JBSS Q2: Diluted EPS $1.64, up 13.1%; net sales $291.2M, up 6.2% on Lakeville

SANFILIPPO JOHN B & SON INC

2024-Q2 EPS reported $3.15 revenue$525,327,000

Diluted EPS of $1.64, up 13.1% YoY; includes dilution from Lakeville acquisition.
Net sales $291.2M, up 6.2% YoY; Lakeville contributed ~$28.7M in sales and 11.6M lbs volume.
Excluding Lakeville, sales volume declined 2.6%; core business still soft with cautious consumers.
Gross profit margin 19.9%, down from 20.6% due to ~$2.9M negative impact from Lakeville (incl. $1.2M one-time).
Operating expenses down $1.7M, helped by $2.2M bargain purchase gain from Lakeville.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SANFILIPPO JOHN B & SON INC reported fiscal 2024 second quarter ended December 28, 2023 results: revenue $291.2 million, EPS $1.64 per share.

Period: fiscal 2024 second quarter ended December 28, 2023
Revenue: $291.2 million
EPS: $1.64 per share
Result: reported results

Exact text from the filing

“Company”) today announced financial results for its fiscal 2024 second quarter ended December 28, 2023. Second Quarter Summary* • Net sales increased $16.9 million, or 6.2%, to $291.2 million • Sales volume increased 9.5 million pounds, or 11.8%, to 89.9 million pounds • Gross profit increased 2.5% to $57.9 million • Diluted EPS increased 13.1% to $1.64 per share CEO

View on SEC.gov

Browse all earnings releases →

SANFILIPPO JOHN B & SON INC filing history →

Source: SEC EDGAR

accession 0000950170-24-009398

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.