J&J Snack Foods to close 3 manufacturing sites in business revamp

Group 1 - J&J Snack Foods is implementing a transformation plan called Project Apollo, expected to generate at least $20 million in annualized operating income by 2026 [3][8] - The plan includes the closure of three production facilities by the end of Q1 2026, located in Atlanta, Holly Ridge (North Carolina), and Colton (California) [8] - The closures are part of a strategy to optimize the manufacturing footprint and are supported by investments to modernize and expand capacity for core products [8] Group 2 - The company has achieved an 8.3% reduction in distribution expenses year over year in Q4 2025, attributed to fewer internal transfers and improved truck utilization [4] - Project Apollo aims to yield $3 million in annualized savings from the ongoing revamp of the distribution system [5] - The overall transformation plan is designed to enhance efficiencies within the company's operations and improve the distribution network [6]