Open report — full analysis, no account required.
Sign up to generate reports and read filings that aren't on the open list.
Get notified when JBSS files again. Create a free account and we'll email you the moment its next filing is analyzed.
Get filing alertsJBSS Q4 EPS falls 38% on recall costs; full-year sales hit record $1.18B, CEO transition set
Filed August 19, 2026 · Period ending August 19, 2026 · ~1 min read
Key Changes
-
high
Q4 diluted EPS dropped 38.3% to $0.71 on $2.7M recall costs from contaminated third-party milk powder, higher customer claims, snack bar ingredient costs, and manufacturing inefficiencies from onboarding a large contract customer.
Exhibit 99.1 view on EDGAR → -
high
Full-year net sales rose 6.2% to record $1.18B despite 2.5% volume decline; weighted average selling price per pound increased 8.9%. Diluted EPS grew 4.6% to $5.26.
Exhibit 99.1 view on EDGAR → -
medium
CEO Jeffrey Sanfilippo will step down in October to become Executive Chairman; brother Jasper Sanfilippo will succeed him as CEO after Jeffrey's 20-year tenure.
Exhibit 99.1 view on EDGAR → -
medium
Annual dividend increased 5.6% to $0.95/share; special dividend of $1.05/share (up 75% year-over-year) brings total 2026 calendar-year dividends to $3.50/share, payable September 9.
Exhibit 99.1 view on EDGAR → -
medium
Q4 gross profit fell 9.5% to $44.1M despite 4.2% sales growth; full-year gross margin compressed from 18.4% to 18.0% on volume headwinds and cost pressures.
Exhibit 99.1 view on EDGAR →
Summary
John B. Sanfilippo & Son reported a challenging fourth quarter despite full-year records.
Net sales rose 4.2% to $280.4 million on pricing gains and modest volume growth, but gross profit declined 9.5%. For the full fiscal year, net sales reached a record $1.18 billion, up 6.2%, driven by an 8.9% increase in weighted average selling price per pound that more than offset a 2.5% volume decline. Diluted EPS grew 4.6% to $5.26, though gross margin compressed from 18.4% to 18.0%. The company increased its annual dividend 5.6% and declared a special dividend up 75%, bringing total 2026 calendar-year dividends to $3.50 per share. CEO Jeffrey Sanfilippo will transition to Executive Chairman in October, with brother Jasper succeeding him after a 20-year tenure that transformed the business into a more diversified organization.
Section-by-Section Diff
Event · Exhibit 99.1
Added in current filing · view on EDGAR →
Net sales increased $11.4 million, or 4.2%, to $280.4 million • Sales volume increased 1.2 million pounds, or 1.4%, to 87.4 million pounds • Gross profit decreased 9.5% to $44.1 million • Diluted EPS decreased 38.3% to $0.71 per share
Fourth quarter net sales rose 4.2% to $280.4 million driven by a 2.8% increase in weighted average selling price and 1.4% volume growth. However, gross profit fell 9.5% to $44.1 million and diluted EPS dropped 38.3% to $0.71 per share. The profit decline was primarily due to $2.7 million in recall-related costs for contaminated dry milk powder from a third-party supplier, higher customer claims, increased snack bar ingredient costs, manufacturing inefficiencies from onboarding a large contract manufacturing customer, and higher freight expenses.
Added in current filing · view on EDGAR →
Net sales increased $68.4 million, or 6.2%, to $1.18 billion • Sales volume decreased 9.0 million pounds, or 2.5%, to 349.3 million pounds • Gross profit increased 3.8% to $211.2 million • Diluted EPS increased 4.6% to $5.26 per share
Full-year net sales reached a record $1.18 billion, up 6.2%, driven by an 8.9% increase in weighted average selling price per pound, partially offset by a 2.5% decline in sales volume. Gross profit increased 3.8% to $211.2 million, though gross margin compressed from 18.4% to 18.0%. Diluted EPS grew 4.6% to $5.26 per share despite the volume headwinds and margin pressure.
Added in current filing · view on EDGAR →
The decrease was primarily attributable to $2.7 million of recall-related costs associated with dry milk powder supplied by a third-party manufacturer used in the seasoning within certain of our products
The company incurred $2.7 million in recall-related costs during Q4 due to contaminated dry milk powder from a third-party supplier used in product seasoning. This affected Southern Style Nuts Hunter Mix, which was temporarily withdrawn from the market. The company disclosed an estimated insurance recovery partially offsetting the impact in operating expenses.
Added in current filing · view on EDGAR →
As I announced last month, I will be stepping down as Chief Executive Officer in October to assume the role of Executive Chairman, and my brother Jasper will succeed me as CEO.
Jeffrey T. Sanfilippo will step down as CEO in October 2026 to become Executive Chairman. His brother Jasper Sanfilippo will succeed him as CEO. Jeffrey reflected on 20 years of leadership during which the company transformed into a stronger, more diversified organization while maintaining its entrepreneurial culture.
Event · Item 2.02 — Results of Operations and Financial Condition
JBSS disclosed Q4 and FY2026 financial results via press release.
Added in current filing · verify on EDGAR →
On August 19, 2026, John B. Sanfilippo & Son, Inc. issued a press release regarding its financial results for the fourth quarter and fifty-two weeks ended June 25, 2026.
The company announced financial results for the fourth quarter and full fiscal year ended June 25, 2026. The 8-K references a press release (Exhibit 99.1) containing the detailed figures, but the body of the filing does not disclose specific revenue, earnings, or other quantitative metrics.
Thanks — your feedback helps us improve report quality.
Figures/quotes linked to EDGAR · Narrative written by AI · Aug 20, 2026 · How we verify