Brief: John B Sanfilippo & Son reports Q2 EPS $1.13

John B Sanfilippo & Son

01/02/2017 21:10

Feb 1 (Reuters) - John B Sanfilippo & Son Inc  JBSS.O  -  
    * Second quarter EPS increased by 5.6% to a second quarter 
record $1.13 per share diluted; board of directors adopts annual 
dividend policy 
    * Q2 earnings per share $1.13 
    * Q2 sales $249.4 million versus $279 million 
    * Total value of inventories on hand at end of q2 decreased 
by $2.6 million, versus total value of inventories on hand at 
end of q2 
    * Expect that dividend paid under dividend policy in our q1 
of fiscal year 2018 will be at least equal to $0.50 per share 
    * In quarter, decrease in total value of inventories on hand 
due to lower costs of finished goods due to lower acquisition 
costs for walnuts, almonds 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nBw3zmpkSa 
Further company coverage:  JBSS.O  
 
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