Business
John B. Sanfilippo & Son, Inc. Reports Fiscal 2025 Fourth Quarter and Full Year Results
Fourth Quarter Diluted EPS Increased by 33.7% to $1.15 per Share on Relatively Flat Net Sales ELGIN, Ill.--(BUSINESS WIRE)-- John B. Sanfilippo & Son, Inc.
About this update from John B. Sanfilippo & Son, Inc.
[{"type":"text","content":"\nFourth Quarter Diluted EPS Increased by 33.7% to $1.15 per Share on Relatively Flat Net Sales\n\n\n ELGIN, Ill.--(BUSINESS WIRE)--\nJohn B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) (the “Company”) today announced financial results for its fiscal 2025 fourth quarter and full year ended June 26, 2025.\n\n\nFourth Quarter Summary\n\n\n\nSales volume decreased 5.4 million pounds, or 5.9%, to 86.2 million pounds\n\n\n\nNet sales decreased $0.5 million, or 0.2%, to $269.1 million\n\n\n\nGross profit decreased 2.4% to $48.8 million\n\n\n\nDiluted EPS increased 33.7% to $1.15 per share\n\n\n\nFull Year Summary\n\n\n\nSales volume increased 11.7 million pounds, or 3.4%, to 358.3 million pounds\n\n\n\nNet Sales increased $40.5 million, or 3.8%, to 1.11 billion\n\n\n\nGross profit decreased 5.0% to $203.5 million\n\n\n\nDiluted EPS decreased 2.3% to $5.03 per share\n\n\n\nCEO Commentary\n\n\n“I’m proud of how our team navigated a challenging and constantly evolving operating environment throughout fiscal 2025. We responded swiftly and decisively to address short-term financial impacts, while remaining focused on executing our Long-Range Plan in spite of a challenging macroeconomic and consumer environment,” stated Jeffrey T. Sanfilippo, Chief Executive Officer.\n\n\n“Although our financial performance fell short of our expectations, we gained positive momentum as the year progressed—highlighted by year-over-year diluted EPS growth of 49.6% and 33.7% in the third and fourth quarters, respectively, enhanced spending discipline and increased efficiencies in our operations. We also increased our net sales to a record $1.11 billion, surpassing the $1 billion mark for two years in a row. We continued to make significant investments in our manufacturing capabilities and infrastructure, laying the foundation for future profitable growth. In addition, we recently increased our annual dividend by 5.9% to $0.90 per share and declared a special dividend of $0.60 per share. Both dividends will be paid on September 11, 2025. This marks the fourteenth consecutive year of returning capital through dividends to our shareholders.”\n\n\n“I want to sincerely thank all our employees for their dedication, resilience and hard work this year. Their commitment drives our success and positions us for a strong future,” Mr. Sanfilippo concluded.\n\n\nFourth Quarter Re...