Nut roaster John B. Sanfilippo & Son Inc. reports Q3 income increase, sales decline
Source John B. Sanfilippo & Son Inc.
Nut roaster John B. Sanfilippo & Son Inc. (Nasdaq: JBSS) reported this week $14.7 million net income for the third quarter of fiscal 2021, or $1.27 per share diluted, compared with net income of $13.5 million, or $1.17 per share diluted, for the third quarter of fiscal 2020.
KEY POINTS
- Net sales decreased 1.8%
- Sales volume decreased 1.2%
- Gross profit increased 7.6%
- Net income increased 9.2%
Nut roaster John B. Sanfilippo & Son Inc. (Nasdaq: JBSS) reported this week $14.7 million net income for the third quarter of fiscal 2021, or $1.27 per share diluted, compared with net income of $13.5 million, or $1.17 per share diluted, for the third quarter of fiscal 2020.
Click here to see the company’s earnings report.
John B. Sanfilippo & Son is a processor, packager, marketer and distributor of nut and dried fruit-based products. They are sold in retail and vending channels under private brands and the company’s own Fisher, Orchard Valley Harvest, Squirrel Brand, Southern Style Nuts and Sunshine Country names.
