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Friday, January 30, 2009

Should J&J Snack Foods buy Tastykake?

J&J Snack Foods, Pennsauken, overcame higher commodity prices and weak demand in its mall and cafeteria markets to boost sales and profits last year by finding new store outlets for newly-acquired Daddy Ray fig bars,Tio Pepe churros, Dogster biscuits and other small junk food and snack brands. J&J  now boasts triple the sales and more than ten times the share price of that iconic Philadelphia lunchbox cake and pie baker, Tastykake. Should they join forces? See today's PhillyDeals print column here.
   
Posted by Joseph N. DiStefano @ 9:44 AM  Permalink | 6 comments
Comments   
  • 0 like this / 0 don't   •   Posted 1:38 PM, 05/25/2009
    J&J is junk food! Tastykakes are a gourmet snack food!
    — Nihilist
  • 0 like this / 0 don't   •   Posted 2:15 PM, 05/25/2009
    Why ruin a Good thing!! Look what happen to Bryers Ice Cream!!
    — JOG
  • Comment removed.
  • 0 like this / 0 don't   •   Posted 3:57 PM, 05/25/2009
    Knowing the manufacturing environment at J&J, should they purchase Tastykake, I'll never buy another Tastykake product again.
    — Jon Corleone
  • 0 like this / 0 don't   •   Posted 12:37 AM, 05/26/2009
    No way J&J should buy Tastykake,they would ruin a great company.I dont buy J&J products.Dont like to company.
    — villare1
  • 0 like this / 0 don't   •   Posted 2:44 PM, 05/26/2009
    Mikemike, J&J's fig bars -- Daddy Ray's -- claims low fat content, 1% or less of daily allowance per fig bar, last I checked. What fat data are you looking at?
    — distefj


6 comments
About Joseph N. DiStefano
Joseph N. DiStefano writes this blog to feed his PhillyDeals column in the Philadelphia Inquirer. Joe has been a member of Bloomberg LP’s New York Finance Team, wrote the book “Comcasted,” taught writing at St. Joseph’s University, and studied economics and history at Penn. Reach Joe at 215-854-5194 and JoeD@phillynews.com
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