J & J Snack Foods Corp. (JJSF) CEO Gerald Shreiber on Q1 2020 - Earnings Call Transcript

J & J Snack Foods Corp. (NASDAQ:JJSF) Q1 2020 Results Earnings Conference Call January 28, 2020 10:00 AM ET

Company Participants

Gerald Shreiber - Chief Executive Officer
Dan Fachner - President of the ICEE Company
Dennis Moore - Chief Financial Officer
Robert Radano - Chief Operations Officer
Robert Pape - Vice President of Sales
Gerard Law - Senior Vice President of Operations
Marjorie Shreiber Roshkoff - Legal representative
Bo Powell - Sales Manager, food service

Conference Call Participants

Rob Dickerson - Jefferies
Jon Andersen - William Blair
Ryan Bell - Consumer Edge

Operator

Welcome to the J&J Snack Foods First Quarter Earnings Conference Call. My name is Paulette, and I will be your operator for today's call. [Operator Instructions] I will now turn the call over to Gerry Shreiber, you may begin.

Gerald Shreiber

Thank you, Paulette. Good morning everybody, and welcome to our conference call for our first quarter. Let me begin by introducing who is in the room with me Dennis Moore, our Chief Financial Officer; Bob Radano, our Chief Operations Officer; Bob Pape, our Vice President of Sales; Jerry Law, Senior Vice President of Operations; Marjorie Shreiber Roshkoff, our legal representative; and Bo Powell, Sales Manager for our Food Service. Did I get everybody?

Let me begin. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ from those projected in the forward-looking 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 the date hereof.

Results of operations. Net sales increased 4% for the quarter, which include sales from the acquisition of a ICEE Distributor in October