Education
About Us
Working with TipRanks
Follow Us
John B. Sanfilippo & Son (JBSS)
NASDAQ:JBSS
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.73Last Year’s EPS
1.72Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Q2 2026
Earnings Call Date:Jan 29, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presents a mix of encouraging financial and operational developments alongside clear demand and volume challenges. Financial highlights include top-line growth, improved gross profit and margins, a significant increase in diluted EPS (~32% in Q2) and a stronger year-to-date net income (~45% increase), supported by disciplined cost management, margin initiatives and reduced interest expense. Management is investing heavily in bar capacity (85% of equipment on site/in transit, production starting July 2026), returned capital via a $1.00 per share special dividend, and reported recent new and expanded commercial wins. Offsetting these positives are substantial declines in sales volume across multiple channels (overall pounds sold down ~9.7% in Q2), pronounced brand-specific declines (e.g., Orchard Valley Harvest -42%, Fisher -15%, private label bars -12%), higher commodity and inventory costs (inventory +14.4%, weighted average raw cost +11.8%), and lagging pricing pass-through, which together indicate continued demand softness and execution risk. Overall, the financial improvements and strategic investments are promising, but the volume declines and cost/inventory pressures moderate near-term outlook.Company Guidance
Revenue Growth — Q2
Net sales for Q2 FY2026 increased 4.6% year-over-year to $314.8 million (vs. $301.1 million in Q2 FY2025).
Profitability and EPS Improvement
Gross profit grew $6.9 million (13.2%) to $59.2 million; gross margin improved to 18.8% of net sales from 17.4%. Net income for Q2 was $18.0 million, or $1.53 per diluted share, compared with $13.6 million, or $1.16 per diluted share a year ago (diluted EPS increased ~32%).
Year-to-Date Financial Strength
Net sales for the first two quarters increased 6.3% to $613.5 million. Year-to-date net income rose to $36.7 million ($3.12 per diluted share) from $25.3 million ($2.60), an increase of approximately 45%.
Margin and Cost Management
Total operating expenses were essentially flat year-over-year (increase of $0.3M for the quarter) and decreased as a percent of sales to 10.5% from 10.9%. Improvements were driven by reduced manufacturing spending, supply chain efficiencies, lower marketing, freight and third-party warehouse costs, and other productivity initiatives.
Capital Allocation and Shareholder Return
Distributed a special dividend of $1.00 per share at the start of Q3, signaling strong liquidity and disciplined capital allocation while simultaneously investing in growth-capacity projects.
Bar Capacity Expansion and Product Innovation
Major capital expenditure to expand bar manufacturing: ~85% of new equipment is on site or in transit, with production scheduled to begin in July 2026. Management reports strong early customer interest and a focused R&D/innovation pipeline targeting protein-forward bars.
Lower Interest Expense
Interest expense for Q2 decreased to $0.5 million from $0.8 million year-over-year, reducing finance costs.
Commercial Momentum and New Business Wins
Management noted recent new and expanded business wins across consumer, foodservice and contract manufacturing channels and emphasized focus on private brand growth.
JBSS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
JBSS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jan 29, 2026 | $75.56 | $80.90 | +7.07% |
Oct 29, 2025 | $58.68 | $67.64 | +15.26% |
Aug 26, 2025 | $63.44 | $64.74 | +2.04% |
Apr 30, 2025 | $63.81 | $60.56 | -5.10% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does John B. Sanfilippo & Son (JBSS) report earnings?
John B. Sanfilippo & Son (JBSS) is schdueled to report earning on May 06, 2026, After Close (Confirmed).
What is John B. Sanfilippo & Son (JBSS) earnings time?
John B. Sanfilippo & Son (JBSS) earnings time is at May 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is JBSS EPS forecast?
JBSS EPS forecast for the fiscal quarter 2026 (Q3) is 1.73.