Overview
* John B. Sanfilippo fiscal Q1 net sales rise 8.1% to $298.7 mln
* Diluted EPS for fiscal Q1 increases 59% to $1.59 per share
* Gross profit for fiscal Q1 rises 16.2% to $54.1 mln
Outlook
* Company aims to grow sales volume and improve profitability in fiscal 2026
* Company sees challenges in sustaining EPS improvement due to economic uncertainties
Result Drivers
* SELLING PRICE INCREASE - Net sales growth driven by 8.9% increase in weighted average selling price per pound due to higher commodity costs
* COMMERCIAL INGREDIENTS GROWTH - Sales volume in commercial ingredients channel rose 12.8% due to new business and increased peanut butter volume
* CONTRACT MANUFACTURING GROWTH - Contract manufacturing sales volume increased 18.4% due to higher granola and snack nut sales
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q1 Sales $298.68
mln
Q1 EPS $1.59
Q1 Gross 18.10%
Margin
Q1 EBIT $27.01
mln
Q1 Gross $54.09
Profit mln
Q1 $25.06
Pretax mln
Profit
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)