Snacks & Candy

J&J Snack Foods Adds Veeps

Appointments across several subsidiaries

PENNSAUKEN, N.J. -- J&J Snack Foods has appointed several key vice presidents this past weekend at its 35th anniversary and national sales meeting held in Phoenix.

John Griffith, a 12-year veteran of J&J Snack Foods, has been named vice president of information systems. He began his career as a network administrator with the ICEE division of J&J Snack Foods. He moved to the corporate offices in New Jersey as director of IT in April 2004.

Barbara Dassatti has been promoted to regional vice president of foodservice sales, [image-nocss] for the Northeast. She started with J&J Snack Foods in 1992 as a regional manager. She recently held the position of director of the Mid-Atlantic region.

Ernest Fogle of J&J Snack Foods' Frozen Desserts Division has been named vice president of R&D, MIA Frozen Desserts. He came to J&J Snack Foods in March 1997 through the acquisition of Mama Tish International Foods, where he was head of quality assurance and R&D.

Tom Hunter has been named vice president and general manager of Uptown Bakeries, a subsidiary of J&J Snack Foods that produces a full-line of fresh baked goods including doughnuts, bagels, muffins and fancies. He has been with the company for three years.

Mike Harvison has been promoted to vice president and general manager of Country Home Bakers, another subsidiary company of J&J Snack Foods. He spent 12 years with Country Home Bakers prior to it being acquired by J&J Snack Foods. He is located in Atlanta at the company's plant. Country Home Bakers produces a full-line of bakery products for in-store bakery/deli, as well as cookies, biscuits, rolls and more under the Readi-Bake brand.

Charles Tommolino has been appointed as vice president of foodservice sales Readi-Bake for Country Home Bakers. He came to J&J Snack Foods from Pennant Foods. Prior to Pennant, he worked for Pillsbury and Unilever.

David Lauder has been named vice president and controller for The ICEE Co., part of J&J Snack Foods Frozen Beverages Division, along with Slush Puppie. He joined ICEE in 1993 as an accounting manager and was soon promoted to controller.

J&J Snack Foods sales for the fiscal year ended Sept. 30, 2006 (53 weeks), increased 13% to $514.8 million from $457.1 million in the fiscal year ended Sept. 24, 2005 (52 weeks). Net earnings increased 13% to $29.5 million in fiscal 2006 from $26 million in fiscal 2005. On a per diluted share basis, earnings increased 12% to $1.57 from $1.40. Operating income increased 12% to $45.1 million this year from $40.2 million in the year ago period.

For the fourth quarter ended Sept. 30, 2006 (14 weeks), sales increased 19% to $154.1 million from $129.8 million in the fourth quarter ended Sept. 24, 2005 (13 weeks). Net earnings increased 16% to $11.5 million in the current year quarter from $9.9 million. Earnings per diluted share were 61 cents this year compared to 53 cents last year. Operating income increased 18% to $18.1 million from $15.4 million in the year ago period.

J&J Snack Foods Corp. manufactures an expanding variety of nutritional snack foods to the food service and retail supermarket industries. Its principal products include frozen soft pretzels under Superpretzel, Pretzel Fillers and other brand names; ICEE and Slush Puppie frozen beverages; Luigi's Real Italian Ice, Chill, Barq's, and Shape Ups brands; frozen juice bars and Soft Frozen Lemonade under the Minute Maid brand name, Tio Pepe's churros; The Funnel Cake Factory funnel cakes; and cookies under the Readi-Bake, Mrs. GoodCookie and Camden Creek brands.

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