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John B. Sanfilippo & Son, Inc. (JBSS), a leading nut processor and snack producer behind brands like Fisher® and Orchard Valley Harvest®, provides investors and industry stakeholders with critical updates through this dedicated news hub. Track official press releases, financial disclosures, and strategic developments from the company renowned for its vertically integrated operations and consumer-focused innovation.
This resource consolidates JBSS's latest earnings reports, product launches, supply chain initiatives, and leadership announcements. Users gain streamlined access to verified information on operational milestones, sustainability efforts, and market expansions within the snack food sector. Content types include quarterly financial results, manufacturing updates, retail partnership announcements, and industry recognition.
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John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) reported record net income of $12.3 million for Q4 FY2021, up from $10.3 million in Q4 FY2020. Fiscal 2021 net income reached $59.7 million, an increase from $54.1 million in FY2020. Q4 net sales increased 1.2% to $206.7 million due to a 9.6% rise in sales volume, partially offset by a 7.6% decrease in selling price per pound. Despite an overall FY2021 net sales decline of 2.5% to $858.5 million, gross profit improved to $185 million, reflecting lower commodity costs. The company announced a 7.7% dividend increase and a special dividend of $2.30 per share.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) will hold a quarterly conference call on August 19, 2021, at 10:00 a.m. ET to discuss its fourth-quarter and fiscal 2021 year-end results. The operating results will be released after market close on August 18, 2021. Investors can join the call by dialing 1-844-536-5471 in the U.S. or 1-614-999-9317 internationally with passcode 2288426. The call will also be available via webcast on the company's website.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) declared a special cash dividend of $2.30 per share along with a regular annual cash dividend of $0.70 per share, totaling approximately $35.0 million to shareholders. The dividends will be payable on August 25, 2021, to stockholders of record as of August 10, 2021. This announcement reflects the company's strong financial performance in the first three quarters of fiscal 2021 and illustrates its commitment to creating long-term shareholder value.
John B. Sanfilippo & Son reported a net income of $14.7 million for Q3 fiscal 2021, marking an increase from $13.5 million in Q3 fiscal 2020. Earnings per share rose to $1.27 from $1.17. However, net sales decreased to $207.9 million due to a 1.2% decline in sales volume, primarily in almonds and peanuts. The company experienced a 9.1% increase in the consumer distribution channel, driven by private brand products. Despite challenges in food service and packaging, gross profit margin improved to 22.1%.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) will hold a quarterly conference call on April 29, 2021, at 10:00 a.m. ET to discuss its third quarter fiscal 2021 results, which are set to be released after market close on April 28, 2021. Investors can participate by calling 1-844-536-5471 (U.S.) or 1-614-999-9317 (international) with passcode 8276508. The call will also be webcast on the company’s website.
John B. Sanfilippo & Son is a processor and distributor of nut and dried fruit products under brands like Fisher® and Squirrel Brand®.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) has declared a special cash dividend of $2.50 per share on all common and Class A common stock, totaling approximately $29 million. This dividend will be paid on March 16, 2021, to shareholders of record as of February 26, 2021. CEO Jeffrey T. Sanfilippo expressed that the strong financial performance in the first two quarters of fiscal 2021 enabled this decision, aimed at enhancing long-term stockholder value while recognizing employee efforts.
John B. Sanfilippo & Son reported a net income of $19.9 million or $1.72 per share for Q2 FY21, up from $17.5 million or $1.52 per share in Q2 FY20. Net sales for Q2 FY21 were $233.6 million, down from $246.4 million in Q2 FY20, mainly due to reduced selling prices for tree nuts. However, sales volume increased by 1.8%, driven by a 9.9% rise in the consumer distribution channel. Gross profit rose by 5.6% to $52.8 million, with a gross profit margin increasing to 22.6%. The company indicated a recovery in food service sales, with a lower decline of 29.4% compared to previous quarters.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) has announced its quarterly conference call to discuss the second quarter fiscal 2021 operating results scheduled for January 28, 2021, at 10:00 a.m. ET. The results will be released post-market on January 27, 2021. Interested parties can dial in at 1-844-536-5471 within the U.S. or 1-614-999-9317 internationally, using passcode 5662938. The call will also be available via webcast on the company's website. JBSS specializes in processing and distributing nut and dried fruit products under various brands.
Fisher Nuts launched the #FisherTogether campaign to spread joy this holiday season by encouraging people to share recipes with loved ones. For every social media post using the hashtag until December 31, 2020, Fisher will donate $30 to Meals on Wheels America, aiming for a total of $30,000. This initiative supports seniors by providing vital meal services, combating social isolation, and enhancing overall care. Vice President John Goetter highlighted the goal of using food to connect with others during challenging times, potentially impacting over a thousand seniors nationwide.
John B. Sanfilippo & Son (NASDAQ: JBSS) reported its fiscal 2021 Q1 results, revealing a net income of $12.8 million, or $1.11 per diluted share, slightly down from $12.9 million in Q1 2020. Net sales decreased to $210.3 million, a 3.5% decline attributed to lower sales volume. Consumer distribution saw a 3.8% increase mainly from private brand sales, while significant declines occurred in the commercial ingredients channel, down 27.7%. Gross profit fell to $39.3 million with margins at 18.7%. The company raised its annual dividend by 8.3% and paid a special dividend of $1.85 per share.
