JJSF FY 2019 Earnings Report — J&J Snack Foods Corp. Revenue & Financial Results | Market Cap Arena

J&J Snack Foods Corp.JJSF

FY 2019 Earnings

Reported November 27, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2019	Prior Q	FY 2018	QoQ Change	YoY Change
Revenue	$1.2B	—	$1.1B	—	4.2%
Op. Income	$117M	—	$111M	—	5.6%
Gross Margin	29.5%	—	29.5%	—	-0.0pp
Net Margin	8.0%	—	9.1%	—	-1.1pp
EPS (Diluted)	$5.00	—	$5.51	—	-9.3%
Free Cash Flow	$90M	—	$63M	—	42.7%

Revenue Flow

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$836M
GROSS PROFIT	$350M
R&D Expenses	$645.0K
Selling & Marketing	$191M
General & Administrative	$41M
SG&A Expenses	$232M
Other Expenses	$1M
Operating Expenses	$233M
Cost & Expenses	$1.1B
OPERATING INCOME	$117M
Interest Income	$2M
Interest Expense	$0
Other Income/Expenses	$10M
INCOME BEFORE TAX	$127M
Income Tax Expense	$32M
Net Income from Continuing Ops	$95M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$95M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$95M
D&A	$49M
EBIT	$117M
EBITDA	$166M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$1.2B
Cost of Revenue	$836M
GROSS PROFIT	$350M
R&D Expenses	$645.0K
Selling & Marketing	$191M
General & Administrative	$41M
SG&A Expenses	$232M
Other Expenses	$1M
Operating Expenses	$233M
Cost & Expenses	$1.1B
OPERATING INCOME	$117M
Interest Income	$2M
Interest Expense	$0
Other Income/Expenses	$10M
INCOME BEFORE TAX	$127M
Income Tax Expense	$32M
Net Income from Continuing Ops	$95M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$95M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$95M
D&A	$49M
EBIT	$117M
EBITDA	$166M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$95M
Depreciation & Amortization	$49M
Stock-Based Compensation	$4M
Deferred Income Tax	$10M
Other Non-Cash Items	$787.0K
Change in Working Capital	-$11M
OPERATING CASH FLOW	$147M
Capital Expenditure	-$57M
Acquisitions (Net)	-$1M
Purchases of Investments	-$26M
Sales/Maturities of Investments	$39M
Other Investing Activities	$2M
NET CASH FROM INVESTING	-$43M
Net Debt Issuance	-$356.0K
Common Stock Repurchased	$0
Common Dividends Paid	-$37M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$23M
FREE CASH FLOW	$90M
Net Change in Cash	$81M

Balance Sheet

Item	Amount
Cash & Equivalents	$192M
Short-Term Investments	$51M
Net Receivables	$141M
Inventory	$116M
Other Current Assets	$0
TOTAL CURRENT ASSETS	$506M
PP&E (Net)	$253M
Goodwill	$103M
Intangible Assets	$55M
Long-Term Investments	$99M
Tax Assets	$62M
Other Non-Current Assets	-$59M
TOTAL NON-CURRENT ASSETS	$513M
TOTAL ASSETS	$1.0B
Account Payables	$72M
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$21M
TOTAL CURRENT LIABILITIES	$121M
Long-Term Debt	$0
Deferred Revenue NC	$0
Deferred Tax Liabilities	$62M
Other Non-Current Liabilities	$2M
TOTAL NON-CURRENT LIABILITIES	$64M
TOTAL LIABILITIES	$186M
Common Stock	$46M
Additional Paid-In Capital	$0
Retained Earnings	$801M
Treasury Stock	$0
Accum. Other Comp. Income	-$13M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$834M
Minority Interest	$0
TOTAL EQUITY	$834M
TOTAL LIABILITIES & EQUITY	$1.0B
Total Debt	$1M
Net Debt	-$191M