JBSS Q3 net income down 19% to $11.9M; sales up 5% on pricing, volume down

SANFILIPPO JOHN B & SON INC

2022-Q3 EPS reported $3.83 revenue$698,120,000

Net sales $218.6M (+5.1%) driven by 8.1% price increase; sales volume -2.8%.
Net income $11.9M (-19.2%), diluted EPS $1.02 vs $1.27; gross profit margin 18.0% vs 22.1%.
Consumer channel volume -5.8% due to peanut butter line upgrade and inshell peanut discontinuation; commercial ingredients +11.2%.
CEO cites elevated commodity costs, freight, labor inflation; pricing actions fully implemented in Q3, expects full impact in Q4.
Year-to-date: net sales $698.1M (+7.1%), net income $44.4M ($3.83 EPS) vs $47.4M ($4.10 EPS).

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.