John B. Sanfilippo Q4 net sales up 15.1% to $269.6M, but diluted EPS down 31.7% to $0.86
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.
Key points
- 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
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 August 20, 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.