Latest news with #J&JSnackFoods
Yahoo
7 days ago
- Business
- Yahoo
Why J&J Snack Foods (JJSF) Stock Is Trading Up Today
What Happened? Shares of snack food company J&J Snack Foods (NASDAQ:JJSF) jumped 3.2% in the afternoon session after the release of a favorable Consumer Price Index (CPI) report, which showed inflation cooling more than anticipated. The July report from the Bureau of Labor Statistics indicated a year-over-year inflation rate of 2.7%, just below the 2.8% economists had forecast. This suggests that price pressures on consumers may be easing. Particularly beneficial for the sector was the news that the food index remained flat, with grocery prices even declining by 0.1% month-over-month. This development is seen as a positive for the profitability of food, beverage, and personal care companies, as lower input costs and increased consumer purchasing power could boost sales. A Federal Reserve official's comments on the same day, noting that consumer spending fundamentals remain solid, further bolstered investor confidence in the sector's resilience. After the initial pop the shares cooled down to $112.07, up 3% from previous close. Is now the time to buy J&J Snack Foods? Access our full analysis report here, it's free. What Is The Market Telling Us J&J Snack Foods's shares are not very volatile and have only had 4 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 3 months ago when the stock dropped 12.1% on the news that the company reported weak first quarter 2025 results which saw revenue, gross margin, EPS, and EBITDA all fall short of Wall Street's estimates. A drop in volume across big segments like churros and pretzels, dragged sales and caused a sharp fall in gross profit. Also, slower theater traffic and the end of a one-time churro promo hurt sales, while price hikes didn't land fast enough to offset rising costs. Overall, this was a weaker quarter. J&J Snack Foods is down 27.1% since the beginning of the year, and at $112.07 per share, it is trading 37.4% below its 52-week high of $179.02 from November 2024. Investors who bought $1,000 worth of J&J Snack Foods's shares 5 years ago would now be looking at an investment worth $852.94. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
05-08-2025
- Business
- Yahoo
Analysts Estimate J&J Snack Foods (JJSF) to Report a Decline in Earnings: What to Look Out for
Wall Street expects a year-over-year decline in earnings on higher revenues when J&J Snack Foods (JJSF) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 5. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Zacks Consensus Estimate This drink and snack maker is expected to post quarterly earnings of $1.74 per share in its upcoming report, which represents a year-over-year change of -12.1%. Revenues are expected to be $447.55 million, up 1.7% from the year-ago quarter. Estimate Revisions Trend The consensus EPS estimate for the quarter has been revised 0.63% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Earnings Whisper Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). How Have the Numbers Shaped Up for J&J Snack Foods? For J&J Snack Foods, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.87%. On the other hand, the stock currently carries a Zacks Rank of #5. So, this combination makes it difficult to conclusively predict that J&J Snack Foods will beat the consensus EPS estimate. Does Earnings Surprise History Hold Any Clue? While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that J&J Snack Foods would post earnings of $0.69 per share when it actually produced earnings of $0.35, delivering a surprise of -49.28%. The company has not been able to beat consensus EPS estimates in any of the last four quarters. Bottom Line An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. J&J Snack Foods doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. An Industry Player's Expected Results Another stock from the Zacks Food - Miscellaneous industry, BellRing Brands (BRBR), is soon expected to post earnings of $0.49 per share for the quarter ended June 2025. This estimate indicates a year-over-year change of -9.3%. Revenues for the quarter are expected to be $531.85 million, up 3.2% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for BellRing Brands has remained unchanged. Nevertheless, the company now has an Earnings ESP of +2.06%, reflecting a higher Most Accurate Estimate. When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that BellRing Brands will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report J & J Snack Foods Corp. (JJSF) : Free Stock Analysis Report BellRing Brands Inc. (BRBR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
04-08-2025
- Business
- Yahoo
J&J Snack Foods (JJSF) Reports Earnings Tomorrow: What To Expect
Snack food company J&J Snack Foods (NASDAQ:JJSF) will be reporting earnings this Tuesday morning. Here's what investors should know. J&J Snack Foods missed analysts' revenue expectations by 3.2% last quarter, reporting revenues of $356.1 million, down 1% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' adjusted operating income estimates and a significant miss of analysts' EBITDA estimates. Is J&J Snack Foods a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting J&J Snack Foods's revenue to grow 1.2% year on year to $445.3 million, slowing from the 3.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.76 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. J&J Snack Foods has missed Wall Street's revenue estimates five times over the last two years. Looking at J&J Snack Foods's peers in the shelf-stable food segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Hershey delivered year-on-year revenue growth of 26%, beating analysts' expectations by 3.1%, and Lamb Weston reported revenues up 4%, topping estimates by 5.7%. Hershey's stock price was unchanged after the resultswhile Lamb Weston was up 19.3%. Read our full analysis of Hershey's results here and Lamb Weston's results here. Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. While some of the shelf-stable food stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.4% on average over the last month. J&J Snack Foods is down 3.6% during the same time and is heading into earnings with an average analyst price target of $144 (compared to the current share price of $112.21). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. 登入存取你的投資組合
Yahoo
23-06-2025
- Business
- Yahoo
Clorox to replace 25-year-old tech with new ERP
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Clorox plans to start transitioning its U.S. supply chain and other business operations in July to a new ERP system, replacing decades-old technology and significantly boosting productivity, executives said at the dbAccess Global Consumer Conference on June 4. The cleaning products company expects the new system to provide real-time data visibility, better demand planning and "fundamentally modernize the backbone of our operations," EVP and CFO Luc Bellet said. "This is not just an ERP upgrade to the next set of software," CEO Linda Rendle said. "This is building a complete data infrastructure across the company." Bellet acknowledged that ERP transitions are complex undertakings that are "fraught with risk," so Clorox has gotten ahead of potential problems in its supply chain by adding 1.5 weeks of inventory at retailers, which typically hold four weeks' worth of goods. "This will really create a buffer and protect us from any out-of-stock," Bellet said. The inventory build-up will cause temporary disruptions in the company's finances, Bellet said. Clorox will overstate organic sales by 2% to 3% in fiscal year 2025, which ends this month, and will understate sales by an equal amount in the next fiscal year, as retailers sell the additional inventory. Clorox expects its sales to return to normal by fiscal year 2027. The company went live with global finance reporting and planning in the ERP in January. This will allow it to focus on the operational transition in July, Bellet said. Clorox will immediately move order fulfillment and management to the new platform, then transition its manufacturing facilities to the new system over the next six months. The whole ERP project is a five-year, $500 million digitization effort that started in 2021. Clorox expects productivity gains in its supply chain to start in fiscal 2027, Bellet said. ERP upgrades can be costly if they do not go smoothly. For instance, J&J Snack Foods lost $20 million in one quarter in 2022 due to production disruptions caused by an ERP transformation. However, Clorox is confident it won't stumble during its own rollout for several reasons, Bellet said. The company ran pilots of its ERP in Canada last summer that went "very well," according to the CFO. "There were no significant disruptions. But we've got a lot of learnings that we're embedding in our launch." Clorox specifically learned from observing and working with its peers undergoing similar ERP transitions in addition to partnering with consultants and retail partners. Recent ERP transitions by other manufacturers include Mondelēz International's $1.2 billion initiative and Lamb Weston's North American operations shift last year. "So while we're not necessarily proud to be kind of last to the game, that gives us a lot of benefits," Bellet said. Recommended Reading Clorox upgrades 20-year-old ERP for improved data visibility, demand planning Sign in to access your portfolio
Yahoo
03-06-2025
- Business
- Yahoo
1 Safe-and-Steady Stock to Research Further and 2 to Approach with Caution
Stability is great, but low-volatility stocks may struggle to deliver market-beating returns over time as they sometimes underperform during bull markets. Luckily for you, StockStory helps you navigate which companies are truly worth holding. That said, here is one low-volatility stock that could offer consistent gains and two that may not deliver the returns you need. Rolling One-Year Beta: 0.15 Best known for its SuperPretzel soft pretzels and ICEE frozen drinks, J&J Snack Foods (NASDAQ:JJSF) produces a range of snacks and beverages and distributes them primarily to supermarket and food service customers. Why Are We Hesitant About JJSF? Smaller revenue base of $1.59 billion means it hasn't achieved the economies of scale that some industry juggernauts enjoy Estimated sales growth of 2.8% for the next 12 months implies demand will slow from its three-year trend Low returns on capital reflect management's struggle to allocate funds effectively At $114.55 per share, J&J Snack Foods trades at 22.5x forward P/E. To fully understand why you should be careful with JJSF, check out our full research report (it's free). Rolling One-Year Beta: 0.68 Powering forklifts for Walmart's distribution centers, Plug Power (NASDAQ:PLUG) provides hydrogen fuel cells used to power electric motors. Why Should You Sell PLUG? Customers postponed purchases of its products and services this cycle as its revenue declined by 8.7% annually over the last two years Free cash flow margin shrank by 531.2 percentage points over the last five years, suggesting the company is consuming more capital to stay competitive Unfavorable liquidity position could lead to additional equity financing that dilutes shareholders Plug Power's stock price of $0.82 implies a valuation ratio of 1x forward price-to-sales. Read our free research report to see why you should think twice about including PLUG in your portfolio, it's free. Rolling One-Year Beta: 0.54 Parent company of SeaWorld and home of the world-famous Shamu, United Parks & Resorts (NYSE:PRKS) is a theme park chain featuring marine life, live entertainment, roller coasters, and waterparks. Why Does PRKS Stand Out? Excellent operating margin of 26.9% highlights the efficiency of its business model Share buybacks catapulted its annual earnings per share growth to 39.1%, which outperformed its revenue gains over the last five years Returns on capital are growing as management capitalizes on its market opportunities United Parks & Resorts is trading at $43.05 per share, or 8.9x forward P/E. Is now the time to initiate a position? See for yourself in our in-depth research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
