Hain Celestial Completes the Sale of Thinsters® Cookie Brand to J&J Snack Foods [Yahoo! Finance]
J & J Snack Foods Corp. (JJSF)
Last j & j snack foods corp. earnings: 4/27 04:00 pm
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Source: Yahoo! Finance
to inspire healthier living through better-for-you brands, announced today that it has completed the sale of its Thinsters® cookie business to J&J Snack Foods. The all-cash transaction that closed on April 8, 2024 , further optimizes the company's better-for-you portfolio and will be used to pay down company debt. "Divesting Thinsters further streamlines our supply chain network and strengthens our ability to focus our efforts on driving greater reach and scale of our core better-for-you brands across our categories of focus," said Wendy Davidson , Hain Celestial President and CEO. "We are pleased to reach this agreement with J&J Snack Foods and are confident that the business will thrive under their leadership." In September 2023 Hain introduced Hain Reimagined , the company's multi-year transformation plan to pivot the business to growth. The strategy is grounded in executing four core pillars: Focus, Grow, Build and Fuel. The Thinsters divestiture contributes to the Focus Pilla
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JJSF
News
- J&J Snack (JJSF) Bolsters Portfolio With Thinsters Acquisition [Yahoo! Finance]Yahoo! Finance
- J&J Snack Foods acquires Thinsters [Seeking Alpha]Seeking Alpha
- J&J Snack Foods Acquires Thinsters® [Yahoo! Finance]Yahoo! Finance
- J&J Snack Foods Acquires Thinsters®PR Newswire
- The past three years for J&J Snack Foods (NASDAQ:JJSF) investors has not been profitable [Yahoo! Finance]Yahoo! Finance
JJSF
Earnings
- 2/5/24 - Miss
JJSF
Sec Filings
- 4/12/24 - Form 4
- 2/20/24 - Form 4
- 2/16/24 - Form 8-K
- JJSF's page on the SEC website