Mainland Journal from Pleasantville, New Jersey • A3

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seven days a week. NJ HOTLINE FOR COVID VACCINATION QUESTIONS PENNSAUKEN Snack Foods Corp. has report- ed sharply higher sales and earnings for its latest quar- ter, the return of traditional customers in schools, amusement parks and other venues. "Our business performance is starting to from an economy that is moving much closer to pre- COVID activities," Dan Fachner, the Pennsauken president, said in announcing third-quarter results. J's sales rose 51 percent from a year ago, totaling $324.3 million in the three months ended June 26.

Net earnings of $28.9 million, or $1.51 per diluted share, compared to a year-before loss of $12.6 million, or 67 cents per share. income increased to $38.1 million in the current quarter versus a $19.4 million loss last the company said. J's product line includes soft pretzels, frozen beverages, funnel cakes and churros. The said third-quarter sales rose by 68 percent for its food service unit and by 83 for its frozen bever- age business. These were helped by a comeback for schools, restaurants, convenience stores and amuse- ment parks.

acknowledged theater attendance remains down, but said and ticket sales are improving "and should further our business down the road. But the company noted a 6 percent decline for retail sales, including a 12 percent drop for soft pretzels. This occurred primarily because year-before demand was boosted by the purchase of snacks by home-bound consumers. For the nine months of its year, sales rose by 7 percent to $821.5 million. Net earnings were $36.7 million, or $1.92 per diluted share for the nine months.

That compared to $11.7 mil- lion, or $1.92 per share, in the year-before period. Operating income jumped almost 250 percent to $46 million, despite a $2.1 million reduction for costs related to COVID-19. Jim Walsh covers public safety, economic develop- ment and other beats for the Courier-Post, Burlington County Times and The Daily Journal. Support local journalism with a subscription. Pennsauken snack posts higher sales, earnings as COVID limits ease Jim Walsh Cherry Hill Courier-Post USA TODAY NETWORK NEW JERSEY A truck trailer sits at the Pennsauken headquarters of Snack Foods Corp.

JIM WALSH, COURIER-POST know? I hate to see happening down there on High The proposed agreement calls for the authority to be paid $100,000 per year for years for a total of $500,000. Northeast Precast would have the option to buy it for $1 at the end of that period. The authority also would be paid $625 per month to satisfy a payment-in-lieu-of-taxes agreement. The tenant would pay for all utilities and operating ex- penses, Velazquez said. Millville National Bank closed the building in 1995.

It retains a massive, walk-in safe. Ownership then changed several times before pass- ing to the city, which then sold it in 1999 for $200,000 to the authority. The authority then transferred its administrative of- there. The monumental building, which dates to about 1908, reopened in July 2002 after extensive ren- ovations. In 2019, there were talks among authority and Mill- ville about a deal.

The propos- al, which was rejected, was to move Municipal Court there from the police building at 18 South High St. Joe Smith is a N.E. Philly native transplanted to South Jersey more than 30 years ago, keeping an eye now on government in South Jersey. He is a former edi- tor and current senior writer for The Daily Jour- nal in Vineland, Courier-Post in Cherry Hill, and the Burlington County Times. Have a tip? Reach out at (856) 563-5252 or or follow me on Twitter, Help support local journalism with a subscription.

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