STOCK TITAN

John B. Sanfilippo (NASDAQ: JBSS) sets $1.50 special cash dividend

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

John B. Sanfilippo & Son, Inc. declared a special cash dividend of $1.50 per share on both its Common Stock and Class A Common Stock. The company expects this Special Dividend to return approximately $17.6 million to stockholders. It will be paid on May 21, 2026 to stockholders of record as of April 27, 2026. Including this payment, special dividends and the annual dividend in the current fiscal year total $4.00 per share in cash returned to stockholders.

Positive

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Insights

JBSS adds a one-time $1.50 special dividend, lifting total fiscal-year cash returns to $4.00 per share.

John B. Sanfilippo & Son is distributing a $1.50 per share Special Dividend on both Common and Class A Common Stock, returning about $17.6 million in cash to stockholders. Management links this payout to financial performance over recent quarters.

This payment raises total dividends in the current fiscal year to $4.00 per share, combining prior special and annual dividends. As a one-time distribution, it directly benefits current stockholders but does not, by itself, define a recurring dividend level or future payout policy.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Special Dividend per share $1.50 per share Declared on Common and Class A Common Stock
Total cash returned by Special Dividend $17.6 million Aggregate amount expected to be paid to stockholders
Total cash returned this fiscal year $4.00 per share Includes this Special Dividend, prior specials and annual dividend
Dividend record date April 27, 2026 Stockholders of record on this date receive the Special Dividend
Dividend payment date May 21, 2026 Date the $1.50 per share Special Dividend will be paid
Special Dividend financial
"declared a special cash dividend (the “Special Dividend”) of $1.50 per share"
A special dividend is a one-time payment made by a company to its shareholders, usually when it has accumulated excess profits or cash. It is like a bonus or a reward for investors, often signaling that the company has extra funds available. This type of dividend matters because it can indicate a company's financial health or a significant change in its cash situation.
Class A Common Stock financial
"$1.50 per share on all issued and outstanding shares of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
stockholders of record financial
"paid on May 21, 2026, to stockholders of record as of the close of business"
Stockholders of record are the people or entities whose names appear on a company's official shareholder list on a specific cutoff date set by the company or its transfer agent; only those listed are entitled to receive dividends, vote at shareholder meetings, or participate in other corporate actions. Think of it like a guest list for an event: being on the list on the set day determines who gets the benefits and rights, so investors must own shares before the cutoff to qualify.
forward-looking statements regulatory
"Some of the statements in this release are forward-looking. These forward-looking statements may be generally identified"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Long-Range Plan financial
"the ability to implement our Long-Range Plan, including growing our branded and private brand product sales"
0000880117falseSANFILIPPO JOHN B & SON INC00008801172026-03-302026-03-30

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 30, 2026 (March 30, 2026)

 

 

JOHN B. SANFILIPPO & SON, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

0-19681

36-2419677

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

1703 N. RANDALL ROAD

 

Elgin, Illinois

 

60123-7820

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (847) 289-1800

 

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, $.01 par value per share

 

JBSS

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 8.01 Other Events.

On March 30, 2026, John B. Sanfilippo & Son, Inc. (the “Company”) issued a press release announcing that its Board of Directors declared a special cash dividend (the “Special Dividend”) of $1.50 per share on all issued and outstanding shares of Common Stock of the Company and $1.50 per share on all issued and outstanding shares of Class A Common Stock of the Company. The Special Dividend will be paid on May 21, 2026 to stockholders of record as of the close of business on April 27, 2026. A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d)

Exhibits

 

The exhibits furnished herewith are listed in the Exhibit Index of this Current Report on Form 8-K.

 


EXHIBIT INDEX

Exhibits

 

Description

99.1

 

Press Release dated March 30, 2026.

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).


 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

JOHN B. SANFILIPPO & SON, INC.

 

 

 

 

Date:

March 30, 2026

By:

/s/ Frank S. Pellegrino

 

 

 

Frank S. Pellegrino
Chief Financial Officer, Executive Vice President, Finance and Administration

 


Exhibit 99.1

 

img267847885_0.jpg

JOHN B. SANFILIPPO & SON, INC. DECLARES $1.50 PER SHARE SPECIAL DIVIDEND

 

 

Elgin, IL, March 30, 2026 — John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) (the “Company”) today announced that its Board of Directors (the “Board”) declared a special cash dividend (the “Special Dividend”) of $1.50 per share on all issued and outstanding shares of Common Stock of the Company and $1.50 per share on all issued and outstanding shares of Class A Common Stock of the Company. The Special Dividend will return approximately $17.6 million to Company stockholders.

 

The Special Dividend will be paid on May 21, 2026, to stockholders of record as of the close of business on April 27, 2026.

 

“We are pleased to announce the $1.50 per share Special Dividend,” stated Jeffrey T. Sanfilippo, Chairman and Chief Executive Officer. “Our financial performance over the last several quarters has enabled us to declare another Special Dividend in the current fiscal year. This Special Dividend, along with the special dividends and annual dividend previously paid by the Company, brings the total cash returned to our stockholders to $4.00 per share in the current fiscal year. This Special Dividend, like our previous dividends, underscores our commitment to creating long-term stockholder value through the disciplined and responsible use of cash. Furthermore, this Special Dividend would not be possible without the hard work and dedication of all our employees,” Mr. Sanfilippo concluded.

 

 

ABOUT THE COMPANY

 

John B. Sanfilippo & Son, Inc. is a processor, packager, marketer and distributor of nut and dried fruit-based products, snack bars, and dried cheese snacks that are sold under a variety of private brands and under the Company’s Fisher®, Orchard Valley Harvest®, Squirrel Brand, and Southern Style Nuts® brand names.

 

 

 

 

 

 

 

 

 

1

 


 

 

 

Forward Looking Statements

 

Some of the statements in this release are forward-looking. These forward-looking statements may be generally identified by the use of forward-looking words and phrases such as “will”, “intends”, “may”, “believes”, “anticipates”, “should” and “expects” and are based on the Company’s current expectations or beliefs concerning future events and involve risks and uncertainties. Consequently, the Company’s actual results could differ materially. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events or other factors that affect the subject of these statements, except where expressly required to do so by law. Among the factors that could cause results to differ materially from current expectations are: (i) sales activity for the Company’s products, such as a decline in sales to one or more key customers, or to customers or in the nut and bars categories generally, in some or all channels, a change in product mix to lower price products, a decline in sales of private brand products or changing consumer preferences, including a shift from higher margin products to lower margin products; (ii) changes in the availability and costs of raw materials and ingredients due to tariffs and other import restrictions and the impact of fixed price commitments with customers; (iii) the ability to pass on price increases to customers if commodity costs rise and the potential for a negative impact on demand for, and sales of, our products from price increases; (iv) the ability to measure and estimate bulk inventory, fluctuations in the value and quantity of the Company’s nut inventories due to fluctuations in the market prices of nuts and bulk inventory estimation adjustments, respectively; (v) the Company’s ability to appropriately respond to, or lessen the negative impact of, competitive and pricing pressures; (vi) losses associated with product recalls, product contamination, food labeling or other food safety issues, or the potential for lost sales or product liability if customers lose confidence in the safety of the Company’s products or in nuts or nut products in general, or are harmed as a result of using the Company’s products; (vii) the ability of the Company to control costs (including inflationary costs) and manage shortages or other disruptions in areas such as inputs, transportation and labor; (viii) uncertainty in economic conditions, including the potential for inflation or economic downturn leading to decreased consumer demand; (ix) the timing and occurrence (or nonoccurrence) of other transactions and events which may be subject to circumstances beyond the Company’s control; (x) the adverse effect of labor unrest or disputes, litigation and/or legal settlements, including potential unfavorable outcomes exceeding any amounts accrued; (xi) losses due to significant disruptions at any of our production or processing facilities, our inability to meet or fulfill customer orders on a timely basis, if at all, or employee unavailability due to labor shortages; (xii) the ability to implement our Long-Range Plan, including growing our branded and private brand product sales, diversifying our product offerings (including by the launch of new products) and expanding into alternative sales channels; (xiii) technology disruptions or failures or the occurrence of cybersecurity incidents or breaches; (xiv) the inability to protect the Company’s brand value, intellectual property or avoid intellectual property disputes; and (xv) our ability to manage the impacts of changing weather patterns on raw material availability due to climate change.

 

2


 

Contacts:

 

Company

Investor Relations

Frank S. Pellegrino

John Beisler or Steven Hooser

Chief Financial Officer

Three Part Advisors, LLC

847-214-4138

817-310-8776

 

3


FAQ

What special dividend did John B. Sanfilippo & Son (JBSS) declare?

John B. Sanfilippo & Son declared a special cash dividend of $1.50 per share. The payment applies to all issued and outstanding shares of Common Stock and Class A Common Stock, providing a one-time cash distribution in addition to the company’s regular dividend activity.

How much cash will JBSS’s $1.50 special dividend return to stockholders?

The $1.50 per share Special Dividend will return approximately $17.6 million to stockholders. This figure reflects the total cash outlay across all issued and outstanding shares of Common Stock and Class A Common Stock included in the one-time distribution approved by the Board.

When is the record date and payment date for JBSS’s special dividend?

The Special Dividend will be paid on May 21, 2026 to stockholders of record as of April 27, 2026. Anyone holding eligible shares at the close of business on the record date will be entitled to receive the $1.50 per share cash payment.

What is JBSS’s total cash returned per share in the current fiscal year?

Including this Special Dividend, JBSS states it has returned $4.00 per share in cash to stockholders in the current fiscal year. That figure combines the new $1.50 payment with previously paid special dividends and the company’s annual dividend during the same fiscal period.

Why did JBSS say it can pay another special dividend this fiscal year?

JBSS’s CEO attributed the Special Dividend to strong financial performance over recent quarters. He indicated this performance enabled another special distribution in the current fiscal year and emphasized disciplined and responsible use of cash while highlighting employees’ role in achieving these results.

Filing Exhibits & Attachments

2 documents
John B. Sanfilippo & Son

NASDAQ:JBSS

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926.53M
7.66M
Packaged Foods
Sugar & Confectionery Products
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United States
ELGIN