05:42 AM EDT, 08/29/2025 (MT Newswires) -- J & J Snack Foods ( JJSF ) disclosed late Thursday plans to, among other things, close certain manufacturing plants to optimize its production footprint.
The firm expects to record total pre-tax plant closure and related asset impairment charges of between $12 million and $20 million in Q4 and into fiscal 2026.
The optimization is expected to generate pre-tax cost savings of about $15 million on an annualized run-rate basis.
The planned closures include asset write-down and write-off charges, as well as severance and related benefits costs, the company said in a regulatory filing.