J&J Snack Foods Corp.(Last Licks)

Ice Cream Reporter, March, 2008

J&J Snack Foods Corp. has announced that it will be increasing prices across many of its product lines in April because of "continuing unprecedented commodity cost increases impacting its. ingredients input costs." The price increases will be centered on products that are particularly impacted by increases in dairy and wheat costs.

The increases will be as high as 12% depending on the ingredient makeup of individual product lines. This will be J & J's second price increase in a six month period as it attempts to recover more of the commodity cost increases which have been impacting its margins. Gerald B. Shreiber, J & J's President and Chief Executive Officer, commented, "While we continue to manage our company for the long term and are sensitive to the impact on...

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