
John B. Sanfilippo &amp; Son, Inc. (NASDAQ:JBSS) (the &#34;Company&#34;) today announced that its Board of Directors (the &#34;Board&#34;) declared a special cash dividend (the &#34;Special Dividend&#34;) of $1.50 per share on all issued and

<p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">John B. Sanfilippo &amp; Son, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/JBSS">JBSS</a>)</b> (the "Company") today announced that its Board of Directors (the "Board") declared a special cash dividend (the "Special Dividend") of $1.50 per share on all issued and outstanding shares of Common Stock of the Company and $1.50 per share on all issued and outstanding shares of Class A Common Stock of the Company. The Special Dividend will return approximately $17.6 million to Company stockholders.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Special Dividend will be paid on May 21, 2026, to stockholders of record as of the close of business on April 27, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We are pleased to announce the $1.50 per share Special Dividend," stated Jeffrey T. Sanfilippo, Chairman and Chief Executive Officer. "Our financial performance over the last several quarters has enabled us to declare another Special Dividend in the current fiscal year. This Special Dividend, along with the special dividends and annual dividend previously paid by the Company, brings the total cash returned to our stockholders to $4.00 per share in the current fiscal year. This Special Dividend, like our previous dividends, underscores our commitment to creating long-term stockholder value through the disciplined and responsible use of cash. Furthermore, this Special Dividend would not be possible without the hard work and dedication of all our employees," Mr. Sanfilippo concluded.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">ABOUT THE COMPANY</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
John B. Sanfilippo &amp; Son, Inc. is a processor, packager, marketer and distributor of nut and dried fruit-based products, snack bars, and dried cheese snacks that are sold under a variety of private brands and under the Company's <i xmlns="http://www.w3.org/1999/xhtml">Fisher<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, Orchard Valley Harvest<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>,</i> <i xmlns="http://www.w3.org/1999/xhtml">Squirrel Brand<sup xmlns="http://www.w3.org/1999/xhtml">&#x2122;</sup></i>, and <i xmlns="http://www.w3.org/1999/xhtml">Southern Style Nuts<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> </i>brand names.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Some of the statements in this release are forward-looking. These forward-looking statements may be generally identified by the use of forward-looking words and phrases such as "will", "intends", "may", "believes", "anticipates", "should" and "expects" and are based on the Company's current expectations or beliefs concerning future events and involve risks and uncertainties. Consequently, the Company's actual results could differ materially. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events or other factors that affect the subject of these statements, except where expressly required to do so by law. Among the factors that could cause results to differ materially from current expectations are: (i) sales activity for the Company's products, such as a decline in sales to one or more key customers, or to customers or in the nut and bars categories generally, in some or all channels, a change in product mix to lower price products, a decline in sales of private brand products or changing consumer preferences, including a shift from higher margin products to lower margin products; (ii) changes in the availability and costs of raw materials and ingredients due to tariffs and other import restrictions and the impact of fixed price commitments with customers; (iii) the ability to pass on price increases to customers if commodity costs rise and the potential for a negative impact on demand for, and sales of, our products from price increases; (iv) the ability to measure and estimate bulk inventory, fluctuations in the value and quantity of the Company's nut inventories due to fluctuations in the market prices of nuts and bulk inventory estimation adjustments, respectively; (v) the Company's ability to appropriately respond to, or lessen the negative impact of, competitive and pricing pressures; (vi) losses associated with product recalls, product contamination, food labeling or other food safety issues, or the potential for lost sales or product liability if customers lose confidence in the safety of the Company's products or in nuts or nut products in general, or are harmed as a result of using the Company's products; (vii) the ability of the Company to control costs (including inflationary costs) and manage shortages or other disruptions in areas such as inputs, transportation and labor; (viii) uncertainty in economic conditions, including the potential for inflation or economic downturn leading to decreased consumer demand; (ix) the timing and occurrence (or nonoccurrence) of other transactions and events which may be subject to circumstances beyond the Company's control; (x) the adverse effect of labor unrest or disputes, litigation and/or legal settlements, including potential unfavorable outcomes exceeding any amounts accrued; (xi) losses due to significant disruptions at any of our production or processing facilities, our inability to meet or fulfill customer orders on a timely basis, if at all, or employee unavailability due to labor shortages; (xii) the ability to implement our Long-Range Plan, including growing our branded and private brand product sales, diversifying our product offerings (including by the launch of new products) and expanding into alternative sales channels; (xiii) technology disruptions or failures or the occurrence of cybersecurity incidents or breaches; (xiv) the inability to protect the Company's brand value, intellectual property or avoid intellectual property disputes; and (xv) our ability to manage the impacts of changing weather patterns on raw material availability due to climate change.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260330418957r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260330418957/en/" rel="nofollow">https://www.businesswire.com/news/home/20260330418957/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Company
<br xmlns="http://www.w3.org/1999/xhtml"></br>Frank S. Pellegrino
<br xmlns="http://www.w3.org/1999/xhtml"></br>Chief Financial Officer
<br xmlns="http://www.w3.org/1999/xhtml"></br>847-214-4138

</p><p xmlns="http://www.w3.org/1999/xhtml">
Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>John Beisler or Steven Hooser
<br xmlns="http://www.w3.org/1999/xhtml"></br>Three Part Advisors, LLC
<br xmlns="http://www.w3.org/1999/xhtml"></br>817-310-8776

</p>

JBSS

John B. Sanfilippo & Son, Inc. Declares $1.50 Per Share Special Dividend

JBSS Declares $1.50 Special Dividend Amid Strong Financial Performance

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>John B. Sanfilippo &amp;amp; Son, Inc. (NASDAQ:JBSS) (the &amp;#34;Company&amp;#34;) today announced that its Board of Directors (the &amp;#34;Board&amp;#34;) declared a special cash dividend (the &amp;#34;Special Dividend&amp;#34;) of $1.50 per share on all issued and</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>John B. Sanfilippo &amp; Son, Inc. announced a special cash dividend of $1.50 per share, totaling approximately $17.6 million for shareholders. This reflects ongoing strong financial results and reinforces the company&#039;s commitment to delivering value to investors, potentially driving stock price appreciation as investor confidence strengthens.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>JBSS declares a $1.50 special cash dividend per share.</li><li>Total cash returned to shareholders this fiscal year is $4.00 per share.</li><li>Dividend payment will occur on May 21, 2026.</li><li>Strong recent financial performance supports this dividend declaration.</li><li>CEO emphasizes commitment to long-term shareholder value creation.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>John B. Sanfilippo &amp; Son, Inc. (JBSS)</strong>: Declared a significant special dividend, reflecting robust financial health.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This announcement falls under Corporate Developments due to its implication on shareholder returns and corporate financial practices. It enhances JBSS&#039;s attractiveness to income-focused investors, supporting long-term shareholder loyalty and value.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>The declared dividend could attract income-focused investors, boosting demand.</li><li>The total $4.00 return highlights superior financial health, likely enhancing market perception.</li><li>Upcoming dividend payment date may create buying pressure as it approaches.</li><li>Increased investor confidence can lead to upward price movement.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>JBSS will pay a special dividend of $1.50 per share.</li><li>Approximately $17.6 million will be distributed to shareholders.</li><li>Total cash returned this fiscal year is $4.00 per share.</li><li>Record date for dividend is April 27, 2026.</li><li>Payment date for the dividend is May 21, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Investors should consider accumulating JBSS shares ahead of the dividend payment for potential price gains.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">John B. Sanfilippo &amp; Son, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/JBSS">JBSS</a>)</b> (the "Company") today announced that its Board of Directors (the "Board") declared a special cash dividend (the "Special Dividend") of $1.50 per share on all issued and outstanding shares of Common Stock of the Company and $1.50 per share on all issued and outstanding shares of Class A Common Stock of the Company. The Special Dividend will return approximately $17.6 million to Company stockholders.

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Special Dividend will be paid on May 21, 2026, to stockholders of record as of the close of business on April 27, 2026.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"We are pleased to announce the $1.50 per share Special Dividend," stated Jeffrey T. Sanfilippo, Chairman and Chief Executive Officer. "Our financial performance over the last several quarters has enabled us to declare another Special Dividend in the current fiscal year. This Special Dividend, along with the special dividends and annual dividend previously paid by the Company, brings the total cash returned to our stockholders to $4.00 per share in the current fiscal year. This Special Dividend, like our previous dividends, underscores our commitment to creating long-term stockholder value through the disciplined and responsible use of cash. Furthermore, this Special Dividend would not be possible without the hard work and dedication of all our employees," Mr. Sanfilippo concluded.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">ABOUT THE COMPANY</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
John B. Sanfilippo &amp; Son, Inc. is a processor, packager, marketer and distributor of nut and dried fruit-based products, snack bars, and dried cheese snacks that are sold under a variety of private brands and under the Company's <i xmlns="http://www.w3.org/1999/xhtml">Fisher<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>, Orchard Valley Harvest<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup>,</i> <i xmlns="http://www.w3.org/1999/xhtml">Squirrel Brand<sup xmlns="http://www.w3.org/1999/xhtml">&#x2122;</sup></i>, and <i xmlns="http://www.w3.org/1999/xhtml">Southern Style Nuts<sup xmlns="http://www.w3.org/1999/xhtml">&#xAE;</sup> </i>brand names.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Forward Looking Statements</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Some of the statements in this release are forward-looking. These forward-looking statements may be generally identified by the use of forward-looking words and phrases such as "will", "intends", "may", "believes", "anticipates", "should" and "expects" and are based on the Company's current expectations or beliefs concerning future events and involve risks and uncertainties. Consequently, the Company's actual results could differ materially. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events or other factors that affect the subject of these statements, except where expressly required to do so by law. Among the factors that could cause results to differ materially from current expectations are: (i) sales activity for the Company's products, such as a decline in sales to one or more key customers, or to customers or in the nut and bars categories generally, in some or all channels, a change in product mix to lower price products, a decline in sales of private brand products or changing consumer preferences, including a shift from higher margin products to lower margin products; (ii) changes in the availability and costs of raw materials and ingredients due to tariffs and other import restrictions and the impact of fixed price commitments with customers; (iii) the ability to pass on price increases to customers if commodity costs rise and the potential for a negative impact on demand for, and sales of, our products from price increases; (iv) the ability to measure and estimate bulk inventory, fluctuations in the value and quantity of the Company's nut inventories due to fluctuations in the market prices of nuts and bulk inventory estimation adjustments, respectively; (v) the Company's ability to appropriately respond to, or lessen the negative impact of, competitive and pricing pressures; (vi) losses associated with product recalls, product contamination, food labeling or other food safety issues, or the potential for lost sales or product liability if customers lose confidence in the safety of the Company's products or in nuts or nut products in general, or are harmed as a result of using the Company's products; (vii) the ability of the Company to control costs (including inflationary costs) and manage shortages or other disruptions in areas such as inputs, transportation and labor; (viii) uncertainty in economic conditions, including the potential for inflation or economic downturn leading to decreased consumer demand; (ix) the timing and occurrence (or nonoccurrence) of other transactions and events which may be subject to circumstances beyond the Company's control; (x) the adverse effect of labor unrest or disputes, litigation and/or legal settlements, including potential unfavorable outcomes exceeding any amounts accrued; (xi) losses due to significant disruptions at any of our production or processing facilities, our inability to meet or fulfill customer orders on a timely basis, if at all, or employee unavailability due to labor shortages; (xii) the ability to implement our Long-Range Plan, including growing our branded and private brand product sales, diversifying our product offerings (including by the launch of new products) and expanding into alternative sales channels; (xiii) technology disruptions or failures or the occurrence of cybersecurity incidents or breaches; (xiv) the inability to protect the Company's brand value, intellectual property or avoid intellectual property disputes; and (xv) our ability to manage the impacts of changing weather patterns on raw material availability due to climate change.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260330418957r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260330418957/en/" rel="nofollow">https://www.businesswire.com/news/home/20260330418957/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Company
<br xmlns="http://www.w3.org/1999/xhtml"></br>Frank S. Pellegrino
<br xmlns="http://www.w3.org/1999/xhtml"></br>Chief Financial Officer
<br xmlns="http://www.w3.org/1999/xhtml"></br>847-214-4138

</p><p xmlns="http://www.w3.org/1999/xhtml">
Investor Relations
<br xmlns="http://www.w3.org/1999/xhtml"></br>John Beisler or Steven Hooser
<br xmlns="http://www.w3.org/1999/xhtml"></br>Three Part Advisors, LLC
<br xmlns="http://www.w3.org/1999/xhtml"></br>817-310-8776

</p>

John B. Sanfilippo & Son, Inc. announced a special cash dividend of $1.50 per share, totaling approximately $17.6 million for shareholders. This reflects ongoing strong financial results and reinforces the company's commitment to delivering value to investors, potentially driving stock price appreciation as investor confidence strengthens.

John B. Sanfilippo & Son, Inc. Declares $1.50 Per Share Special Dividend

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News