Earnings ·
Reports Q1 fiscal 2027 diluted EPS of $1.11 on net sales of $288.1 million
JBSSSanfilippo John B & Son Inc
John B. Sanfilippo & Son reported first-quarter fiscal 2027 results with diluted earnings per share of $1.11, a 30.2% decline from the prior year period. Net sales decreased 3.5% to $288.1 million, driven by lower weighted average selling prices and reduced private brand volumes in the consumer channel, partially offset by growth in commercial ingredients and contract manufacturing segments. Gross profit fell 9.6% to $48.9 million as gross margins compressed to 17.0%. The company noted stable sales volume at 90.5 million pounds and highlighted improved profitability compared to the fourth quarter of fiscal 2026. John B. Sanfilippo & Son is a processor, packager, marketer, and distributor of nut and dried fruit products and bars.