secwatch.observer — SEC 8-K summary
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Issuer:     SANFILIPPO JOHN B & SON INC (JBSS)
CIK:        0000880117
Form:       8-K
Filed at:   2022-08-24T23:59:59+00:00
Accession:  0001193125-22-228513
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

JBSS reports record Q4 EPS of $1.50; revenue +24.7% YoY; dividend raised 7.1% plus $1.50 special dividend
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- Q4 net income $17.4M, diluted EPS $1.50 (vs. $1.07 prior year); fiscal 2022 net income $61.8M, diluted EPS $5.33.
- Q4 net sales $257.7M (+24.7% YoY) driven by 10.9% volume growth and 12.5% higher average selling price.
- Fiscal 2022 net sales $955.9M (+11.3% YoY); gross margin 20.9% (down from 21.5%) on higher input costs.
- Annual regular dividend raised 7.1% to $0.75/share plus $1.50 special dividend, payable Aug 31, 2022.
- CEO noted volume contraction at retail due to higher prices, but expressed optimism for fiscal 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880117/000119312522228513/0001193125-22-228513-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880117/000119312522228513/d327523d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-228513

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