Monday, July 6, 2009

J&J Snack Foods Q2 net earnings up 81%

Sales increased 4% to $149.4 million from $144.2 million in last year's second quarter.

For the six months ended March 28, 2009, sales increased 6% to $290.49 million from $275.13 million in last year's first half. Net earnings increased 96% to $11.56 million, or $0.62 per diluted share, compared to $5.89 million, or $0.31 per diluted share, in the year-ago period.

Gerald Shreiber, president and CEO of J&J Snack Foods, said: "We are pleased with our overall financial performance for the quarter particularly considering the challenges in the overall economy. All of our business groups contributed as our company continues to outperform others in our sector."


for details visit

http://www.tradingmarkets.com/.site/news/Stock%20News/2291952/


posted by srikanth...july7

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