J & J Snack Foods Corp. (JJSF) CEO Gerald Shreiber on Q3 2018 Results - Earnings Call Transcript

Jul. 31, 2018 4:28 PM ETJ&J Snack Foods Corp. (JJSF)
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J & J Snack Foods Corp. (NASDAQ:JJSF) Q3 2018 Earnings Conference Call July 31, 2018 10:00 AM ET


Gerald Shreiber - Chief Executive Officer

Bob Pape - Senior Vice President

Gerard Law - Senior Vice President


Michael Gallo - CL King & Associates

Akshay Jagdale - Jefferies

Jon Andersen - William Blair & Company

Brian Rafn - Morgan Dempsey Capital Management


Welcome to the J & J Snack Foods Third Quarter Earnings Conference Call. My name is Paulette and I will be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session. [Operator Instructions] Please note the conference is being recorded.

Now I'll turn the call over to Gerry Shreiber. You may begin.

Gerald Shreiber

Thank you, Paulette and welcome everybody. I want to begin with the forward-looking statements pre-empt the conference call. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ from those projected in these statements. You are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. We undertake no obligation to publicly revise or update these forward-looking statements to reflect events or circumstances that arise after this date.

With me today is Bob Radano, our Senior Vice President and COO; Gerry Law, who is our Senior Vice President and my Personal Assistant; Bob Pape, who is Senior Vice President in charge of sales; Dennis Moore, who is our CFO and Bo Powell, who is our Vice President of Sales Food Service. Also on the phone in a remote location is Dan Fachner, F-A-C-H-N-E-R, President of our ICEE group.

Alright, I'll begin. Results of operations. Net sales increased 4% for the quarter and 9% for the nine

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