JJSF食品 2026年季度报告

FORM 10-Q or Commission File Number: 0-14616 J&J SNACK FOODS CORP. (Exact name of registrant as specified in its charter) Securities registered pursuant to Section 12(b) of the Exchange Act: If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). .☐Yes☒No INDEX PageNumberPart I.Financial InformationItem l.Consolidated Financial StatementsConsolidated Balance Sheets –December 27, 2025 (unaudited) and September 27, 20253Consolidated Statements of Earnings (unaudited)–Three Months Ended December 27, 2025 and December 28, 20244 The accompanying unaudited Consolidated Financial Statements have been prepared in accordance with accounting principlesgenerally accepted in the United States for interim financial information and with the instructions to Form 10-Q and Rule 10-01of Regulation S-X. They do not include all information and notes required by generally accepted accounting principles for In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consistingof only normal recurring adjustments) necessary to present fairly the Company’s financial position and the results of operations and cash flows. The results of operations for the three months ended December 27, 2025 and December 28, 2024 are not necessarily indicative ofresults for the full year. Sales of our frozen beverages and frozen novelties are generally higher in the fiscal third and fourth While we believe that the disclosures presented are adequate to make the information not misleading, it is suggested that theseconsolidated financial statements be read in conjunction with the audited consolidated financial statements and the notes included Revenue Recognition We recognize revenue in accordance with ASC 606, “Revenue from Contracts with Customers.” Revenue-related taxes collectedon behalf of customers and remitted to taxing authorities, principally sales and use taxes, are not included in revenues. When Performance Obligations Are Satisfied A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and is the unit ofaccount for revenue recognition. A contract’s transaction price is allocated to each distinct performance obligation and recognized The performance obligations of our customer contracts for product and machine sales is determined by each individual purchaseorder and the respective products ordered, with revenue being recognized at a point-in-time when the obligation under the termsof the agreement is satisfied and product control is transferred to our customer. Specifically, control transfers to our customers The singular performance obligation of our customer contracts for time and material repair and maintenance equipment service isthe performance of the repair and maintenance with revenue being recognized at a point-in-time when the repair and maintenance The singular performance obligation of our customer repair and maintenance equipment service contracts is the performance ofthe repair and maintenance with revenue being recognized over the time the service is expected to be performed. Our customers Significant Payment Terms In general, within our customer contracts, the purchase order identifies the product, quantity, price, pick-up allowances, paymentterms and final delivery terms. Although some payment terms may be more extended, presently, the majority of our paymentterms are 30 days. As a result, we have used the available practical expedient and, consequently, do not adjust our revenues for Shipping All amounts billed to customers related to shipping and handling are classified as revenues; therefore, we recognize revenue forshipping and handling fees at the time the products are shipped or when services are performed. The cost of shipping products to Variable Consideration In addition to fixed contract consideration, our contracts include some form of variable consideration, including sales discounts,trade promotions and certain other sales and consumer incentives, including rebates and coupon redemptions. In general, variableconsideration is treated as a reduction in revenue when the related revenue is recognized. Depending on the specific type ofvariable consideration, we use the most likely amount method to determine the variable consideration. We believe there will beno significant changes to our estimates of variable consideration when any related uncertainties are resolved with our customers. Warranties & Returns We provide all customers with a standard or assurance type warranty. Either stated or implied, we provide assurance the relatedproducts will comply with all agreed-upon specifi