earnings
confidence high
sentiment positive
materiality 0.70
Sanfilippo Q2 EPS $1.45, up 27.2%; net sales $274.3M (+8.3%); special dividend $1.00; acquires Just the Cheese
SANFILIPPO JOHN B & SON INC
2023-Q2 EPS reported
$2.79
revenue$526,929,000
- Diluted EPS $1.45 vs. $1.14 prior year, up 27.2%; net sales $274.3M, up 8.3% YoY.
- Sales volume fell 3.8% to 80.4M lbs; weighted average selling price increased 12.7%.
- Gross profit margin held at 20.6%; operating expenses decreased $1.9M to 11.7% of sales.
- Paid $1.00 special dividend during Q2; completed acquisition of Just the Cheese brand.
- Private brand consumer volume up 0.7% (excl. one lost customer); Fisher snack nuts down 24.1%.