J&J Snack Foods (JJSF) stock plummeted 12.36% in pre-market trading on Tuesday following the release of its fiscal 2025 second-quarter results, which fell significantly short of market expectations. The snack food manufacturer's disappointing financial performance triggered a substantial sell-off among investors.

The company reported second-quarter adjusted earnings of $0.35 per diluted share, a steep decline from $0.84 in the same period last year and well below the FactSet analyst consensus estimate of $0.65. Sales for the quarter ended March 29 came in at $356.1 million, down from $359.7 million a year earlier and missing the FactSet expectation of $366 million. The reported sales figure also fell short of the IBES estimate of $367 million.

This underwhelming performance raises concerns about J&J Snack Foods' ability to maintain growth and profitability in the competitive snack food industry. The company's net earnings stood at a modest $4.824 million, with an operating income of $6.023 million for the quarter. As investors digest these results, analysts will likely reassess their outlook on the company, potentially leading to further market reactions in the coming days.