JJSF - J&J Snack Foods Non-GAAP EPS of $0.42 misses by $0.05 revenue of $351M misses by $9.7M
- J&J Snack Foods press release ( NASDAQ: JJSF ): Q1 Non-GAAP EPS of $0.42 misses by $0.05 .
- Revenue of $351M (+10.2% Y/Y) misses by $9.7M .
- Sales included approximately $13.4 million in revenue from Dippin’ Dots which we report in our frozen novelty category.
- Organic sales growth was driven by growth across all three business segments, led by our core products including pretzels, churros, frozen novelties and frozen beverages.
- Food Service sales exceeded Q1 ’22 by 12.5%.
- Retail segment sales exceeded Q1 ’22 by 0.9%.
- Frozen Beverage segment sales exceeded Q1 ’22 sales by 9.2%.
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J&J Snack Foods Non-GAAP EPS of $0.42 misses by $0.05, revenue of $351M misses by $9.7M