US-based J & J Snack Foods has reported a 13% rise in H1 2014 net earnings to $25.9m, compared to $22.9m in the corresponding period a year ago.
The company posted an increase in its sales by 4% to $408.8m from $392.8m in the first six months of fiscal 2013.
For the second quarter ended 29 March 2014, net earnings rose by 7% to $13.5m, compared to $12.7m in Q2 2013. Sales were also up 2% to $205.3m from $201.3m in the same quarter last year.
J & J Snack Foods president and chief executive officer Gerald Shreiber said that even though sales and earnings were up for the quarter, the company was were impacted by the severe weather during the period.
"It appears that the "thaw into spring" has helped spring our sales back to higher levels as sales for our first three weeks of April were up 8% over our sales for the first three weeks of last year's April," Shreiber noted.
J&J Snack Foods offers nutritional and affordable snack foods and beverages to foodservice and retail supermarket outlets. Its principal products include SUPERPRETZEL, BAVARIAN BAKERY and other soft pretzels.
