PENNSAUKEN, NJ (AP) _ J&J Snack Foods Corp. (JJSF) on Thursday reported a tax profit of $ 6.6 million for the fourth quarter.
Per share, the Pennsauken, New Jersey-based company said it had net income of 35 cents.
The beverage and snack maker posted revenue of $ 252.5 million over the period, beating Street’s forecast. Three analysts polled by Zacks forecast $ 227.1 million.
For the year, the company reported profit of $ 18.3 million, or 96 cents per share. Revenue was $ 1.02 billion.
J&J Snack Foods shares are down 22% year-to-date. In the final minutes of trading Thursday, shares hit $ 142.84, a 24% drop in the past 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks Inventory Report on JJSF at https://www.zacks.com/ap/JJSF