J J Snack Foods is a leading manufacturer and distributor of snack foods, specializing in a diverse range of high-quality products that cater to various consumer preferences. The company’s offerings include soft pretzels, frozen desserts, and a variety of bakery products that are sold through numerous channels, including supermarkets, convenience stores, and food service operations. J J Snack Foods is committed to innovation and quality, consistently striving to meet the demands of the snack food market while enhancing the snacking experience for consumers.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the shelf-stable food industry, including J&J Snack Foods (NASDAQ:JJSF) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the shelf-stable food industry, including TreeHouse Foods (NYSE:THS) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Simply Good Foods (NASDAQ:SMPL) and the rest of the shelf-stable food stocks fared in Q3.
Let’s dig into the relative performance of Lancaster Colony (NASDAQ:LANC) and its peers as we unravel the now-completed Q3 shelf-stable food earnings season.
Looking back on shelf-stable food stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including B&G Foods (NYSE:BGS) and its peers.
Snack food company J&J Snack Foods (NASDAQ:JJSF) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 3.9% year on year to $426.8 million. Its non-GAAP profit of $1.60 per share was 13.3% below analysts’ consensus estimates.
Global markets are experiencing intense volatility, and while it seemed like a Black Monday for Wall Street was inevitable following a 13% overnight tumble of Japan’s Nikkei 225, stock indices are attemptin
The stock market is on track to gap-open sharply lower on Monday as negative sentiment seen in the final two sessions of last week has carried over into the new week. The index futures were all sharply lower, with the Nasdaq 100 down over 4% and volatility has spiked, with the CBOE Volatility Index, aka VIX, up over 100%.
U.S. stocks are likely to extend their gains as major index futures are modestly higher on Monday. Strong earnings reports continue to support the market, with S&P 500 earnings expected to grow by 5% year-over-year — the highest rate since Q2 2022.
The stock rally that propelled the S&P 500 and the Dow to record highs last week seems to have stalled, with Fed officials remaining non-committal about rate-cut plans.
