Sales for the third quarter increased 6% to $189.7m from $179.8m in last year’s third quarter. Net earnings increased 6% to $15.9m from $14.9m last year. Earnings per diluted share were $.85 for the June quarter compared to $.80 last year. Operating income increased 7% to $26.1m this year from $24.4m in the year ago period.
For the nine months ended 26 June 2010, sales increased 6% to $496.2m from $470.3m in last year’s nine months. Net earnings increased 21% to $32.0m in the nine months from $26.5m last year.
Earnings per diluted share were $1.71 for the nine months compared to $1.42 last year. Operating income increased 22% to $52.4m from $43.1m in the year ago period.
Source: J&J Snack Foods
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