AI brief of an SEC Form 8-K · John B. Sanfilippo & Son (JBSS)

John B. Sanfilippo & Son Q3 net sales up 14.0% to $271.9 million, EPS down 14.8%

Mixed Impact 3 of 5 earnings Written later

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.

Key points

  • 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

The filing

CompanyJohn B. Sanfilippo & Son (JBSS)
Form8-K, current report
Filed with the SECMay 1, 2024, 4:14 PM ET
Accession number0000950170-24-051286

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.