Earnings Releases·Oct 28, 2026, 4:13 PM ET

John B. Sanfilippo & Son, Inc. — Fiscal 2027 First Quarter Earnings Summary

Net sales decreased 3.5% year-over-year to $288.1 million, while diluted EPS fell 30.2% to $1.11 compared to $1.59 in the prior year period, though this represents a >50% improvement over Q4 fiscal 2026.
Gross profit declined 9.6% to $48.9 million with margins contracting to 17.0% from 18.1% in the prior year, driven by a 3.6% drop in weighted average selling prices and higher operating expenses.
Segment performance was mixed: Consumer channel volume dropped 6.7% due to private brand weakness, while Contract Manufacturing volume surged 41.3% and Commercial Ingredients volume rose 3.7%.
Management expects to offset Consumer volume losses with Contract Manufacturing growth, noting this shift will result in a less favorable sales mix, while actively evaluating cost structures to maximize efficiency.
Balance sheet strength was maintained with cash on hand increasing to $2.019 million and long-term debt decreasing to $42.791 million, despite a 66.5% increase in revolving credit facility borrowings to $56.035 million.