest fresh-popped popcorn franchise retailer today debuted a new Sugar N' Spice flavored popcorn to kick off the holiday season. Available now at all participating Doc Popcorn locations nationwide through January 2023. Sugar 'N Spice is exceptionally nice for sweater weather and seasonal festivities. 

Key Points: 
  • PADUCAH, Ky., Nov. 1, 2022 /PRNewswire/ -- Doc Popcorn , the world's largest fresh-popped popcorn franchise retailer today debuted a new Sugar N' Spice flavored popcorn to kick off the holiday season.
  • Enjoyed individually or combined with our most popular flavor, Better Butter, Sugar 'N Spice flavored popcorn is perfect as an anytime snack, sweet dessert, or holiday gift.
  • "Enjoyed by a fire, on the couch streaming holiday classics, or surrounded by friends and family, we're confident that our new Sugar 'N Spice flavor will become a seasonal favorite."
  • As a better-for-you snack option, Doc Popcorn creates its own proprietary flavor blends using high quality ingredients free of trans fat, MSG, artificial colors and preservatives.

Dippin' Dots and Doc Popcorn Debut Times Square Store

Retrieved on: 
Thursday, August 18, 2022
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NEW YORK, Aug. 18, 2022 /PRNewswire/ -- America's favorite flash-frozen beaded ice cream treat Dippin' Dots has debuted a Times Square store that opened this month through an agreement with multi-unit franchisee Neil Hershman. The new store, at 234 W. 42nd Street, is co-branded with sister brand Doc Popcorn. Dippin' Dots was recently acquired by J&J Snack Foods Corp. (NASDAQ: JJSF), a leader and innovator in the snack food industry for over 50 years.

Key Points: 
  • The new store, at 234 W. 42nd Street, is co-branded with sister brand Doc Popcorn .
  • "We are grateful for our partnership with Neil to bring Dippin' Dots ice cream and our fantastic Doc Popcorn product to the 50 million visitors that pass through Times Square each year."
  • Hershman opened a flagship Dippin' Dots and Doc Popcorn store in the Flatiron District in April 2021, followed by a second location in Downtown Brooklyn this past April.
  • Doc Popcorn handcrafts a wide variety of fresh-popped specialty flavors of popcorn free of trans fat, MSG, artificial colors and preservatives.

J & J Snack Foods Corp. Appoints Mary Meder to Board of Directors

Retrieved on: 
Tuesday, August 16, 2022
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PENNSAUKEN, N.J., Aug. 16, 2022 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) today announced the appointment of Mary Meder to the Board of Directors, effective September 1, 2022.

Key Points: 
  • PENNSAUKEN, N.J., Aug. 16, 2022 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ: JJSF) today announced the appointment of Mary Meder to the Board of Directors, effective September 1, 2022.
  • We are delighted to welcome Mary Meder to the J & J Snack Foods Board of Directors, said Dan Fachner, President & CEO at J & J Snack Foods.
  • The Company added that this addition to the Board reinforces its commitment to professional and gender diversity on its Board of Directors.
  • About J&J Snack Foods Corp.
    J&J Snack Foods Corp. (NASDAQ: JJSF) is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice and retail supermarket outlets.

J & J SNACK FOODS SCHEDULES THIRD QUARTER CONFERENCE CALL

Retrieved on: 
Thursday, July 7, 2022
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PENNSAUKEN, N.J., July 07, 2022 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its conference call to discuss third quarter 2022 results is scheduled for Wednesday August 3rd at 9:00 am Eastern time.

Key Points: 
  • PENNSAUKEN, N.J., July 07, 2022 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its conference call to discuss third quarter 2022 results is scheduled for Wednesday August 3rd at 9:00 am Eastern time.
  • The Company stated that it expects to release its results for the quarter ended June 25, 2022, at 4:15 pm Eastern time on Tuesday August 2nd.
  • J&J Snack Foods Corp. (NASDAQ: JJSF) is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice and retail supermarket outlets.
  • J&J Snack Foods Corp. has approximately twenty manufacturing facilities and generates more than $1 billion in annual revenue.

J&J Snack Foods Corp. Announces Closing of Dippin’ Dots Acquisition

Retrieved on: 
Tuesday, June 21, 2022
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PENNSAUKEN, N.J., June 21, 2022 (GLOBE NEWSWIRE) -- J&J Snack Foods Corp. (NASDAQ: JJSF), a leader and innovator in the snack food industry, announced today that it has closed the previously announced acquisition of Dippin Dots, L.L.C., a leading producer of flash-frozen beaded ice cream treats.

Key Points: 
  • PENNSAUKEN, N.J., June 21, 2022 (GLOBE NEWSWIRE) -- J&J Snack Foods Corp. (NASDAQ: JJSF), a leader and innovator in the snack food industry, announced today that it has closed the previously announced acquisition of Dippin Dots, L.L.C., a leading producer of flash-frozen beaded ice cream treats.
  • The acquisition also includes the Doc Popcorn business operated by Dippin Dots.
  • This is a significant day for J&J Snack Foods as we close the largest acquisition in our companys 50+ year history said Dan Fachner, President & Chief Executive Officer at J&J Snack Foods.
  • About J&J Snack Foods Corp.
    J&J Snack Foods Corp. (NASDAQ: JJSF) is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice and retail supermarket outlets.

sweetFrog and ICEE Team Up on a New Sorbet Swirl this Summer

Retrieved on: 
Thursday, June 9, 2022
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There are more than 250 sweetFrog locations in over 25 states and the Dominican Republic.

Key Points: 
  • There are more than 250 sweetFrog locations in over 25 states and the Dominican Republic.
  • In 2018, sweetFrog was acquired by MTY Franchising USA, Inc., a member of one of the fastest growing franchising conglomerates in the world.
  • The brand portfolio includes ICEE, SLUSH PUPPIE, PARROT-ICE fruit smoothies, THELMA's frozen lemonade, and frozen cocktails.The ICEE Company is also a major service provider to the foodservice category through ICEE Managed Service.
  • The ICEE Company is a subsidiary of J&J Snack Foods Corp. (NASDAQ-JJSF), and operates Service Centers throughout the United States, Mexico, Canada.

J&J Snack Foods Corp. Announces Appointment of Two New Board Members; Declares Quarterly Dividend

Retrieved on: 
Friday, May 20, 2022
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Fachner and Jackson bring decades of experience in CPG, retail, foodservice and restaurant operations with them to the JJSF Board.

Key Points: 
  • Fachner and Jackson bring decades of experience in CPG, retail, foodservice and restaurant operations with them to the JJSF Board.
  • Dan Fachner joins the board after 12 months in his role as President & CEO of J&J Snack Foods.
  • We are pleased to welcome Dan Fachner and Roy Jackson to the J&J Snack Foods Board of Directors, said Vince Melchiorre, Chair of the Nominating & Corporate Governance Committee at J&J Snack Foods.
  • About J&J Snack Foods Corp.
    J&J Snack Foods Corp. (NASDAQ: JJSF) is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice and retail supermarket outlets.

J&J SNACK FOODS TO ACQUIRE DIPPIN’ DOTS

Retrieved on: 
Thursday, May 19, 2022
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PENNSAUKEN, N.J., May 19, 2022 (GLOBE NEWSWIRE) -- J&J Snack Foods Corp. (NASDAQ: JJSF) (“J&J” or the “Company”), a leader and innovator in the snack food industry, announced today that it has entered into a definitive agreement to acquire Dippin’ Dots, L.L.C., a leading producer of flash-frozen beaded ice cream treats, for $222 million, subject to customary purchase price adjustments. The transaction will be funded through a combination of cash and senior debt financing and is expected to be accretive to J&J’s annual operating results and is anticipated to close by the end of June 2022, subject to customary closing conditions.

Key Points: 
  • Dippin Dots is headquartered in Paducah, KY, along with a main production facility, warehousing, distribution, and administrative offices.
  • Ken Plunk, J&J Snack Foods Chief Financial Officer added Dippin Dots presents an opportunity to acquire a company that aligns with our focus on accelerating growth while delivering incremental shareholder value.
  • Scott Fischer, CEO of Dippin Dots, added, The Dippin Dots team is thrilled to be joining the J&J Snack Foods family.
  • About J&J Snack Foods Corp.
    J&J Snack Foods Corp. (NASDAQ: JJSF) is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice and retail supermarket outlets.

J & J SNACK FOODS SCHEDULES SECOND QUARTER CONFERENCE CALL

Retrieved on: 
Tuesday, April 5, 2022
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PENNSAUKEN, N.J., April 05, 2022 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its conference call to discuss second quarter 2022 results is scheduled for Tuesday May 3rd at 10:00 am Eastern time.

Key Points: 
  • PENNSAUKEN, N.J., April 05, 2022 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its conference call to discuss second quarter 2022 results is scheduled for Tuesday May 3rd at 10:00 am Eastern time.
  • The Company stated that it expects to release its results for the quarter ended March 26, 2022, at 4:15 pm Eastern time on Monday May 2nd.
  • J&J Snack Foods Corp. (NASDAQ: JJSF) is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice and retail supermarket outlets.
  • J&J Snack Foods Corp. has approximately twenty manufacturing facilities and generates more than $1 billion in annual revenue.