jjsf20191001_8k.htm
false 0000785956 0000785956 2019-10-03 2019-10-03

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 3, 2019

 

 

J&J SNACK FOODS CORP.

 

(Exact name of registrant as specified in its charter)

 

New Jersey 0-14616 22-1935537
(State or Other (Commission (I.R.S. Employer
Jurisdiction of Organization) File Number) Identification No.)

                                                                                                                            

          6000 Central Highway, Pennsauken, New Jersey 08109

(Address of principal executive offices) (Zip Code)

 

Registrant's telephone number, including area code: (856) 665-9533

 

N/A

(Former name or former address, if changed since last report)

 

Securities registered pursuant to Section 12(b) of the Exchange Act:

 

Title of Each Class Trading Symbol(s)  Name of Each Exchange on Which Registered
Common Stock, no par value JJSF The NASDAQ Global Select Market

              

                        

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

     Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2(b))

 

     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

1

 

 

ITEM 8.01. OTHER EVENTS

 

On October 3, 2019, the Company issued a press release announcing that it has acquired the assets of ICEE Distributors.

 

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

 

(d) Exhibits

 

Exhibit Number Description of Document
   
99.1 Press Release dated October 3, 2019
   
104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

               

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

J & J SNACK FOODS CORP.

   
 

By:     /s/     Gerald B. Shreiber

   
   
   
 

Gerald B. Shreiber

President

   
   
 

/s/     Dennis G. Moore

   
   
   
 

Dennis G. Moore

Chief Financial Officer

 

Date: October 3, 2019

 

 

 

 

 

 

 

EXHIBIT INDEX

 

Exhibit Number Description
   
99.1 Press Release dated October 3, 2019
   
104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

              

3

 

ex_159160.htm

Exhibit 99.1

 

 

 

Contact: Dennis Moore

J&J Snack Foods Corp.

856-532-6603

dmoore@jjsnack.com 

FOR IMMEDIATE RELEASE

 

 

J&J Snack Foods Corp. Acquires

ICEE Distributor In Louisiana

 

 

Pennsauken, NJ, October 3, 2019 - J & J Snack Foods Corp. (NASDAQ-JJSF) announced today that its wholly owned subsidiary, The ICEE Company, has acquired the assets of ICEE Distributors, based in Bossier City, Louisiana. ICEE Distributors does business in Arkansas, Louisiana and Texas with annual sales of approximately $13 million. The sale was effective on October 1, 2019.

 

Dan Fachner, President of The ICEE Company, commented “We are excited to be able to sell the ICEE branded frozen beverage across the state of Louisiana. ICEE is our flagship brand and we look forward to adding this part of the country to our portfolio."

 

 

About The ICEE Company

 

Founded in 1967, The ICEE Company is the leader and innovator in the frozen beverage industry, offering the most comprehensive frozen beverage package and service network in the beverage and foodservice categories. The brand portfolio includes ICEE, SLUSH PUPPiE, ARCTIC BLAST , PARROT-ICE fruit smoothies, THELMA’s frozen lemonade, Nitro cold brew frozen coffee dispensed out of TWISTED CHILL by ICEE machines, and frozen cocktails. The ICEE Company is also a major service provider to the foodservice category through ICEE Managed Service. The ICEE Company is a subsidiary of J&J Snack Foods Corp. (NASDAQ-JJSF), and operates Service Centers throughout the United States, Mexico, Canada. ICEE is distributed globally across Europe, China, Central America, the GCC and Australia.

 

About J&J Snack Foods Corp.

J&J Snack Foods Corp. (NASDAQ: JJSF) is a leader and innovator in the snack food industry, providing innovative, niche and affordable branded snack foods and beverages to foodservice and retail supermarket outlets. Manufactured and distributed nationwide, our principal products include SUPERPRETZEL, the #1 soft pretzel brand in the world, as well as internationally known ICEE and SLUSH PUPPIE frozen beverages, LUIGI’S Real Italian Ice, MINUTE MAID* frozen ices, WHOLE FRUIT sorbet and frozen fruit bars, SOUR PATCH KIDS** Flavored Ice Pops, Tio Pepe’s & CALIFORNIA CHURROS, and THE FUNNEL CAKE FACTORY funnel cakes and several bakery brands within DADDY RAY’S, COUNTRY HOME BAKERS and HILL & VALLEY. With nearly twenty manufacturing facilities, and more than $1 billion in annual revenue, J&J Snack Foods Corp. has continued to see steady growth as a company, reaching record sales for 47 consecutive years. The company consistently seeks out opportunities to expand its unique niche market product offering while bringing smiles to families worldwide. For more information, please visit http://www.jjsnack.com.

 

*MINUTE MAID is a registered trademark of The Coca-Cola Company.

**SOUR PATCH KIDS is a registered trademark of Mondelçz International group, used under license.