J&J Snack Foods Corp (NASDAQ:JJSF) Q2 2020 Earnings Conference Call April 28, 2020 10:00 AM ET
Company Participants
Gerry Shreiber - President and CEO
Deb Kane - Director of Food Service Safety and Quality Assurance
Dennis Moore - Senior VP, CFO, Treasurer & Director
Dan Fachner - President of ICEE company
Bob Pape - SVP of Sales
Conference Call Participants
Rob Dickerson - Jefferies
Ryan Bell - Consumer Edge Research
Jon Andersen - William Blair & Company
Todd Brooks - CL King & Associates
Robert Costello - Asset Management Inc
Operator
Welcome to the J&J Snack Foods Second Quarter Earnings Conference Call. My name is Richard, 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 the question-and-answer session. [Operator Instructions] Please note that this conference is being recorded.
I will now turn the call over to Gerry Shreiber, President and CEO. Mr. Shreiber, you may begin.
Gerry Shreiber
Thank you. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially 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 decrease 2% for the quarter, without sales from the acquisition of ICEE Distributor in October 2019 and BAMA ICEE in February 2020 sales also decreased 2% for the quarter. Foodservice. Sales to foodservice customers decrease 2% for the quarter and decrease 1% for the six months. Our sales decrease for the quarter was due to decreased sales of soft pretzels down 8%, churros down 6%, funnel cake down 44% and handhelds
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