John B. Sanfilippo Shares Rise on Special Dividend, Sales Growth

Dow Jones10-31
 

By Katherine Hamilton

 

John B. Sanfilippo & Son shares rose after the company declared a special dividend and said demand was stabilizing.

The stock gained 15% to $68.56 on Thursday. Shares are still down 21% this year.

The nut producer logged an 8% increase in quarterly sales, as volumes improved and demand appears to be stabilizing. Increases in granola sales volume and snack nut sales boosted overall revenue.

Gross profit increased to $54.1 million with a margin increase of 18%. Selling prices were more closely aligned with commodity acquisition costs than they were last year.

The company declared a special $1 cash dividend, which will return about $11.7 million total to stockholders. Chief Executive Jeffrey Sanfilippo said the dividend was the result of strong financial performance.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

October 30, 2025 14:54 ET (18:54 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment