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J&J Snack Foods reports a 3.9% drop in Q4 revenue to $426.8M, citing softer trends and inefficiencies.
J&J Snack Foods reported a fiscal 2024 fourth-quarter revenue of $426.8 million, a 3.9% decrease from the previous year.
Full-year revenue increased by 1.0% to $1.57 billion.
The company attributed the decline to softer consumer trends and production inefficiencies.
Despite missing analysts' earnings estimates, J&J Snack Foods remains optimistic about its core products and new launches for the upcoming fiscal year.
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J&J Snack Foods reporta una caída del 3,9% en los ingresos del Q4 a $426,8 millones, citando tendencias más suaves e ineficiencias.