secwatch.observer — SEC 8-K summary
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Issuer:     SANFILIPPO JOHN B & SON INC (JBSS)
CIK:        0000880117
Form:       8-K
Filed at:   2023-08-23T23:59:59+00:00
Accession:  0000950170-23-044142
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

John B. Sanfilippo reports record FY diluted EPS of $5.40; Q4 sales down 9.1%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880117/000095017023044142/0000950170-23-044142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880117/000095017023044142/jbss-20230823.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-044142

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