earnings
confidence high
sentiment neutral
materiality 0.60
JBSS Q1 FY2023 net sales up 11.6% to $252.6M; diluted EPS down 19.4% to $1.34
SANFILIPPO JOHN B & SON INC
2023-Q1 EPS reported
$1.34
revenue$252,601,000
- Net sales $252.6M, up 11.6%; sales volume up 1.8% to 79.0M lbs.
- Gross profit margin fell to 20.0% from 22.9% due to higher acquisition costs.
- Diluted EPS $1.34, down 19.4%; prior year included $0.15 non-recurring gain.
- Consumer branded volume up 8.2%; Fisher recipe nuts volume up 20%.
- Inventory value up 25.9% YoY, primarily due to higher pecan quantities and costs.