Dividends & Buybacks ·
John B. Sanfilippo & Son, Inc. reported fiscal 2026 fourth-quarter net sales of $280.4 million, a 4.2% increase…
JBSSSanfilippo John B & Son Inc
John B. Sanfilippo & Son, Inc. reported fiscal 2026 fourth-quarter net sales of $280.4 million, a 4.2% increase, driven by higher selling prices that offset modest volume growth. Diluted EPS declined 38.3% to $0.71 due to recall-related costs, manufacturing inefficiencies, and higher input expenses. Full-year net sales reached a record $1.18 billion, with diluted EPS rising 4.6% to $5.26. The company announced a special dividend of $1.05 per share in addition to an annualized regular dividend rate of $0.95 per share, totaling $3.50 per share for the calendar year. CEO Jeffrey T. Sanfilippo will step down as Chief Executive Officer in October to become Executive Chairman, succeeded by his brother Jasper. The company operates in the food processing industry, specifically as a processor and distributor of nut and dried fruit products.