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J&J Snack Foods Corp (JJSF) stock

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NASDAQ: JJSF Nasdaq Packaged Foods & Meats Next results ~November 17, 2026

C+ Fundamentals grade

J&J Snack Foods Corp is a US-listed company in the packaged foods & meats industry. Its financial year ends in September.

Stock price today

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Third-party market data · may be delayed

Fair value per share

~$74

Cash-flow model

Base case. Range ~$56–$98 across our lower- and higher-growth cases (-3%–7% a year).

Price vs value

Modestly overvalued

The price is inside our value range, 21% above our base value.

Price used: $89.18, November 2, 2026

J&J Snack Foods Corp valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 0 selling1 purchase and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds132 adding, 117 cuttingOf 41 active managers that changed their stake, 17 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter J&J Snack Foods files

Where J&J Snack Foods stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $1.52bn, down 4.7% on a year earlier, a steeper fall than the 2.0% decline a quarter earlier. That puts it 19 of 23 for growth among the packaged foods & meats companies we cover. Free-cash-flow margin rose to 6.0% from 4.2% a year earlier. Operating margin narrowed to 3.9% from 7.0%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 5 of our 6 financial-health checks. Our cash-flow model value is $74.11 a share, against a share price of $83.18. At that price, our model says the market is pricing in about 4.0% a year of cash-flow growth for five years, close to the 5.9% a year revenue growth it has delivered.

Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 17, 2026 (estimated)

J&J Snack Foods Corp's trailing-twelve-month revenue fell 4.7% year on year, with a free-cash-flow margin of 6.0%. Where it stands out: long-term debt as % of assets of 2.1% ranks 4 of 35 packaged foods & meats companies we cover. Where it lags: days sales outstanding of 50 days ranks 31 of 35 packaged foods & meats companies we cover.

Our discounted-cash-flow model values the business at ~$74 per share in the base case (~$56–$98 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 38.2% while net income fell 41.2%: a 79pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 2.0% in a year, so each share owns more of the business.

Things to watch

  • Results due soon. Results are expected around 16 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 4.7% over the last 12 months.
  • Margins narrowing. Operating margin is down 3.1 points on a year ago.
  • Growth easing. The growth rate is 2.6 points lower than a quarter earlier.
  • Below peers: days sales outstanding. Days sales outstanding of 50 days ranks 31 of 35 packaged foods & meats companies we cover (median 33 days).
  • Heavily shorted. 13.8% of the shares available to trade are sold short (4.8 days of average volume to cover).

Latest results: FY2026 Q3

Filed August 6, 2026
Earnings per share
$1.96 against an average estimate of $1.70: beat by 15.1%
Revenue
$426m, down 6.2% on a year earlier
Share reaction
+16.8% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Guidance given
annualized plant consolidation savings target $20m (); full plant consolidation savings program target $25m ()
Next report
November 17, 2026; average EPS estimate $1.25

J&J Snack Foods' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+4.4%
  • 1 week+7.4%
  • 1 month+14.0%
  • This year+1.7%
  • 1 year+9.4%
  • 5 years-35.5%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$1.5B
Operating margin
3.9%
Net margin
3.2%
EPS (TTM, diluted)
$2.57

Growth

Revenue growth
−4.7%
Change in growth rate
−2.6 pts
Share count change
−2.0%

Cash

Free cash flow (TTM)
$92M
FCF margin
6.0%
Stock pay % of revenue
0.4%

Earnings

Last results
August 5, 2026
Next results (est.)
November 16, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Guidance

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

J&J Snack Foods Corp valuation models and calculator

What the price is pricing in

The share price implies about 4.4% a year of cash-flow growth for five years.That is close to the 5.9% a year revenue growth J&J Snack Foods has delivered.

  • Priced in4.4%
  • Last 12 months-4.7%
  • 3 years a year0.2%
  • 5 years a year5.9%

Our cash-flow model with every input fixed except growth over the next five years, solved for the growth at which the model value equals the share price ($85.51, Nov 3, 2026). Cash-flow growth then fades to 2.5% a year; discount rate 8.5%. Delivered figures are revenue growth from SEC filings. This is a model exercise, not investment advice or a forecast of the share price. All companies

Fundamentalytics rating

model v1.6 · 2026-11-03
Hold12-month view
12-month price target
~$74
Price used
$85.51close November 3, 2026
Implied change
▼ 13%
Uncertainty
Medium

How we got here: a discounted-cash-flow model of J&J Snack Foods Corp's free cash flow after stock-based pay with after-tax interest added back ($81.6M, FY2026 Q3 TTM), growing 1.2% and 2% in the next two years (forecasts, guidance and its record), then back to 2% by year five, and fading to 2.5%, discounted at 8.5%. Lower and higher growth cases span ~$56–~$98 ; that spread sets a 25% margin before we rate Buy or Sell.

Produced by Fundamentalytics' automated valuation model on November 3, 2026, using delayed market prices. Rating meanings, methodology and conflicts: recommendations disclosure and research disclaimer. General research, not personal advice — it does not consider your circumstances. Prices can fall as well as rise.

Our value per share comes from a discounted-cash-flow model of J&J Snack Foods Corp's free cash flow after stock-based pay ( $81.6M, FY2026 Q3 TTM, with after-tax interest added back): growth for five years as below (the first two years from forecasts, guidance and the company's record), fading to 2.5%, discounted at 8.5%, then cash added and debt and other claims subtracted. These are model values under stated assumptions, not price targets or recommendations.

Valuation models

We value J&J Snack Foods Corp as an operating company, with every model that fits that kind of business. Cost of equity 7%: the 10-year Treasury yield (4.9%) plus a beta of 0.43 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. ~$74 ~$56–$98 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$40 ~$42–$67 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$50 ~$36–$72 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$51 ~$44–$62 Included
Combined value Weighted average of the models that apply: the primary model (cash-flow model (dcf)) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$58 ~$40–$74 4 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare J&J Snack Foods Corp with Packaged Foods & Meats in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

What moves the value

  • Revenue growth 5 points lower ▼ −25%
  • Revenue growth 5 points higher ▲ +32%
  • Free-cash-flow margin 1 point lower ▼ −16%
  • Last year's free-cash-flow margin change, if it persists ▲ +42%
  • Discount rate 1 point higher ▼ −14%
Value per share under different assumptions
Discount rate ↓ / growth → −5% growth0% growth5% growth10% growth15% growth20% growth
7% $65$88$118$157$209$275
8.5% $50$67$88$116$153$200
10% $41$54$71$92$120$156

Valuation multiples over time Market data may be delayed

At fiscal year end 2016201720182019202020212022202320242025Now
Share price$99.04$110.27$128.29$164.73$112.28$136.47$123.57$150.78$160.36$92.03$89.18
Market value$1.9bn$2.1bn$2.4bn$3.1bn$2.1bn$2.6bn$2.4bn$2.9bn$3.1bn$1.8bn$1.7bn
+ Net debt (− = net cash)−$127m−$91m−$111m−$192m−$196m−$283m$20m−$23m−$73m−$106m−$35m
Enterprise value$1.7bn$2.0bn$2.3bn$2.9bn$1.9bn$2.3bn$2.4bn$2.9bn$3.0bn$1.7bn$1.7bn
Multiples
Price / sales 1.9x1.9x2.1x2.6x2.1x2.3x1.7x1.9x2.0x1.1x1.1x
Price / earnings 24.5x26.2x23.3x32.9x116.7x47.0x50.3x36.9x36.0x27.4x34.7x
Price / free cash flow 25.6x39.0x38.1x34.6x62.3x54.5x—43.1x31.3x21.9x18.6x
EV / EBITDA 11.3x12.4x14.6x17.7x27.6x19.3x20.8x16.7x16.2x10.7x12.3x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

68 /100

Moderate moat

How hard J&J Snack Foods's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Cash operating profit has been a median 20.2% of total assets over 10 years.

  • Pricing power 11 / 20

    Gross margin has been a median 29.7%, moving by 2.3 percentage points (standard deviation) across 10 years.

  • Durability 9 / 20

    Operating margin has been a median 6.5%; its worst year was 3.9%.

  • Cash conversion 12 / 20

    Free cash flow was positive in 9 of 10 years, at a median 5.5% of revenue.

  • Discipline 17 / 20

    The diluted share count rose 0.3% over five years; stock-based pay has been a median 0.4% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 17, 2026, before the open. Analysts expect revenue of $398m and EPS of $1.25 (range $1.20 to $1.34) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $3.93 −8% $1.5bn −5%
Next $4.14 +5% $1.5bn +2%

Next year's EPS estimate has moved −4.5% in 90 days, across 3 analysts.

Earnings against estimates

Quarter toEstimateActualSurprise
Jun 2026 $1.70 $1.96 +15.1%
Mar 2026 $0.39 $0.40 +3.5%
Dec 2025 $0.36 $0.33 −8.3%
Sept 2025 $1.24 $1.58 +27.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, August 5, 2026
  • annualized plant consolidation savings target about $20m Raised
    “Gross margin expanded 240 basis points to 35.5%, and Apollo-driven plant consolidation savings are running ahead of plan, giving us the confidence to raise our annualized plant savings target by $5 million to at least $20 million and the full program target to $25 million.” source
  • full plant consolidation savings program target about $25m Raised
    “Gross margin expanded 240 basis points to 35.5%, and Apollo-driven plant consolidation savings are running ahead of plan, giving us the confidence to raise our annualized plant savings target by $5 million to at least $20 million and the full program target to $25 million.” source

Figures and quotations are management's, copied from the company's own press release (SEC 8-K exhibit) and checked word for word against it. Forward-looking statements are the company's expectations, not ours and not advice; guidance can change or be missed.

How our valuation uses these forecasts

Our cash-flow model grows J&J Snack Foods Corp's revenue by +1.2% next year and +2.0% the year after, then fades back toward its own record by year five. Next year's rate weighs analysts' consensus (+0.6%, weight 60%) and the company's own record (+2.0%, weight 40%) . How the weights are set.

Analyst recommendations

3 analysts, Oct 2026
Buy3100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202633
  2. Sep 202633
  3. Aug 2026213

Counts of recommendations published by analysts covering J&J Snack Foods Corp, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
13.8%
of tradable shares
Days to cover
4.84
at average volume
Short interest, 1 month
−10%
to September 30, 2026
Held by institutions
80%
of shares
Held by insiders
22.3%
of shares
Employees
4,600
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months +9.4%

$81.48 on October 31, 2025 to $89.18

ThenNowEffect
Revenue (last 12 months) $1.6bn $1.5bn −4.7%
Net margin 5.2% 3.2% −38.4%
P/E multiple 19.0x 34.7x +82.6%
Share count 20m 19m +2.0%

Biggest factor: p/e multiple.

Last 3 years −39.3%

$146.99 on November 3, 2023 to $89.18

ThenNowEffect
Revenue (last 12 months) $1.5bn $1.5bn +0.6%
Net margin 4.3% 3.2% −25.6%
P/E multiple 43.1x 34.7x −19.5%
Share count 19m 19m +0.7%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
JJSF+3%−3%+14%−5%−40%+2%
Industry peers (median)+9%−3%−5%−2%−16%−16%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
JJSF33%42%75%58%17%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
JJSF−25%−27%−15%−20%−46%−28%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 59% from October 4, 2019 to May 12, 2026. Getting back needed a 146% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$68.52 – $95.56
From 52-week high
−6.7%
vs 50-day average
+9.0%
vs 200-day average
+11.2%
Volatility (1 year)
34%
Beta vs S&P 500
-0.35

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
5 up, 7 down
typical move ±9.0%
After a week
4 up, 8 down
typical move ±8.7%
After a month
5 up, 7 down
typical move ±8.8%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 +16.8% −0.4% +13.9% +9.3%
May 6, 2026 −10.5% +1.1% −15.4% −10.8%
February 3, 2026 −11.6% −1.3% −13.2% −10.1%
November 17, 2025 +7.8% −1.8% +6.7% +14.8%
August 5, 2025 −3.4% +0.3% −2.1% −6.0%
May 6, 2025 −13.7% −0.4% −11.6% −13.8%
February 3, 2025 −9.6% 0.0% −8.8% −1.9%
November 13, 2024 −4.8% −0.6% −5.7% −4.0%
August 5, 2024 +1.7% −2.0% 0.0% +2.4%
May 6, 2024 +16.1% +1.1% +18.0% +18.0%
February 5, 2024 −9.6% −0.1% −5.9% −10.1%
November 15, 2023 +2.9% +0.3% +2.7% +4.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Options strategies

All options ideas

How J&J Snack Foods Corp’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.

Cash-secured put

Not offered: fundamentals grade C+ (needs B+ or better).

We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.

Covered call

Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.

For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.

Collar

Not offered: no liquid put and call pair for the same expiry.

For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.

General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.

J&J Snack Foods Corp in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet Value

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) J&J Snack Foods Corp
$1.5B $1.5B $1.6B $1.6B $1.6B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $1.6B Revenue (TTM), FY24 Q1: $1.6B Revenue (TTM), FY24 Q2: $1.6B Revenue (TTM), FY24 Q3: $1.6B Revenue (TTM), FY24 Q4: $1.6B Revenue (TTM), FY25 Q1: $1.6B Revenue (TTM), FY25 Q2: $1.6B Revenue (TTM), FY25 Q3: $1.6B Revenue (TTM), FY25 Q4: $1.6B Revenue (TTM), FY26 Q1: $1.6B Revenue (TTM), FY26 Q2: $1.6B Revenue (TTM), FY26 Q3: $1.5B $1.5B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $1.6B
FY24 Q1 $1.6B
FY24 Q2 $1.6B
FY24 Q3 $1.6B
FY24 Q4 $1.6B
FY25 Q1 $1.6B
FY25 Q2 $1.6B
FY25 Q3 $1.6B
FY25 Q4 $1.6B
FY26 Q1 $1.6B
FY26 Q2 $1.6B
FY26 Q3 $1.5B
Revenue growth, TTM YoY J&J Snack Foods Corp
-5% 0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 12.9% Revenue growth, TTM YoY, FY24 Q1: 10.1% Revenue growth, TTM YoY, FY24 Q2: 7.3% Revenue growth, TTM YoY, FY24 Q3: 5.0% Revenue growth, TTM YoY, FY24 Q4: 1.0% Revenue growth, TTM YoY, FY25 Q1: 2.1% Revenue growth, TTM YoY, FY25 Q2: 0.5% Revenue growth, TTM YoY, FY25 Q3: 0.5% Revenue growth, TTM YoY, FY25 Q4: 0.5% Revenue growth, TTM YoY, FY26 Q1: -1.6% Revenue growth, TTM YoY, FY26 Q2: -2.0% Revenue growth, TTM YoY, FY26 Q3: -4.7% -4.7%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 12.9%
FY24 Q1 10.1%
FY24 Q2 7.3%
FY24 Q3 5.0%
FY24 Q4 1.0%
FY25 Q1 2.1%
FY25 Q2 0.5%
FY25 Q3 0.5%
FY25 Q4 0.5%
FY26 Q1 -1.6%
FY26 Q2 -2.0%
FY26 Q3 -4.7%
Operating margin (TTM) J&J Snack Foods Corp
3% 4% 5% 6% 7% 8% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 7.0% Operating margin (TTM), FY24 Q1: 7.1% Operating margin (TTM), FY24 Q2: 7.5% Operating margin (TTM), FY24 Q3: 7.5% Operating margin (TTM), FY24 Q4: 7.5% Operating margin (TTM), FY25 Q1: 7.2% Operating margin (TTM), FY25 Q2: 6.4% Operating margin (TTM), FY25 Q3: 7.0% Operating margin (TTM), FY25 Q4: 5.3% Operating margin (TTM), FY26 Q1: 5.0% Operating margin (TTM), FY26 Q2: 4.8% Operating margin (TTM), FY26 Q3: 3.9% 3.9%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 7.0%
FY24 Q1 7.1%
FY24 Q2 7.5%
FY24 Q3 7.5%
FY24 Q4 7.5%
FY25 Q1 7.2%
FY25 Q2 6.4%
FY25 Q3 7.0%
FY25 Q4 5.3%
FY26 Q1 5.0%
FY26 Q2 4.8%
FY26 Q3 3.9%
FCF margin (TTM) J&J Snack Foods Corp
4% 5% 6% 7% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 4.3% FCF margin (TTM), FY24 Q1: 6.8% FCF margin (TTM), FY24 Q2: 6.7% FCF margin (TTM), FY24 Q3: 6.8% FCF margin (TTM), FY24 Q4: 6.3% FCF margin (TTM), FY25 Q1: 5.4% FCF margin (TTM), FY25 Q2: 5.3% FCF margin (TTM), FY25 Q3: 4.2% FCF margin (TTM), FY25 Q4: 5.2% FCF margin (TTM), FY26 Q1: 5.3% FCF margin (TTM), FY26 Q2: 5.8% FCF margin (TTM), FY26 Q3: 6.0% 6.0%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 4.3%
FY24 Q1 6.8%
FY24 Q2 6.7%
FY24 Q3 6.8%
FY24 Q4 6.3%
FY25 Q1 5.4%
FY25 Q2 5.3%
FY25 Q3 4.2%
FY25 Q4 5.2%
FY26 Q1 5.3%
FY26 Q2 5.8%
FY26 Q3 6.0%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar J&J Snack Foods took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $1.6B
  2. Cost of revenue $1.1B · 70.3%
  3. Gross profit $470M · 29.7%
  4. Selling, general and admin $201M · 12.7%
  5. Other operating costs $183M · 11.5%
  6. Operating income $84.3M · 5.3%
  7. Income tax $20.8M · 1.3%
  8. Net income $65.6M · 4.1%

Shares of revenue. Source: J&J Snack Foods's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Sept 2009 2010 Sept 2010 2011 Sept 2011 2012 Sept 2012 2013 Sept 2013 2014 Sept 2014 2015 Sept 2015 2016 Sept 2016 2017 Sept 2017 2018 Sept 2018 2019 Sept 2019 2020 Sept 2020 2021 Sept 2021 2022 Sept 2022 2023 Sept 2023 2024 Sept 2024 2025 Sept 2025 LTM Jun 2026
Income
Revenue 653 697 744 831 868 919 976 993 1,084 1,138 1,186 1,022 1,145 1,381 1,559 1,575 1,583 1,525
Gross profit 209 228 230 250 263 288 301 304 331 336 350 238 299 370 470 486 470 477
EBITDA 90 107 107 116 131 144 149 153 161 157 166 70 121 115 173 188 158 136
Operating income 67 77 77 85 97 107 111 113 118 111 117 17 71 62 110 118 84 60
Net income 41 48 55 54 64 72 70 76 79 104 95 18 56 47 79 87 66 49
Diluted EPS $2.21 $2.59 $2.93 $2.86 $3.41 $3.82 $3.73 $4.05 $4.21 $5.51 $5.00 $0.96 $2.91 $2.46 $4.08 $4.45 $3.36 $2.57
Growth (year on year)
Revenue — +6.7% +6.8% +11.7% +4.4% +6.0% +6.2% +1.7% +9.2% +5.0% +4.2% −13.8% +12.0% +20.6% +12.9% +1.0% +0.5% −4.7%
EBITDA — +19.4% −0.2% +8.5% +13.0% +9.9% +3.6% +2.5% +5.0% −2.1% +5.3% −57.6% +71.7% −4.7% +50.2% +9.0% −16.2% −26.7%
Operating income — +15.3% −0.8% +10.9% +14.6% +9.7% +3.8% +1.7% +4.7% −6.2% +5.6% −85.3% — −13.2% +77.2% +7.3% −28.3% −46.6%
Net income — +17.2% +13.7% −1.7% +19.0% +11.5% −2.3% +8.3% +4.2% +30.8% −8.5% −80.7% — −15.1% +67.0% +9.7% −24.2% −41.2%
Diluted EPS — +17.2% +13.1% −2.4% +19.2% +12.0% −2.4% +8.6% +4.0% +30.9% −9.3% −80.8% — −15.5% +65.9% +9.1% −24.5% −40.1%
Margins
Gross margin 32.0% 32.7% 30.9% 30.1% 30.3% 31.3% 30.8% 30.7% 30.5% 29.5% 29.5% 23.3% 26.1% 26.8% 30.1% 30.9% 29.7% 31.3%
EBITDA margin 13.7% 15.4% 14.4% 14.0% 15.1% 15.7% 15.3% 15.4% 14.8% 13.8% 14.0% 6.9% 10.5% 8.3% 11.1% 11.9% 10.0% 8.9%
Operating margin 10.3% 11.1% 10.3% 10.2% 11.2% 11.6% 11.4% 11.4% 10.9% 9.7% 9.9% 1.7% 6.2% 4.5% 7.0% 7.5% 5.3% 3.9%
Net margin 6.3% 6.9% 7.4% 6.5% 7.4% 7.8% 7.2% 7.7% 7.3% 9.1% 8.0% 1.8% 4.9% 3.4% 5.1% 5.5% 4.1% 3.2%
Free-cash-flow margin 8.2% 4.9% 6.9% 5.6% 5.8% 7.4% 5.7% 7.3% 4.9% 5.6% 7.6% 3.4% 4.2% −4.4% 4.3% 6.3% 5.2% 6.0%
Cash flow
Cash from operations 81 68 80 89 87 107 104 121 125 123 147 92 101 26 172 173 165 167
Capital spending 27 34 29 43 36 39 49 49 72 60 57 58 54 87 105 74 83 75
Free cash flow 53 34 51 47 51 68 55 73 53 63 90 34 48 −61 68 99 82 92
Stock-based pay 2 1 1 1 2 2 2 2 3 4 4 5 4 4 5 6 6 6
Free cash flow after stock pay 52 33 50 45 49 66 53 70 50 59 86 30 44 −65 62 93 76 86
Balance sheet
Cash 60 75 87 154 97 92 134 141 91 111 192 196 283 35 50 73 106 63
Total debt 0 0 0 0 0 0 0 14 0 0 0 0 0 55 27 0 0 28
Net debt (negative = net cash) −60 −75 −87 −154 −97 −92 −134 −127 −91 −111 −192 −196 −283 20 −23 −73 −106 −35
Diluted shares 19m 19m 19m 19m 19m 19m 19m 19m 19m 19m 19m 19m 19m 19m 19m 19m 20m 19m
Returned to shareholders
Dividends — 8 9 10 11 21 26 29 31 33 37 42 45 48 54 57 61 61
Buybacks 13 8 — 8 15 8 8 15 18 3 0 9 0 0 0 0 8 78
Total returned 13 16 9 18 26 28 34 44 49 36 37 51 45 48 54 57 69 139

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

5 of 6 checks passed · June 27, 2026
What it owns · $1.4bn
Short-term assets $462mLonger-term assets $894m
What it owes, and who funded it · $1.1bn
Short-term liabilities $197mShareholders' equity $892m
  • Short-term assets cover short-term liabilities $462m of assets due within a year against $197m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $63m of cash against $28m of debt.
  • Debt below 40% of shareholders' equity Debt is 3% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 0% to 3% over five years.
  • A year's operating cash flow covers at least 20% of debt $167m of operating cash flow against $28m of debt.
  • Operating profit covers interest at least five times over Operating income of $60m against $2m of interest.

From J&J Snack Foods Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$77.7M
Dividends (TTM)
$60.9M
Returned to shareholders
151%
of free cash flow
Buybacks, last 3 fiscal years
$8M
Diluted share count
−2.0%
year over year
Total shareholder yield
8.3%
dividends 3.7% + buybacks 4.7% of market value
Dividend payout ratio
124%
of net income paid out
Days sales outstanding
50 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in packaged foods & meats
Last 12 months unless stated JJSF UTZ SMPL HAIN BGS MZTI Median
Revenue, last 12 months $1.5bn $1.5bn $1.4bn $1.4bn $1.8bn $1.9bn $1.5bn
Revenue growth, last 12 months −4.7% 2.0% −6.5% −13.2% −4.9% 1.1% 2.1%
Revenue growth, 3-year average 0.2% 0.5% 3.0% −9.0% −6.0% 1.9% 1.5%
Revenue growth, latest quarter −6.2% 1.4% −9.7% −27.6% −9.7% −2.2% −1.8%
Gross margin 31.3% 25.4% 32.6% 20.1% 21.5% 24.7% 25.6%
Operating margin 3.9% 0.7% −13.2% −15.0% 3.6% 12.4% 3.1%
Operating margin, 3-year average 6.2% 2.2% 4.4% −15.2% −1.5% 11.5% 4.8%
Net margin 3.2% −2.0% −11.5% −22.5% −4.0% 9.9% 2.1%
Cash from operations / revenue 10.9% 8.0% 13.3% 5.8% 5.0% 14.7% 8.0%
Free-cash-flow margin 6.0% 3.5% 11.6% 4.3% 3.6% 10.7% 3.9%
Free-cash-flow margin, 3-year average 5.7% 1.0% 12.7% 2.9% 5.7% 10.4% 5.7%
Stock pay / revenue 0.4% 1.2% 1.3% 0.4% 0.7% 0.5% 0.6%
Change in share count −2.0% 0.6% −9.0% 0.7% 1.0% −0.3% 0.0%

Median of all 44 companies we cover in packaged foods & meats. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

44 packaged foods & meats companies
Measure Company Peer median Rank
Revenue growth Growth -4.7% 2.2% 35 of 44
Change in growth rate Growth -2.6pp -1.0pp 33 of 44
Gross margin Profitability 31.3% 25.6% 16 of 43
Operating margin Profitability 3.9% 3.4% 18 of 42
Net margin Profitability 3.2% 2.3% 19 of 44
Free-cash-flow margin Cash generation 6.0% 4.3% 19 of 43
Stock pay as % of revenue Cash generation 0.4% 0.6% 14 of 39
Long-term debt as % of assets Balance sheet 2.1% 18.5% 4 of 35
Change in share count Balance sheet -2.0% 0.1% 7 of 40
Days sales outstanding Balance sheet 50 days 33 days 31 of 35

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to September 27, 2025
Segments
Line of business Revenue Share YoY
Food Service $1B 63.2% ▲ 1.6%
Frozen Beverages $368M 23.2% ▼ 0.1%
Retail Supermarket $214M 13.5% ▼ 3.4%
Geography
Region Revenue Share YoY
United States $1.5B 95.6% ▲ 0.8%
Outside the US $69.6M 4.4% ▼ 5.1%

From J&J Snack Foods Corp's 10-K filed November 26, 2025, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.1B
Institutions reporting
249
Shares held vs prior quarter
▲ 0.3%
Positions opened / closed
38 / 36

Top buyers and sellers, Q2 2026: 132 institutions bought and 117 sold ; the biggest buyer was American Century Companies Inc (+227K shares) and the biggest seller Allspring Global Investments Holdings, LLC (−324K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $176M 2.4M 16.0% ▲ 4.2%
Allspring Global Investments Holdings, LLC $102M 1.3M 9.2% ▼ 19.5%
Vanguard Portfolio Management LLC $77.4M 1.1M 7.0% ▼ 4.0%
Dimensional Fund Advisors LP $50.8M 692K 4.6% ▲ 10.9%
Vanguard Capital Management LLC $47.4M 646K 4.3% ▼ 6.8%
State Street Corp $46.3M 624K 4.2% ▲ 4.7%
Geode Capital Management, LLC $30.3M 412K 2.7% ▲ 8.8%
Invesco Ltd. $23.8M 323K 2.2% ▲ 25.4%
Goldman Sachs Group Inc $22.2M 303K 2.0% ▲ 2.1%
AQR Capital Management LLC $22M 299K 2.0% ▲ 78.5%
Millennium Management LLC $21.5M 293K 2.0% ▲ 98.1%
American Century Companies Inc $20.6M 281K 1.9% ▲ 423.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not J&J Snack Foods Corp's complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $48,902 1 trade by 1 insider, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $48,902 net buying
Insider Date Trade Shares Price Value
Ciaramello Kathleen E Director November 20, 2025 Buy 540 $90.56 $48,902

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 5 trades and filings

No trades in J&J Snack Foods Corp disclosed in the last 12 months; 5 earlier trades on record.

  • Lizzie Fletcher(D-TX 7):Sale (full), $1,001 - $15,000, traded February 26, 2019, filed April 23, 2019
  • David B. McKinley(R-WV 1):Sale (full), $1,001 - $15,000, traded December 17, 2018, filed January 9, 2019
  • David B. McKinley(R-WV 1):Sale (full), $1,001 - $15,000, traded September 14, 2017, filed October 5, 2017

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 16, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 6, 2026
  • February 3, 2026
  • November 17, 2025
  • August 5, 2025
  • May 6, 2025

Recent SEC filings

Data status

When each part of this page on J&J Snack Foods Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

J&J Snack Foods Corp in brief

What does J&J Snack Foods Corp do?
J&J Snack Foods Corp is a US-listed company in the packaged foods & meats industry. Its financial year ends in September.
What is J&J Snack Foods Corp's stock ticker?
J&J Snack Foods Corp trades under the ticker JJSF on Nasdaq. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is J&J Snack Foods Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, J&J Snack Foods Corp reported revenue of $1.5B, 4.7% lower than a year earlier, according to its SEC filings.
What is J&J Snack Foods Corp's free cash flow?
J&J Snack Foods Corp's free-cash-flow margin is 6.0% of revenue over the trailing twelve months, ranking 19 of the 43 packaged foods & meats companies we cover.
What is J&J Snack Foods Corp's fair value (intrinsic value) per share?
Our discounted-cash-flow model of J&J Snack Foods Corp's free cash flow after stock-based pay gives ~$74 per share in the base case, and ~$56–$98 across growth scenarios. These are model values under stated assumptions — not a price target or a recommendation.
Who are J&J Snack Foods Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Allspring Global Investments Holdings, LLC and Vanguard Portfolio Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is J&J Snack Foods Corp buying back stock, and does it pay a dividend?
J&J Snack Foods Corp spent $77.7M on share repurchases over the trailing twelve months, and its diluted share count fell 2.0% over the year.
What is J&J Snack Foods Corp's market cap?
On November 2, 2026, J&J Snack Foods Corp's market capitalisation was about $1.7B, with a price-to-earnings ratio of 34.7 and net debt of -$35.1M. Market figures come from third-party market data and may be delayed.
Does J&J Snack Foods Corp pay a dividend?
Yes: J&J Snack Foods Corp paid $60.9M in dividends over the trailing twelve months, a dividend yield of 3.67% and a payout ratio of 123.7%.
How much debt does J&J Snack Foods Corp have?
J&J Snack Foods Corp's debt-to-equity ratio is 3.1%, from its latest balance sheet (0.0% five years earlier). The financial health section below sets out its other solvency checks.
Who are J&J Snack Foods Corp's competitors?
In our Packaged Foods & Meats peer group, the companies closest to J&J Snack Foods Corp are Utz Brands, Inc., Simply Good Foods Co, Hain Celestial Group Inc, B&G Foods, Inc. and Marzetti Co. The side-by-side comparison below sets their revenue, margins and growth against J&J Snack Foods Corp's.
Are insiders buying or selling J&J Snack Foods Corp stock?
Over the last 12 months, J&J Snack Foods Corp's directors and officers reported 1 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is J&J Snack Foods Corp's next earnings date?
Around November 17, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — J&J Snack Foods Corp announces its own schedule.