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How Did J&J Snack Foods Perform in Fiscal 1Q17?

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Price movement

J&J Snack Foods (JJSF) has a market cap of $2.4 billion. It fell 0.97% to close at $127.57 per share on January 23, 2017. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.9%, -3.8%, and -4.4%, respectively, on the same day.

JJSF is trading 3.0% below its 20-day moving average, 0.17% above its 50-day moving average, and 8.9% above its 200-day moving average.

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Related ETF and peers

The PowerShares S&P SmallCap Low Volatility ETF (XSLV) invests 1.1% of its holdings in JJSF. The YTD price movement of XSLV was -2.1% on January 23.

The market caps of JJSF’s competitors are as follows:

  • Pinnacle Foods (PF) — $6.3 billion
  • TreeHouse Foods (THS) — $4.1 billion
  • Snyder’s-Lance (LNCE) — $3.7 billion

Performance of J&J Snack Foods in fiscal 1Q17

J&J Snack Foods (JJSF) reported fiscal 1Q17 net sales of $225.6 million, a rise of 1.2% compared to net sales of $222.9 million in fiscal 1Q16. Sales from the Food Service and Retail Supermarket segments rose 2.4% and 1.4%, respectively, and sales from frozen beverages fell 2.0% in fiscal 1Q17 compared to fiscal 1Q16. The company’s gross profit margin and operating margin expanded 60 basis points and 30 basis points, respectively, in fiscal 1Q17 compared to fiscal 1Q16.

Its net income and EPS (earnings per share) rose to $13.5 million and $0.72, respectively, in fiscal 1Q17 compared to $13.0 million and $0.69, respectively, in fiscal 1Q16.

JJSF’s cash and cash equivalents and inventories rose 0.3% and 7.6%, respectively, between fiscal 1Q17 and fiscal 4Q16.

Now we’ll discuss WestRock Company (WRK).

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