earnings
confidence high
sentiment positive
materiality 0.75
John B. Sanfilippo reports record FY diluted EPS of $5.40; Q4 sales down 9.1%
SANFILIPPO JOHN B & SON INC
2023-FY EPS reported
$5.40
revenue$999,686,000
- Full-year net sales $999.7M, up 4.6%; diluted EPS $5.40 (record), up 1.3% YoY.
- Q4 net sales $234.2M (-9.1%); volume 74.2M lbs (-9.0%); diluted EPS $1.26 (-16%).
- Annual dividend raised 6.7% to $0.80/share plus special $1.20/share, payable Sept 13, 2023.
- Launched private brand nutrition bars; sold $4.2M in H2; expects distribution growth.
- Q4 gross margin improved to 23.4% from 21.8%; inventory value declined 15.6% YoY.