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Stock impact report

John B. Sanfilippo & Son, Inc. Reports Fiscal 2024 Second Quarter Results [Yahoo! Finance]

John B. Sanfilippo & Son, Inc. (JBSS) 
US:NASDAQ Investor Relations: jbssinc.com/investors
Company Research Source: Yahoo! Finance
ELGIN, Ill., January 31, 2024 BUSINESS WIRE John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) (the "Company") today announced financial results for its fiscal 2024 second quarter ended December 28, 2023. Second Quarter Summary* Net sales increased $16.9 million, or 6.2%, to $291.2 million Sales volume increased 9.5 million pounds, or 11.8%, to 89.9 million pounds Gross profit increased 2.5% to $57.9 million Diluted EPS increased 13.1% to $1.64 per share CEO Commentary "This was a significant quarter for our Company as it represents the first quarter of financial results that includes our recent Lakeville Acquisition. The Lakeville Acquisition increased our quarterly sales volume by 11.6 million pounds, or 14.4% over the second quarter of fiscal 2023, and increased quarterly net sales by approximately $28.7 million, or 10.5% over the second quarter of fiscal 2023. In addition, we delivered a 13.1% increase in diluted earnings per share, which includes the dilutive impact of Show less Read more
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