Every material Form 8-K John B. Sanfilippo & Son has filed with the SEC since January 31, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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
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.
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.
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.
John B. Sanfilippo & Son reported fiscal 2026 third-quarter results, with net sales up 8.0% to a record $281.8 million on an 8.3% higher average selling price per pound, while sales volume was essentially flat. Profit fell: diluted EPS decreased 16.9% to $1.43 and gross margin declined to 19.1% from 21.4%, mainly due to lower inventory valuation adjustments than in the prior-year quarter. For the nine months, net sales rose 6.8% to $895.2 million and diluted EPS rose 17.6% to $4.55.
Q3 net sales increased $20.9 million, or 8.0%, to $281.8 million; sales volume was essentially flat at 84.4 million pounds
Q3 gross profit decreased 3.8% to $53.8 million; diluted EPS decreased 16.9% to $1.43 from $1.72
Nine-month diluted EPS increased 17.6% to $4.55; net sales rose 6.8% to $895.2 million
Conference call scheduled for Thursday, April 30, 2026, at 10:00 a.m. Eastern
John B. Sanfilippo & Son reported fiscal 2026 second-quarter results for the period ended December 25, 2025. Net sales rose 4.6% to $314.8 million and diluted earnings per share rose 31.9% to $1.53, although sales volume fell 9.7%, with higher selling prices driving the revenue gain. Shareholders received higher profit per share, while the company said it has navigated headwinds from shifting consumer behavior and elevated retail selling prices.
Net sales rose $13.7 million, or 4.6%, to $314.8 million, driven by a 15.8% increase in weighted average selling price per pound
Diluted EPS was $1.53 versus $1.16 a year earlier; six-month diluted EPS was $3.12, up 44.4%
Sales volume fell 9.7% to 87.0 million pounds; gross profit margin rose to 18.8% of net sales from 17.4%
A special dividend of $1.00 per share was distributed at the start of the third quarter; an investor call is set for January 30, 2026
John B. Sanfilippo & Son reported fiscal 2026 first-quarter results for the period ended September 25, 2025. Net sales rose 8.1% to $298.7 million, mainly because the weighted average selling price per pound rose 8.9%, while sales volume fell 0.7%, and diluted EPS increased 59% to $1.59. Management said sustaining this level of EPS improvement for the rest of fiscal 2026 may be challenging.
Net sales increased $22.5 million, or 8.1%, to $298.7 million; sales volume decreased 0.7% to 90.5 million pounds.
Diluted EPS was $1.59 versus $1.00 a year earlier; net income was $18.7 million versus $11.7 million.
Gross profit margin rose to 18.1% of net sales from 16.9%; total inventories increased $40.2 million, or 20.6%.
Management said sustaining this quarter's EPS improvement for the rest of fiscal 2026 may be challenging; the investor call is set for October 30, 2025 at 10:00 a.m. Eastern.
John B. Sanfilippo & Son reported fiscal 2025 fourth-quarter and full-year results. Quarterly diluted EPS rose 33.7% even as net sales slipped 0.2% and gross profit fell 2.4%, while full-year net sales rose 3.8% but diluted EPS fell 2.3%. The release gives no numeric fiscal 2026 forecast and cites tariffs, inflation and commodity costs as ongoing uncertainties.
Q4 net sales fell 0.2% to $269.1 million; Q4 diluted EPS rose 33.7% to $1.15
Full-year net sales rose 3.8% to $1.11 billion; full-year diluted EPS fell 2.3% to $5.03
Gross profit margin fell to 18.4% for the full year from 20.1%, mainly due to higher commodity acquisition costs
Special dividend of $0.60 per share and annual dividend of $0.90 per share, both payable September 11, 2025
John B. Sanfilippo & Son, Inc. eliminated its Vice President, General Counsel position on August 5, 2025, and on August 12, 2025 signed a separation agreement with Gina Lakatos, who held the role. The filing describes a $150,000 separation payment and 26 weeks of COBRA health insurance premium reimbursement in exchange for customary releases and restrictive covenants, a routine executive departure with limited direct financial effect.
Position eliminated: Vice President, General Counsel, announced August 5, 2025
Separation agreement dated August 12, 2025 with Gina Lakatos
Separation payment of $150,000 plus reimbursement of 26 weeks of COBRA health insurance premiums
John B. Sanfilippo & Son said it eliminated the Vice President, General Counsel position, and Gina Lakatos left the company on August 5, 2025 to pursue other opportunities. The filing thanks Lakatos for her contributions to the company's legal function and does not name a successor or describe any financial effect.
Position eliminated: Vice President, General Counsel, announced August 5, 2025
Gina Lakatos left the company on August 5, 2025 to pursue other opportunities
Filing does not name a replacement or state any financial impact
Report dated August 8, 2025, signed by CFO Frank S. Pellegrino
John B. Sanfilippo & Son reported third-quarter fiscal 2025 results for the quarter ended March 27, 2025. Net sales fell 4.0% to $260.9 million on a 7.9% drop in sales volume, while diluted EPS rose 49.6% to $1.72, helped by a 21.4% gross margin and inventory valuation adjustments the company said may not recur next quarter. Nine-month diluted EPS fell 10.0% to $3.87, and the CEO said the company plans to spend approximately $90 million on domestic production equipment by the end of fiscal 2026.
Net sales decreased $11.0 million, or 4.0%, to $260.9 million; sales volume fell 7.9% to 84.7 million pounds.
Diluted EPS rose 49.6% to $1.72 from $1.15 a year earlier; gross margin increased to 21.4% from 18.1%.
Gross profit benefited from inventory valuation adjustments that the company said may not recur next quarter.
Nine-month diluted EPS decreased 10.0% to $3.87; the company plans about $90 million in equipment spending by the end of fiscal 2026.
John B. Sanfilippo & Son reported fiscal 2025 second-quarter results ended December 26, 2024. Net sales rose 3.4% to $301.1 million on a 7.1% increase in sales volume, but gross profit fell 9.8% to $52.3 million and diluted EPS fell 29.3% to $1.16, so shareholders see higher sales alongside lower profit.
Net sales increased $9.8 million, or 3.4%, to $301.1 million; sales volume rose 7.1% to 96.3 million pounds
Gross profit decreased 9.8% to $52.3 million; gross margin fell to 17.4% of net sales from 19.9%
Diluted EPS decreased 29.3% to $1.16 per share; the prior-year quarter included a one-time $2.2 million bargain purchase gain tied to the Lakeville Acquisition
Six-month net sales rose 9.9% to $577.3 million, while six-month diluted EPS fell 31.4% to $2.16
John B. Sanfilippo & Son reported fiscal 2025 first quarter results ended September 26, 2024. Net sales rose 18.0% to $276.2 million, mainly from the Lakeville snack bar acquisition, but gross profit fell 18.4% and diluted EPS fell 33.8% to $1.00 on lower selling prices, higher commodity costs and a one-time customer concession.
Net sales increased $42.1 million, or 18.0%, to $276.2 million, including about $40.5 million from the Lakeville Acquisition; excluding it, net sales rose $1.6 million, or 0.7%.
Gross profit decreased 18.4% to $46.5 million, and gross margin fell to 16.9% of net sales from 24.4% a year earlier.
Net income was $11.7 million versus $17.6 million in the prior-year quarter; diluted EPS was $1.00 versus $1.51.
The company will hold an investor conference call on Thursday, October 31, 2024, at 10:00 a.m. Eastern.
For the fiscal fourth quarter ended June 27, 2024, net sales rose 15.1% to $269.6 million, mainly from the Lakeville snack bar acquisition, while diluted EPS fell 31.7% to $0.86 and gross profit fell 8.6%. Excluding Lakeville, quarterly net sales declined 3.8%. For the full year, diluted EPS fell 4.6% to $5.15 on net sales of $1.07 billion, and the company raised its annual dividend and declared a special dividend, both payable September 11, 2024.
Q4 diluted EPS fell 31.7% to $0.86; gross profit fell 8.6% to $50.0 million
Excluding the Lakeville Acquisition, Q4 net sales fell 3.8%, with sales volume down 1.9% and weighted average price per pound down 1.9%
Full-year net sales rose 6.7% to $1.07 billion; diluted EPS fell 4.6% to $5.15
Annual dividend raised 6.3% to $0.85 per share, plus a $1.25 special dividend, both payable September 11, 2024
John B. Sanfilippo & Son reported fiscal 2024 third-quarter results for the period ended March 28, 2024. Net sales rose 14.0% to $271.9 million, mainly from the Lakeville snack bar acquisition, while diluted EPS fell 14.8% to $1.15 as gross profit margin declined. The company narrowed its estimate of the acquisition's fiscal 2024 dilution to $0.25 to $0.50 per diluted share, down from $0.80 to $1.00.
Net sales were $271.9 million, up $33.3 million or 14.0%; excluding the Lakeville Acquisition, net sales decreased 5.7%
Diluted EPS was $1.15 versus $1.35 in the prior-year quarter, a 14.8% decrease
Gross profit margin fell to 18.1% of net sales from 20.9%
Lakeville dilution estimate for the current fiscal year updated to $0.25 to $0.50 per diluted share from $0.80 to $1.00
John B. Sanfilippo & Son reported fiscal 2024 second-quarter results for the quarter ended December 28, 2023. Net sales rose 6.2% to $291.2 million and diluted EPS rose 13.1% to $1.64, with the September 2023 Lakeville Acquisition contributing about $28.7 million of net sales. Excluding the acquisition, net sales fell 4.3% on a 2.6% decline in sales volume, so shareholders are seeing growth driven mainly by the acquisition.
Net sales increased $16.9 million, or 6.2%, to $291.2 million; excluding the Lakeville Acquisition, net sales decreased $11.8 million, or 4.3%
Diluted EPS increased 13.1% to $1.64; six-month diluted EPS increased 12.9% to $3.15
Lakeville Acquisition, completed September 29, 2023, contributed approximately $28.7 million of net sales in the quarter
A one-time $2.2 million bargain purchase gain reduced operating expenses in the quarter
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