John B. Sanfilippo & Son expects less favorable sales mix as contract manufacturing replaces lost consumer volume
Bitget2026/10/30 13:29- John B. Sanfilippo & Son expects contract manufacturing to replace significant lost consumer volume in fiscal 2027, weakening sales mix.
- Management is evaluating the cost structure to improve efficiency and prioritize resources.
- First-quarter diluted earnings fell 30.2% to $1.11 per share, though CEO Jasper B. Sanfilippo Jr. highlighted improvement exceeding 50% from the prior quarter.
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