J&J Snack Foods FY26 Q2 earnings drop 65.2% to $1.7 million; net sales fall 3.2% to $344.8 million

• J&J Snack Foods posted fiscal 2026 second-quarter net earnings of $1.7 million, down 65.2%, while earnings per diluted share fell 64% to $0.09.
• Operating income dropped 70.1% to $1.8 million, weighed by $6.5 million in non-recurring plant closure and other non-recurring costs, including $4.1 million non-cash.
• Net sales slipped 3.2% to $344.8 million, with most of the decline tied to anticipated reductions in the bakery business; Food Service net sales fell 5% while Frozen Beverage net sales rose 3.1%.
• Gross margin widened 1.9 percentage points to 28.8%, reflecting Project Apollo transformation initiatives and mix improvements.
• During the quarter, 259,889 shares were repurchased for $22 million, leaving $28 million under the $50 million buyback program.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. J&J Snack Foods Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605060700PRIMZONEFULLFEED9714196) on May 06, 2026, and is solely responsible for the information contained therein.