Overview
John B. Sanfilippo fiscal Q1 net sales rise 8.1% to $298.7 mln
Diluted EPS for fiscal Q1 increases 59% to $1.59 per share
Gross profit for fiscal Q1 rises 16.2% to $54.1 mln
Outlook
Company aims to grow sales volume and improve profitability in fiscal 2026
Company sees challenges in sustaining EPS improvement due to economic uncertainties
Result Drivers
SELLING PRICE INCREASE - Net sales growth driven by 8.9% increase in weighted average selling price per pound due to higher commodity costs
COMMERCIAL INGREDIENTS GROWTH - Sales volume in commercial ingredients channel rose 12.8% due to new business and increased peanut butter volume
CONTRACT MANUFACTURING GROWTH - Contract manufacturing sales volume increased 18.4% due to higher granola and snack nut sales
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Sales | $298.68 mln | ||
Q1 EPS | $1.59 | ||
Q1 Gross Margin | 18.10% | ||
Q1 EBIT | $27.01 mln | ||
Q1 Gross Profit | $54.09 mln | ||
Q1 Pretax Profit | $25.06 mln |
Press Release: ID:nGNX5P5JNH
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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