---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-051286"
form_type: "8-K"
ticker: "JBSS"
cik: "0000880117"
company_name: "SANFILIPPO JOHN B & SON INC"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:42:01.811566+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# JBSS Q3 EPS down 14.8% to $1.15; sales up 14% to $271.9M on Lakeville acquisition

## Summary
- Net sales rose 14% YoY to $271.9M; sales volume increased 22.6% to 92M lbs, driven by Lakeville snack bar acquisition.
- Diluted EPS fell 14.8% to $1.15; gross profit margin declined to 18.1% from 20.9%.
- Lakeville contributed ~$46.9M in net sales; expected to become accretive in Q4 (ahead of schedule).
- Fiscal 2024 dilution from Lakeville narrowed to $0.25–$0.50 per share from prior $0.80–$1.00 estimate.
- Excluding Lakeville, sales volume fell 1.4% and net sales dropped 5.7%; core nut categories remain pressured.

## SEC filing metadata
- accession: 0000950170-24-051286
- form_type: 8-K
- ticker: JBSS
- cik: 0000880117
- company_name: SANFILIPPO JOHN B & SON INC
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880117/000095017024051286/0000950170-24-051286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880117/000095017024051286/jbss-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-051286
- JSON: https://secwatch.observer/filing/0000950170-24-051286.json
- Plain text: https://secwatch.observer/filing/0000950170-24-051286.txt

## Key facts
- Earnings Releases
  SANFILIPPO JOHN B & SON INC reported Fiscal 2024 third quarter ended March 28, 2024 results: revenue Net sales increased $33.3 million, or 14.0%, to $271.9 million, EPS Diluted EPS decreased 14.8% to $1.15 per share.
  - Period: Fiscal 2024 third quarter ended March 28, 2024
  - Revenue: Net sales increased $33.3 million, or 14.0%, to $271.9 million
  - EPS: Diluted EPS decreased 14.8% to $1.15 per share
  - Result: reported results
  source text: Net sales increased $33.3 million, or 14.0%, to $271.9 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/880117/000095017024051286/0000950170-24-051286-index.htm
- Earnings Releases
  SANFILIPPO JOHN B & SON INC reported Fiscal 2024 third quarter ended March 28, 2024 results: revenue Net sales increased $33.3 million, or 14.0%, to $271.9 million, EPS Diluted EPS decreased 14.8% to $1.15 per share.
  - Period: Fiscal 2024 third quarter ended March 28, 2024
  - Revenue: Net sales increased $33.3 million, or 14.0%, to $271.9 million
  - EPS: Diluted EPS decreased 14.8% to $1.15 per share
  - Result: reported results
  source text: --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 John B. Sanfilippo & Son, Inc. Reports Fiscal 2024 Third Quarter Results Sales Volume Increased 22.6% and Net Sales Increased 14.0% to $271.9M Driven by Snack Bar Sales from the Lakeville Acquisition* Elgin, IL, May 1, 2024 -- John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) (the “Company”) today announced
  evidence_url: https://www.sec.gov/Archives/edgar/data/880117/000095017024051286/0000950170-24-051286-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.