The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the food processing peer group is "buy".
Wall Street's median 12-month price target for John B. Sanfilippo & Son, Inc. is $102.00, about 22.2% above its August 18 closing price of $83.47.
Quarterly results
U.S. nut processor's fiscal Q4 net sales rose 4.2% year over year, with sales volume up 1.4%.
Diluted EPS for fiscal Q4 fell 38.3% year over year amid higher costs and recall-related charges.
The company saw a return to sales volume growth after five consecutive quarters of decline.
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$280.43 mln
$274.87 mln (2 Analysts)
Q4 EPS
$0.71
Q4 Gross Margin
15.70%
Q4 EBIT
$12.42 mln
Q4 Gross Profit
$44.15 mln
Q4 Pretax Profit
$11.10 mln
What drove results
Higher selling prices: Net sales growth was driven by a 2.8% increase in weighted average selling price per pound, reflecting pricing actions in response to higher commodity acquisition costs.
Private brand and contract manufacturing gains: Sales volume growth was mainly driven by higher private brand sales and increased snack nut sales to a new contract manufacturing customer.
Recall and cost pressures: Q4 profitability was negatively impacted by recall-related costs, higher input and freight expenses, manufacturing inefficiencies, and increased customer claims.
Outlook and shareholder returns
The company says it remains focused on improving operational efficiencies in fiscal 2027.
It expects recent investments and growth strategy to support long-term, sustainable growth.
The company remains committed to returning capital to shareholders through dividends.
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