John B. Sanfilippo & Son, Inc. announced its financial results for the fiscal first quarter ended September 26, 2024. The company reported net income of $11.7 million for the quarter. Diluted earnings per share stood at $1.00.
Net sales for the quarter reached $276.2 million. The company experienced an increase in sales volume during this period.
Despite the robust increase in sales volume, the company faced challenges with declining gross profit margins and a decrease in net income compared to the prior year.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.