---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-119038"
form_type: "8-K"
ticker: "JBSS"
cik: "0000880117"
company_name: "SANFILIPPO JOHN B & SON INC"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:46:08.636957+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sanfilippo Q1 EPS down 33.8% to $1.00; sales up 18.0% on acquisition

## Summary
- Diluted EPS $1.00 vs prior year, down 33.8%; gross profit fell 18.4% to $46.5M.
- Net sales $276.2M (+18.0%), including $40.5M from Lakeville snack bar acquisition; ex-acquisition net sales +0.7%.
- Sales volume +24.5% to 91.2M lbs; consumer channel +30.8% (+3.4% ex-Lakeville) on new peanut butter and nutrition bar distribution.
- Profitability hit by one-time price concession to snack bar customer, higher commodity costs; capacity constraints at Lakeville resolved.
- Operating expenses down $2.9M; total inventories +11.3%, driven by Lakeville inventory.

## SEC filing metadata
- accession: 0000950170-24-119038
- form_type: 8-K
- ticker: JBSS
- cik: 0000880117
- company_name: SANFILIPPO JOHN B & SON INC
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880117/000095017024119038/0000950170-24-119038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880117/000095017024119038/jbss-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-119038
- JSON: https://secwatch.observer/filing/0000950170-24-119038.json
- Plain text: https://secwatch.observer/filing/0000950170-24-119038.txt

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