J&J Snack Foods (JJSF) reported fiscal Q1 adjusted earnings late Monday of $0.33 per diluted share, down from $0.52 a year earlier.
Analysts polled by FactSet expected $0.59.
Net sales in the three months ended Dec. 28 rose to $362.6 million from $348.3 million a year earlier.
Analysts surveyed by FactSet expected $360.9 million.
The company's shares fell 4.1% in recent after-hours trading.