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