JBSS FY 2023 Earnings Report — John B. Sanfilippo & Son, Inc. Revenue & Financial Results | Market Cap Arena

John B. Sanfilippo & Son, Inc.JBSS

FY 2023 Earnings

Reported August 23, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$1000M	—	$956M	—	4.6%
Op. Income	$90M	—	$87M	—	3.2%
Gross Margin	21.2%	—	20.9%	—	0.3pp
Net Margin	6.3%	—	6.5%	—	-0.2pp
EPS (Diluted)	$5.40	—	$5.33	—	1.3%
Free Cash Flow	$104M	—	$2M	—	5517.5%

Revenue Flow

Item	Amount
REVENUE	$1000M
Cost of Revenue	$788M
GROSS PROFIT	$212M
R&D Expenses	$0
Selling & Marketing	$77M
General & Administrative	$46M
SG&A Expenses	$123M
Other Expenses	-$1M
Operating Expenses	$121M
Cost & Expenses	$909M
OPERATING INCOME	$90M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$85M
Income Tax Expense	$22M
Net Income from Continuing Ops	$63M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$63M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$63M
D&A	$22M
EBIT	$88M
EBITDA	$110M
EPS	$5
EPS Diluted	$5

Income Statement

Item	Amount
REVENUE	$1000M
Cost of Revenue	$788M
GROSS PROFIT	$212M
R&D Expenses	$0
Selling & Marketing	$77M
General & Administrative	$46M
SG&A Expenses	$123M
Other Expenses	-$1M
Operating Expenses	$121M
Cost & Expenses	$909M
OPERATING INCOME	$90M
Interest Income	$0
Interest Expense	$2M
Other Income/Expenses	-$5M
INCOME BEFORE TAX	$85M
Income Tax Expense	$22M
Net Income from Continuing Ops	$63M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$63M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$63M
D&A	$22M
EBIT	$88M
EBITDA	$110M
EPS	$5
EPS Diluted	$5

Cash Flow Statement

Item	Amount
Net Income	$63M
Depreciation & Amortization	$22M
Stock-Based Compensation	$4M
Deferred Income Tax	-$1M
Other Non-Cash Items	$3M
Change in Working Capital	$35M
OPERATING CASH FLOW	$125M
Capital Expenditure	-$21M
Acquisitions (Net)	-$4M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$55.0K
NET CASH FROM INVESTING	-$24M
Net Debt Issuance	-$44M
Common Stock Repurchased	-$379.0K
Common Dividends Paid	-$55M
Other Financing Activities	$0
NET CASH FROM FINANCING	-$99M
FREE CASH FLOW	$104M
Net Change in Cash	$2M

Balance Sheet

Item	Amount
Cash & Equivalents	$2M
Short-Term Investments	$0
Net Receivables	$73M
Inventory	$173M
Other Current Assets	$7M
TOTAL CURRENT ASSETS	$254M
PP&E (Net)	$127M
Goodwill	$12M
Intangible Assets	$7M
Long-Term Investments	$29M
Tax Assets	$4M
Other Non-Current Assets	-$7M
TOTAL NON-CURRENT ASSETS	$171M
TOTAL ASSETS	$425M
Account Payables	$43M
Short-Term Debt	$957.0K
Deferred Revenue	$0
Other Current Liabilities	$0
TOTAL CURRENT LIABILITIES	$86M
Long-Term Debt	$7M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$36M
TOTAL NON-CURRENT LIABILITIES	$47M
TOTAL LIABILITIES	$133M
Common Stock	$117.0K
Additional Paid-In Capital	$132M
Retained Earnings	$162M
Treasury Stock	-$1M
Accum. Other Comp. Income	-$204.0K
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$292M
Minority Interest	$0
TOTAL EQUITY	$292M
TOTAL LIABILITIES & EQUITY	$425M
Total Debt	$13M
Net Debt	$11M