John B. Sanfilippo & Son SEC Filings

John B. Sanfilippo & Son (JBSS) reported stronger Q1 FY26 results. Net sales were $298.7 million, up 8.1% as weighted average selling price per pound rose 8.9% while volume slipped 0.7%. Gross profit increased to $54.1 million, lifting gross margin to 18.1% from 16.9%. Operating expenses fell to $27.1 million (9.1% of sales), driving income from operations to $27.0 million.

Net income rose to $18.7 million, or $1.60 basic and $1.59 diluted per share. Operating cash flow improved to $32.1 million, with $24.9 million in capital expenditures tied to capacity and efficiency investments. Inventory ended at $234.7 million. The company had $51.1 million drawn on its $150 million revolving credit facility with $93.4 million available, and $26.2 million outstanding on its equipment loan. By channel, Consumer grew 5.5%, Commercial Ingredients 16.0%, and Contract Manufacturing 27.5%. The Board declared a special cash dividend of $1.00 per share payable on December 30, 2025 to holders of record on December 1, 2025.

John B. Sanfilippo & Son, Inc. (JBSS) announced a special cash dividend. The Board declared a $1.00 per share special dividend on all issued and outstanding shares of Common Stock and Class A Common Stock.

The dividend will be paid on December 30, 2025 to stockholders of record as of the close of business on December 1, 2025. This one-time payout returns cash to shareholders based on shares held as of the record date.

John B. Sanfilippo & Son, Inc. (JBSS) furnished an update on its business by issuing a press release with financial results for the first quarter ended September 25, 2025. The company provided this information under Item 2.02 and attached the full details as Exhibit 99.1. The filing is a routine Form 8‑K disclosure intended to make the results publicly available.

John B. Sanfilippo & Son, Inc. schedules its annual meeting with three named proposals: election of directors, ratification of PricewaterhouseCoopers LLP as auditor for fiscal 2026, and an advisory vote on executive compensation. The proxy discloses board nominees with extensive industry, finance, supply-chain and governance experience and affirms committee compositions that include independent directors and audit committee financial expertise. The company's compensation program targets the 50th percentile of peers for most roles, uses RSUs and PSUs with 3-year cliff vesting, and includes clawback provisions. For fiscal 2025 the company recorded no payout under its Sanfilippo Value-Added (SVA) annual incentive plan and granted equity with PSUs currently reported at target because performance is below target. The filing highlights environmental and social efforts in fiscal 2025, including updated carbon-footprint work, increased rail transport, expanded recyclable packaging and high recycling rates at production sites.

John B. Sanfilippo & Son, Inc. reported fiscal 2025 net sales of $1,107.2 million, up $40.5 million or 3.8% from fiscal 2024, while gross profit declined $10.7 million and gross margin fell to 18.4% from 20.1%. Total operating expenses decreased $10.2 million to $118.8 million, improving operating expense leverage to 10.7% of sales. Diluted earnings per share decreased approximately 2.3%. The company invested $50.7 million in property and equipment and paid $24.4 million in cash dividends during fiscal 2025. Inventories rose $58.0 million or 29.5% year-over-year. Management disclosed a Lakeville acquisition that generated a bargain purchase gain and highlighted exposure to a 20% tariff on cashews sourced largely from Vietnam. The filing describes cybersecurity governance, risk management processes, and a largely vacant Elgin Office Building requiring potential capital expenditures.