Wednesday, January 29, 2014

Big Quarter for JBSS

JBSS reported second quarter earnings after today's close.   See excerpt below and look for updates on Seeking Alpha

  • Net sales increased by 4.4%
  • Sales volume increased by 12.0%
  • Net income increased by 11.1%
ELGIN, Ill.--(BUSINESS WIRE)-- John B. Sanfilippo & Son, Inc. (JBSS) (the Company) today announced operating results for its fiscal 2014 second quarter. Net income for the second quarter of fiscal 2014 was $9.2 million, or $0.83 per share diluted, compared to net income of $8.3 million, or $0.76 per share diluted, for the second quarter of fiscal 2013. Net income for the first two quarters of fiscal 2014 was $16.0 million, or $1.44 per share diluted, compared to net income of $15.8 million, or $1.45 per share diluted, for the first two quarters of fiscal 2013.

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