secwatch.observer — SEC 8-K summary
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Issuer:     SANFILIPPO JOHN B & SON INC (JBSS)
CIK:        0000880117
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0000950170-23-016695
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sanfilippo posts record Q3 diluted EPS of $1.35, up 32.4%; sales +9.1% to $238.5M
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- Diluted EPS of $1.35 (record Q3), up from $1.02; net sales $238.5M, up 9.1%.
- Sales volume increased 5.0% to 75.0M lbs; growth in all three distribution channels.
- Gross profit margin improved to 20.9% from 18.0% due to normalized commodity costs.
- Commercial Ingredients channel volume up 18.9% on peanut butter distribution gains.
- New private brand nutrition bar shipments began; expects additional customers in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880117/000095017023016695/0000950170-23-016695-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880117/000095017023016695/jbss-20230502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-016695

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