M&A - SANFILIPPO JOHN B & SON INC

Form Type: 10-Q

Filing Date: 2025-01-29

Corporate Action: Acquisition

Type: Update

Accession Number: 000095017025010565

Filing Summary: The document is the quarterly report for John B. Sanfilippo & Son Inc. for the quarter ended December 26, 2024, highlighting the company's financial performance and conditions. The report indicates net sales increase to $301,067, with a gross profit of $52,251. The company reported a net income of $13,595 for this quarter, down from $19,171 from the previous year. They detailed expenses, including selling expenses of $22,620 and administrative expenses of $10,262. The report also discusses the company's cash flows, indicating net cash used in investing activities of $25,618, largely due to purchases of property and equipment, along with details regarding the company’s equity and liabilities. Additionally, an acquisition of the 'Just The Cheese' brand is noted as significant to the company's recent growth, enhancing its market position and product offerings.