John B. Sanfilippo & Son, Inc. announced strong financial results for its fiscal 2026 second quarter, with net sales increasing by 4.6% to $314.8 million and diluted EPS rising by 31.9% to $1.53 per share. This growth was driven by disciplined cost management, operational efficiencies, and strategic pricing actions, despite headwinds from shifting consumer behavior and elevated retail selling prices.
Net sales increased by $13.7 million, or 4.6%, to $314.8 million.
Diluted EPS increased by 31.9% to $1.53 per share.
Gross profit increased by 13.2% to $59.2 million, with gross profit margin improving to 18.8% of net sales.
Sales volume decreased by 9.7% to 87.0 million pounds, primarily due to lower granola volume in contract manufacturing and declines in private brand sales.
The Company is confident in its ability to navigate the dynamic environment, capitalize on growth opportunities, and deliver long-term value to shareholders, supported by strategic investments and a strong product portfolio.
Analyze how earnings announcements historically affect stock price performance