Oct 28, 4:13 PM ET
John B. Sanfilippo & Son reported first-quarter fiscal 2027 results for the quarter ended September 24, 2026, with net sales down 3.5% to $288.1 million and diluted EPS down 30.2% to $1.11. Sales volume was flat at 90.5 million pounds, while a 3.6% drop in the weighted average selling price per pound and higher operating expenses reduced profitability for shareholders.
- Net sales decreased $10.5 million, or 3.5%, to $288.1 million, driven by a 3.6% decline in weighted average selling price per pound
- Gross profit fell 9.6% to $48.9 million; gross profit margin declined to 17.0% from 18.1%
- Diluted EPS decreased 30.2% to $1.11 from $1.59; net income was $13.2 million versus $18.7 million
- Management will host a conference call on October 29, 2026 at 10:00 a.m. Eastern
Read the filing on SEC.gov ↗
Oct 2, 4:16 PM ET
Effective October 1, 2026, Jasper B. Sanfilippo, Jr. became chief executive officer, Jeffrey T. Sanfilippo moved to executive chair, and Frank Pellegrino was named president and chief financial officer. The filing also sets out Pellegrino's new pay package, which includes a higher base salary and additional equity awards, so the leadership change and its cost are relevant to shareholders.
- Jasper B. Sanfilippo, Jr., previously chief operating officer, president and secretary, became CEO on October 1, 2026.
- Jeffrey T. Sanfilippo, former CEO, became executive chair of the Board on October 1, 2026.
- Pellegrino's base salary rose to $700,000 per year, with a target bonus of 100% of salary.
- Pellegrino will receive a $600,000 annual equity award for fiscal 2027 plus a one-time $750,000 equity award.
Read the filing on SEC.gov ↗
Aug 19, 4:13 PM ET
John B. Sanfilippo & Son reported fiscal 2026 fourth-quarter diluted EPS of $0.71, down 38.3%, even though net sales rose 4.2% to $280.4 million. Higher input and transportation costs, a $2.7 million recall-related cost and other factors weighed on gross profit, while full-year net sales rose 6.2% to $1.18 billion and full-year diluted EPS rose 4.6% to $5.26. The company also said CEO Jeffrey T. Sanfilippo will step down in October to become Executive Chairman, with his brother Jasper succeeding him as CEO.
- Q4 net sales rose 4.2% to $280.4 million, but gross margin fell to 15.7% from 18.1% and diluted EPS fell 38.3% to $0.71.
- Full-year net sales rose 6.2% to $1.18 billion and diluted EPS rose 4.6% to $5.26; sales volume fell 2.5%.
- Annual dividend declared was raised 5.6% to $0.95 per share, plus a special dividend of $1.05 per share, both payable September 9, 2026.
- Jeffrey T. Sanfilippo steps down as CEO in October; Jasper Sanfilippo will succeed him.
Read the filing on SEC.gov ↗
Jul 16, 4:15 PM ET
John B. Sanfilippo & Son announced that CEO Jeffrey T. Sanfilippo will become Executive Chair on October 1, 2026, and the board named Jasper B. Sanfilippo, Jr. as his successor as CEO on that date. The board also named CFO Frank Pellegrino as President and CFO effective the same day, so leadership changes take effect together.
- Jasper B. Sanfilippo, Jr., 58, current COO, President and Secretary, becomes CEO effective October 1, 2026; he has been with the company since 1991 and joined the board in December 2003.
- Jeffrey T. Sanfilippo moves from CEO to Executive Chair of the Board effective October 1, 2026.
- Frank Pellegrino, 52, current CFO and Executive Vice President, Finance and Administration, becomes President and CFO effective October 1, 2026.
- Related party lease and compensation arrangements are described in the September 11, 2025 proxy statement, incorporated by reference.
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
