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THIRD QUARTER SALES AND EARNINGS INCREASE AT J & J SNACK FOODS

 THIRD QUARTER SALES AND EARNINGS INCREASE AT J & J SNACK FOODS
 PENNSAUKEN, N.J., July 23 /PRNewswire/ -- J & J Snack Foods Corp. (NASDAQ: JJSF) today announced increased sales and earnings for the third quarter and nine months ended June 27, 1992.
 Sales for the third quarter increased 17 percent to $33,478,000 from $28,632,000 in last year's third quarter. Net earnings increased 5 percent to $1,840,000 compared to $1,760,000 last year. Earnings per share decreased to $.17 based on 10,808,000 shares for the third quarter from $.20 based on 8,958,000 shares last year.
 For the nine months ended June 27, 1992, sales increased 14 percent to $89,036,000 from $78,340,000 in last year's same period. Net earnings increased 7 percent to $3,642,000 from $3,390,000. Earnings per share were $.34 based on 10,829,000 shares in the current nine-month period compared to $.40 based on 8,557,000 shares last year.
 Gerald B. Shreiber, J & J's president and chief executive officer, commented, "Although expectations for the quarter were impacted by disappointing results from our frozen carbonated beverage business, our snack food sales and earnings continued their strong showing."
 J & J Snack Foods manufactures and markets nutritional snack foods to the food service and retail supermarket industries. Its principal products include SUPERPRETZEL soft pretzels, ICEE and FROZEN COKE frozen carbonated beverages, frozen treats and desserts, churros and baked goods.
 J & J SNACK FOODS CORP.
 Periods ended Three months Nine months
 June 27 June 29 June 27 June 29
 1992 1991 1992 1991
 Net sales $33,478,000 $28,632,000 $89,036,000 $78,340,000
 Net earnings 1,840,000 1,760,000 3,642,000 3,390,000
 Earnings per share $.17 $.20 $.34 $.40
 Weighted average
 shares 10,808,000 8,958,000 10,829,000 8,557,000
 /delval/
 -0- 7/23/92
 /CONTACT: Dennis G. Moore, vp and CFO of J & J Snack Foods, 609-665-9533/
 (JJSF) CO: J & J Snack Foods Corp. ST: New Jersey IN: FOD SU: ERN


MP-MK -- PH002 -- 2276 07/23/92 08:39 EDT
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Publication:PR Newswire
Date:Jul 23, 1992
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