John B. Sanfilippo & Son(NASDAQ) JBSS

John B. Sanfilippo & Son, Inc. sells nuts and snacks. The company helps people find ingredients for cooking and baking. It serves retail stores, food makers, and snack brands.

What Is on the Menu?

• Nut and Bar Products: Tree nuts, peanuts, and granola bars for snacking and baking; accounted for approximately 93% of gross sales in fiscal 2026.
• Other Snack Items: Additional products such as peanut butter, sunflower kernels, and chocolate-coated treats sold to retail and commercial customers.

Building for Future Growth

• Committed to a multiyear capital plan to invest approximately $90 million in infrastructure and equipment starting in fiscal 2025.
• Secured a financing agreement in June 2025 for $50 million to buy equipment and increase efficiency.
• Developed a long-range plan focused on growing private brand bar sales and expanding branded distribution.

Controlling the Supply Chain

The company uses a vertically integrated model to manage everything from buying crops to shelling and packaging. Net sales to Walmart accounted for 41% of net sales in fiscal 2026.

Crunching the Annual Figures

• Net sales were $1,175.7 million in fiscal 2026, up 6.2% year over year.
• Gross profit was $211.2 million in fiscal 2026, up 3.8% year over year.
• Net income was $61.9 million in fiscal 2026.
• Diluted earnings per share increased 4.6% in fiscal 2026 compared to fiscal 2025.
• Cash provided by operating activities was $123.8 million in fiscal 2026, up $93.3 million year over year.

The Final Word

Sanfilippo has evolved from a nut sheller into a broad snack food producer with its own brands and private label partnerships. Its control over the supply chain and focus on high-growth bars help it adapt to changing food trends.