J & J Snack Foods Reports Fiscal 2026 First Quarter Results
Rhea-AI Summary
J & J Snack Foods (Nasdaq: JJSF) reported fiscal 2026 first quarter results for the period ended December 27, 2025, with net sales of $343.8M (down 5.2% YoY) and adjusted EBITDA of $27.0M (up 7% YoY). Gross margin expanded 200 basis points to 27.9%, despite $1.0M product disposal and $0.6M tariff costs. Operating income was $0.6M and net earnings were $0.9M. The company repurchased $42M of stock in the quarter and announced a new $50M share repurchase authorization. Project Apollo remains on track to deliver $20M of annualized savings.
Positive
- Adjusted EBITDA increased by 7.0% year-over-year
- Gross margin expanded by 200 basis points to 27.9%
- Repurchased $42 million in the quarter; new $50 million authorization
- Project Apollo on track to deliver $20 million annualized savings
Negative
- Net sales declined 5.2% year-over-year to $343.8M
- Operating income fell 89.8% to $0.6M
- Net earnings declined 82.8% to $0.9M
- Non-recurring plant closure costs of $6.1M and $1.0M product disposal
News Market Reaction – JJSF
On the day this news was published, JJSF declined 15.44%, reflecting a significant negative market reaction. Argus tracked a trough of -12.1% from its starting point during tracking. Our momentum scanner triggered 28 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $316M from the company's valuation, bringing the market cap to $1.73B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
JJSF was up 0.21% while peers were mixed: CENTA and CENT gained around 2%, whereas NOMD, FLO and SMPL declined between roughly 1–3%. The lack of a consistent direction across peers and no sector momentum flags point to a company-specific reaction.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 16 | Earnings call notice | Neutral | +1.4% | Scheduled release of Q1 2026 results and accompanying conference call details. |
| Nov 20 | Dividend declaration | Positive | -0.4% | Board declared a quarterly cash dividend of $0.80 per share. |
| Nov 17 | Earnings results | Negative | +1.1% | Q4 2025 results with lower sales and earnings plus sizable plant closure charges. |
| Oct 29 | Earnings call notice | Neutral | -1.1% | Announcement of date and time for Q4 2025 earnings call and webcast. |
| Oct 28 | Product partnership | Positive | -0.7% | Launch of NO CAP! Soda Pop and ICEE zero-sugar soda line nationwide in Jan 2026. |
Recent history shows frequent divergence, with shares often moving opposite to generally positive or neutral headlines, including dividends, partnerships and transformation-related earnings updates.
Over the last few months, JJSF news has focused on earnings, balance sheet strength, capital returns, and strategic initiatives. The Nov 2025 10-K highlighted Project Apollo plant closures targeting at least $20M of operating income benefits and noted $106M cash with no debt. Q4 2025 results on Nov 17 showed lower sales and earnings but detailed this transformation. A dividend of $0.80 per share and an ICEE-branded beverage partnership were also announced. Today’s Q1 2026 results and new buyback authorization continue this profitability-and-capital-return narrative.
Market Pulse Summary
The stock dropped -15.4% in the session following this news. A negative reaction despite margin expansion would fit a pattern where JJSF’s stock has sometimes diverged from ostensibly supportive news. Q1 2026 showed lower net sales at $343.8M and sharply lower GAAP EPS of $0.05, even as adjusted EBITDA reached $27.0M and a new $50M buyback authorization was announced. Investors might focus on volume declines, non-recurring costs, or skepticism around transformation benefits, making future quarters’ profitability and growth metrics key watchpoints.
Key Terms
adjusted EBITDA financial
non-GAAP financial measures financial
basis point financial
Rule 10b5-1 trading plans regulatory
AI-generated analysis. Not financial advice.
Announces new
MOUNT LAUREL, N.J., Feb. 03, 2026 (GLOBE NEWSWIRE) -- J & J Snack Foods Corp. (Nasdaq: JJSF) today reported financial results for the first quarter ended December 27, 2025.
| First Quarter | ||||
| Actuals | $ v. LY | % v. LY | ||
| Net Sales | ( | |||
| Gross Profit | ||||
| Operating Income | ( | ( | ||
| Net Earnings | ( | ( | ||
| Earnings per Diluted Share | ( | ( | ||
| Adjusted Operating Income | ( | ( | ||
| Adjusted EBITDA | ||||
| Adjusted Earnings per Diluted Share | ||||
This press release contains non-GAAP financial measures. Please refer to the Non-GAAP Financial Measures section below for reconciliations to the most comparable GAAP measures.
“Our first quarter results reflect disciplined execution of our key priorities to drive profitability,” said Dan Fachner, J&J Snack Foods Chairman, President, and CEO. “We are pleased to deliver
“We remain optimistic about our trajectory and have several exciting commercial initiatives underway. The momentum in our pretzel business from the second half of fiscal 2025 continued in the first quarter. We have several innovative product launches that will reach customers in the second quarter, including Dippin’ Dots products for retail, as well as pretzel and frozen novelty products centered around better-for-you attributes. Project Apollo, our business transformation program, is progressing and we are on track to deliver the
First Quarter Results
Net sales decreased
- Food Service segment net sales decreased
8.3% - Retail Supermarket segment net sales increased
2.6% - Frozen Beverage segment net sales were approximately flat
Gross profit increased from
Total operating expenses of
- Selling and Marketing expenses increased
9.9% to$31.5 million , or9.2% of sales, up from7.9% in the prior year quarter. Approximately 140 basis points of the increase was associated with higher commissions for retail vending sales, which is a growing component of our Dippin’ Dots business. Investments to support our brands in preparation for our peak summer season accounted for approximately 250 basis points of the increase. Higher depreciation associated with customer equipment accounted for approximately 190 basis points of the increase, with almost half of that associated with growth in Dippin’ Dots. - Distribution expenses decreased
3.9% to$38.1 million , or11.1% of sales up from10.9% in the prior year quarter, primarily reflecting lower volume. - Administrative expenses increased
7.8% to$20.4 million , or5.9% of sales, up from5.2% in the prior year quarter. Approximately 300 basis points of the increase was attributed to non-recurring restructuring and legal expenses.
Operating income was
Food Service Segment
- Net sales of
$219.2 million , a year-over-year decrease of$19.7 million , or8.3% . - Bakery was down approximately
17% and accounted for$18 million of the decline in Food Service, reflecting ongoing efforts to improve profitability through portfolio rationalization. - Pretzel sales increased approximately
6.9% , continuing the growth momentum from the second half of fiscal 2025, with share gains driven by Bavarian formula pretzels. - Handheld sales declined approximately
22% on lower volumes and a contractual pricing true-up on lower costs of certain ingredients. - Operating income increased
14.6% to$10.1 million .
Retail Supermarket Segment
- Net sales of
$45.9 million , a year-over-year increase of$1.2 million , or2.6% . - Handheld sales increased
35% as we lapped capacity constraints from the prior year facility fire. - Sales within the remaining retail portfolio decreased
$0.6 million , primarily driven by lower frozen novelty sales as growth in Dogsters and Dippin’ Dots at retail was more than offset by decreases in other frozen novelties. - Operating income decreased
2.6% to$1.2 million .
Frozen Beverages Segment
- Net sales of
$78.7 million were approximately flat with the prior year period. - Beverage sales were up modestly, whereas service and machine sales combined were down modestly.
- Operating income decreased
13.7% to$4.0 million .
Share Repurchases
During the quarter, we repurchased approximately 458,467 shares of common stock for
Our Board of Directors has approved a new
Conference Call
J&J Snack Foods Corp. will host a conference call to discuss results and business outlook on February 3, 2026, at 10:00 a.m. Eastern Time. Conference call participants should register by clicking on this Registration Link to receive the dial-in number and a personal PIN, which are required to access the conference call. A live audio webcast of the conference call will also be available on the Investors homepage at investors.jjsnack.com.
About J & J Snack Foods Corp.
J & J Snack Foods Corp. (Nasdaq: JJSF) is a leader and innovator in the snack food and frozen beverage industry. For over fifty years, the company has specialized in delicious snack and beverage brands for the foodservice and retail segments, serving up fun across the U.S. market. J & J Snack Foods’ core brands include SUPERPRETZEL, the #1 soft pretzel brand, ICEE and SLUSH PUPPIE frozen beverages, and Dippin’ Dots, the original beaded ice cream. The company’s broad brand portfolio also includes LUIGI’S Real Italian Ice, MINUTE MAID* frozen ices, WHOLE FRUIT frozen fruit bars, DOGSTERS ice cream style treats for dogs, ¡Hola! Churros, THE FUNNEL CAKE FACTORY funnel cakes and fries, and bakery brands including MARY B’S, DADDY RAY’S, COUNTRY HOME BAKERS, and HILL & VALLEY. For more information, please visit http://www.jjsnack.com. *MINUTE MAID is a registered trademark of The Coca-Cola Company.
Cautionary Statement Regarding Forward-Looking Information
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding the Company’s expected future financial position, results of operations, revenue growth and profit levels, cash flows, business strategy, budgets, projected costs, capital expenditures, products, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as “anticipate,” “if,” “believe,” “plan,” “goals,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. This includes, without limitation, our statements, and expectations regarding any current or future recovery in our industry and the future impact of our operational efficiency projects. Such forward-looking statements are inherently uncertain, and readers must recognize that actual results may differ materially from the expectations of management. We do not undertake a duty to update such forward-looking statements. Factors that may cause actual results to differ materially from those in the forward-looking statements include consumer spending, price competition, acceptance of new products, the pricing and availability of raw materials, transportation costs, changes in the competitive marketplace the uncertainty and ultimate economic impact of the COVID-19 pandemic or similar health outbreaks, and other risks identified in our annual report on Form 10-K, and our other filings with the Securities and Exchange Commission. Many of these factors are outside of the Company’s control.
Non-GAAP Financial Measures
Adjusted EBITDA consists of net earnings adjusted to exclude: income taxes (benefit); investment income; interest expense; depreciation and amortization; share-based compensation expense; net (gain) loss on sale or disposal of assets; impairment charges, restructuring costs, merger and acquisition costs, acquisition related inventory adjustments, strategic business transformation costs, integration costs, non-recurring legal fee expenses and gain on insurance proceeds received for damage to property, plant and equipment. Adjusted Operating Income consists of operating income adjusted to exclude: impairment charges, restructuring costs, merger and acquisition costs, acquisition related amortization expenses and inventory adjustments, strategic business transformation costs, integration costs, non-recurring legal fee expenses, and gain on insurance proceeds received for damage to property, plant and equipment. Adjusted Earnings per Diluted Share consists of net earnings adjusted to exclude: impairment charges, restructuring costs, merger and acquisition costs, acquisition related amortization expenses and inventory adjustment, strategic business transformation costs, integration costs, non-recurring legal fee expenses, and gain on insurance proceeds received for damage to property, plant and equipment. For purposes of comparability, the income tax effect of pre-tax adjustments is determined using statutory tax rates. This press release contains certain non-GAAP financial measures; Adjusted EBITDA, Adjusted Operating Income, and Adjusted Earnings per Diluted Share. A "non-GAAP financial measure" is a numerical measure of a company's financial performance that excludes or includes amounts so as to be different than the most directly comparable measure calculated and presented in accordance with U.S. generally accepted accounting principles ("GAAP") in the statements of income, balance sheets, or statements of cash flow of the company. Pursuant to applicable reporting requirements, the company has provided reconciliations below of non-GAAP financial measures to the most directly comparable GAAP measure. The non-GAAP financial measures presented within the Company's earnings release are not indicators of our financial performance under GAAP and should not be considered as an alternative to the applicable GAAP measure. These non-GAAP measures have limitations as analytical tools, and you should not consider them in isolation or as a substitute for analysis of our results as reported under GAAP. In addition, in evaluating these non-GAAP measures, you should be aware that in the future we may incur income, expenses, gains and losses, similar to the adjustments in this press release. Our presentation of these non-GAAP measures should not be construed as an inference that our future results will be unaffected by unusual or infrequent items. We compensate for these limitations by providing equal prominence to our GAAP results and using non-GAAP measures only as supplemental presentations. The non-GAAP measures presented are utilized by management to evaluate the Company's business performance and profitability by excluding certain items that may not be indicative of our recurring core business operating results. The Company believes that these measures provide additional clarity for investors by excluding specific income, expenses, gains, and losses, in an effort to show comparable business operating results for the periods presented. Similarly, Management believes these adjusted measures are useful performance measures because certain items included in the calculations may either mask or exaggerate trends in the Company’s ongoing operating performance. See the reconciliation of Non-GAAP Financial Measures below.
Investor Contact:
Reed Anderson, ICR
(646) 277-1260
reed.anderson@icrinc.com
| J & J SNACK FOODS CORP. AND SUBSIDIARIES | ||||||||
| CONSOLIDATED STATEMENTS OF EARNINGS | ||||||||
| (Unaudited) | ||||||||
| (in thousands, except per share amounts) | ||||||||
| Three months ended | ||||||||
| December 27, | December 28, | |||||||
| 2025 | 2024 | |||||||
| Net sales | $ | 343,778 | $ | 362,598 | ||||
| Cost of goods sold | 247,766 | 268,697 | ||||||
| Gross profit | 96,012 | 93,901 | ||||||
| Operating expenses | ||||||||
| Selling and Marketing | 31,499 | 28,669 | ||||||
| Distribution | 38,056 | 39,610 | ||||||
| Administrative | 20,377 | 18,903 | ||||||
| Gain on insurance proceeds received for damage to property, plant, and equipment | (800 | ) | - | |||||
| Plant closure expense | 6,113 | - | ||||||
| Other general expense | 130 | 480 | ||||||
| Total operating expenses | 95,375 | 87,662 | ||||||
| Operating income | 637 | 6,239 | ||||||
| Other income (expense) | ||||||||
| Investment income | 712 | 1,037 | ||||||
| Interest expense | (139 | ) | (212 | ) | ||||
| Earnings before income taxes | 1,210 | 7,064 | ||||||
| Income tax expense | 327 | 1,921 | ||||||
| NET EARNINGS | $ | 883 | $ | 5,143 | ||||
| Earnings per diluted share | $ | 0.05 | $ | 0.26 | ||||
| Weighted average number of diluted shares | 19,428 | 19,563 | ||||||
| Earnings per basic share | $ | 0.05 | $ | 0.26 | ||||
| Weighted average number of basic shares | 19,316 | 19,471 | ||||||
| J & J SNACK FOODS CORP. AND SUBSIDIARIES | ||||||||
| CONSOLIDATED BALANCE SHEETS | ||||||||
| (Unaudited) | ||||||||
| (in thousands, except share amounts) | ||||||||
| December 27, | September 27, | |||||||
| 2025 | 2025 | |||||||
| Assets | ||||||||
| Current assets | ||||||||
| Cash and cash equivalents | $ | 66,761 | $ | 105,893 | ||||
| Accounts receivable, net | 161,440 | 184,069 | ||||||
| Inventories | 172,050 | 175,173 | ||||||
| Prepaid expenses and other | 12,266 | 13,197 | ||||||
| Total current assets | 412,517 | 478,332 | ||||||
| Property, plant and equipment, at cost | 1,026,153 | 1,009,463 | ||||||
| Less accumulated depreciation and amortization | 634,625 | 619,310 | ||||||
| Property, plant and equipment, net | 391,528 | 390,153 | ||||||
| Other assets | ||||||||
| Goodwill | 185,070 | 185,070 | ||||||
| Trade name intangible assets, net | 105,920 | 105,920 | ||||||
| Other intangible assets, net | 65,287 | 66,730 | ||||||
| Operating lease right-of-use assets | 149,094 | 151,538 | ||||||
| Other | 3,858 | 3,758 | ||||||
| Total other assets | 509,229 | 513,016 | ||||||
| Total Assets | $ | 1,313,274 | $ | 1,381,501 | ||||
| Liabilities and Stockholders' Equity | ||||||||
| Current Liabilities | ||||||||
| Current finance lease liabilities | $ | 609 | $ | 563 | ||||
| Accounts payable | 80,592 | 82,405 | ||||||
| Accrued insurance liability | 16,628 | 16,441 | ||||||
| Accrued liabilities | 10,994 | 12,606 | ||||||
| Current operating lease liabilities | 21,906 | 21,624 | ||||||
| Accrued compensation expense | 17,988 | 26,475 | ||||||
| Dividends payable | 15,208 | 15,552 | ||||||
| Total current liabilities | 163,925 | 175,666 | ||||||
| Long-term debt | - | - | ||||||
| Noncurrent finance lease liabilities | 1,254 | 1,355 | ||||||
| Noncurrent operating lease liabilities | 137,599 | 140,021 | ||||||
| Deferred income taxes | 91,345 | 91,703 | ||||||
| Other long-term liabilities | 6,293 | 6,061 | ||||||
| Stockholders' Equity | ||||||||
| Preferred stock, | - | - | ||||||
| Common stock, no par value; authorized, 50,000,000 shares; issued and outstanding 18,996,000 as of December 27, 2025 and 19,440,000 as of September 27, 2025 | 97,912 | 139,118 | ||||||
| Accumulated other comprehensive loss | (10,953 | ) | (12,647 | ) | ||||
| Retained Earnings | 825,899 | 840,224 | ||||||
| Total stockholders' equity | 912,858 | 966,695 | ||||||
| Total Liabilities and Stockholders' Equity | $ | 1,313,274 | $ | 1,381,501 | ||||
| J & J SNACK FOODS CORP. AND SUBSIDIARIES | ||||||||
| CONSOLIDATED STATEMENTS OF CASH FLOWS | ||||||||
| (Unaudited) | ||||||||
| (in thousands) | ||||||||
| Three months ended | ||||||||
| December 27, | December 28, | |||||||
| 2025 | 2024 | |||||||
| Operating activities: | ||||||||
| Net earnings | $ | 883 | $ | 5,143 | ||||
| Adjustments to reconcile net earnings to net cash provided by operating activities | ||||||||
| Depreciation of fixed assets | 17,241 | 15,814 | ||||||
| Amortization of intangibles and deferred costs | 1,443 | 1,930 | ||||||
| Losses from disposals of property & equipment | 343 | 146 | ||||||
| Non-cash plant shutdown expenses | 1,781 | - | ||||||
| Share-based compensation | 1,479 | 1,125 | ||||||
| Deferred income taxes | (325 | ) | (158 | ) | ||||
| Gain on insurance proceeds received for damage to property, plant, and equipment | (800 | ) | - | |||||
| Other | (100 | ) | (93 | ) | ||||
| Changes in assets and liabilities, net of effects from purchase of companies | ||||||||
| Decrease in accounts receivable | 22,872 | 24,987 | ||||||
| Decrease in inventories | 1,916 | 3,164 | ||||||
| Net changes in other operating assets and liabilities | (10,770 | ) | (16,896 | ) | ||||
| Net cash provided by operating activities | 35,963 | 35,162 | ||||||
| Investing activities: | ||||||||
| Purchases of property, plant and equipment | (19,003 | ) | (19,065 | ) | ||||
| Proceeds from disposal of property and equipment | 57 | 131 | ||||||
| Proceeds from insurance for fixed assets | 800 | - | ||||||
| Net cash (used in) investing activities | (18,146 | ) | (18,934 | ) | ||||
| Financing activities: | ||||||||
| Payments to repurchase common stock | (42,000 | ) | - | |||||
| Proceeds from issuance of stock | - | 1,924 | ||||||
| Purchase of vested employee service share units and performance share units | (685 | ) | (552 | ) | ||||
| Borrowings under credit facility | 10,000 | 15,000 | ||||||
| Repayment of borrowings under credit facility | (10,000 | ) | (15,000 | ) | ||||
| Payments on finance lease obligations | (117 | ) | (42 | ) | ||||
| Payment of cash dividend | (15,552 | ) | (15,178 | ) | ||||
| Net cash (used in) financing activities | (58,354 | ) | (13,848 | ) | ||||
| Effect of exchange rates on cash and cash equivalents | 1,405 | (2,212 | ) | |||||
| Net increase in cash and cash equivalents | (39,132 | ) | 168 | |||||
| Cash and cash equivalents at beginning of period | 105,893 | 73,394 | ||||||
| Cash and cash equivalents at end of period | $ | 66,761 | $ | 73,562 | ||||
| J & J SNACK FOODS CORP. AND SUBSIDIARIES | ||||||||
| NOTES TO CONSOLIDATED FINANCIAL STATEMENTS | ||||||||
| (Unaudited) (in thousands) | ||||||||
| Three months ended | ||||||||
| December 27, | December 28, | |||||||
| 2025 | 2024 | |||||||
| Sales to external customers: | ||||||||
| Food Service | $ | 219,156 | $ | 238,883 | ||||
| Retail Supermarket | 45,882 | 44,717 | ||||||
| Frozen Beverages | 78,740 | 78,998 | ||||||
| Consolidated sales to external customers | $ | 343,778 | $ | 362,598 | ||||
| Operating Income: | ||||||||
| Food Service | $ | 10,099 | $ | 8,814 | ||||
| Retail Supermarket | 1,160 | 1,191 | ||||||
| Frozen Beverages | 4,049 | 4,691 | ||||||
| Total Segment Operating Income | 15,308 | 14,696 | ||||||
| General corporate expenses | 9,358 | 8,457 | ||||||
| Gain on insurance proceeds received for damage to property, plant and equipment | (800 | ) | - | |||||
| Plant closure expense | 6,113 | - | ||||||
| Total Unallocated Operating Expenses (net) | 14,671 | 8,457 | ||||||
| Total Operating Income | $ | 637 | $ | 6,239 | ||||
| J & J SNACK FOODS CORP. AND SUBSIDIARIES | ||||||||
| NON-GAAP FINANCIAL MEASURES | ||||||||
| (Unaudited) (in thousands) | ||||||||
| Three months ended | ||||||||
| December 27, | December 28, | |||||||
| 2025 | 2024 | |||||||
| Reconciliation of GAAP Net Earnings to Adjusted EBITDA | ||||||||
| Net Earnings | $ | 883 | $ | 5,143 | ||||
| Income Taxes | 327 | 1,921 | ||||||
| Investment Income | (712 | ) | (1,037 | ) | ||||
| Interest Expense | 139 | 212 | ||||||
| Depreciation and Amortization | 18,684 | 17,744 | ||||||
| Share-Based Compensation | 1,479 | 1,125 | ||||||
| Gain on insurance proceeds received for damage to property, plant, and equipment | (800 | ) | - | |||||
| Restructuring Costs | 257 | - | ||||||
| Non-recurring Legal Expenses | 319 | - | ||||||
| Net Loss on Sale or Disposal of Assets | 343 | 146 | ||||||
| Plant closure expense | 6,113 | - | ||||||
| Adjusted EBITDA | $ | 27,032 | $ | 25,254 | ||||
| Reconciliation of GAAP Operating Income to Adjusted Operating Income | ||||||||
| Operating Income | $ | 637 | $ | 6,239 | ||||
| Gain on insurance proceeds received for damage to property, plant, and equipment | (800 | ) | - | |||||
| Restructuring Costs | 257 | - | ||||||
| Non-recurring Legal Expenses | 319 | - | ||||||
| Acquisition Related Amortization Expenses | 1,443 | 1,930 | ||||||
| Plant closure expense | 6,113 | - | ||||||
| Adjusted Operating Income | $ | 7,969 | $ | 8,169 | ||||
| Reconciliation of GAAP Earnings per Diluted Share to Adjusted Earnings per Diluted Share | ||||||||
| Earnings per Diluted Share | $ | 0.05 | $ | 0.26 | ||||
| Gain on insurance proceeds received for damage to property, plant, and equipment | (0.04 | ) | - | |||||
| Restructuring Costs | 0.01 | - | ||||||
| Non-recurring Legal Expenses | 0.02 | - | ||||||
| Acquisition Related Amortization Expenses | 0.07 | 0.10 | ||||||
| Plant closure expense | 0.32 | - | ||||||
| Tax Effect of Non-GAAP Adjustments (1) | (0.10 | ) | (0.03 | ) | ||||
| Adjusted Earnings per Diluted Share | $ | 0.33 | $ | 0.33 | ||||
| (1) Income taxes associated with pre-tax adjustments determined using statutory tax rates | ||||||||
FAQ
What were JJSF first quarter fiscal 2026 net sales and adjusted EBITDA?
Why did JJSF gross margin improve in Q1 2026 despite lower sales?
How much stock did JJSF repurchase and what is the new buyback authorization?
What is Project Apollo's stated financial impact for JJSF?
How did JJSF's operating results vary by segment in Q1 2026?
