JJSF - J&J Snack Foods Stays Afloat Amid Mounting Concerns
I've been a skeptic when it comes to J&J Snack Foods (JJSF) for some time now. Not much has changed after the first three quarters of the company's fiscal 2018 (ending September). I like J&J as a company — and perhaps even moreso now, after strong top-line results YTD and more detail on what's been a highly successful M&A strategy. The issue long has been valuation, however — and that's a seemingly bigger problem amid significant margin pressure in Q2 and Q3.
As it's been for a while now, the question seems