Dry fruit products maker John B Sanfilippo posts rise Q2 sales and EPS

John B Sanfilippo & Son

29/01/2026 21:20

Overview

Nut processor's fiscal Q2 net sales rose 4.6% despite a decline in sales volume

Diluted EPS increased 31.9% to $1.53 per share

Company attributes performance to strategic pricing and operational efficiencies

Outlook

Company expects reduced tariffs on imported nuts to support future demand

Company expanding product pipeline to align with health and wellness trends

CEO confident in navigating dynamic environment and capitalizing on growth opportunities

Result Drivers

PRICE INCREASES - Net sales growth driven by a 15.8% increase in weighted average selling price per pound due to higher commodity costs

GROSS PROFIT IMPROVEMENT - Gross profit rose 13.2% due to higher net sales and better alignment of selling prices with commodity costs

OPERATIONAL EFFICIENCIES - Improved operational efficiencies and reduced manufacturing spending contributed to gross profit increase

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Slight Beat*
$314.78 mln
$313.43 mln (1 Analyst)
Q2 EPS
$1.53
Q2 Gross Margin
18.80%
Q2 EBIT
$25.98 mln
Q2 Gross Profit
$59.17 mln
Q2 Pretax Profit
$24.51 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw8w1mDYa

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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.)