John B. Sanfilippo & Son Posts $13.2M First-Quarter Net Income
JBSS is trading near its 52-week low of $59.07 (12% above the low).
Summary
JBSS reported first-quarter net income of $13.2M, per the Dow Jones wire headline, alongside net sales down 3.5% to $288.1M. Diluted EPS fell 30.2% to $1.11 as gross margin slipped to 17.0% from 18.1% and gross profit fell 9.6% to $48.9M. The company is small enough that a single quarter's swing matters, and this follows a FY26 marred by recall costs and higher expenses.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — JBSS Q1 FY27 diluted EPS fell 30.2% to $1.11 as gross margin slipped to 17.0% from 18.1% and gross profit fell 9.6% to $48.9M.
At the time of this announcement, JBSS was trading at $66.34 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $775.7M. The 52-week trading range was $59.07 to $92.08. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.