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John B Sanfilippo & Son, Inc (NASDAQ:JBSS) - John B Sanfilippo & Son Declares Special Cash Dividend Of $2 30 Per Share
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John B Sanfilippo & Son, Inc : Board Declares Special Cash Dividend of $2 30 per share of Common Stock and Class A Common Stock and Regular Annual Cash Dividend of $0 70 per share of Common Stock and Class A Common Stock
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John B Sanfilippo & Son Inc (JBSS) Q3 2021 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble.
John B Sanfilippo & Son Inc (NASDAQ: JBSS)
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Operator
Ladies and gentlemen, thank you for standing by and welcome to John B. Sanfilippo and Son, Inc., Third Quarter Fiscal 2021 Operating Results Conference Call. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Mike Valentine, Chief Financial Officer. Thank you. Please go ahead, sir.SPONSORED:
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28, 2021 - John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) (hereinafter the Company ) today announced operating results for its fiscal 2021 third quarter. Net income for the third quarter of fiscal 2021 was $14.7 million, or $1.27 per share diluted, compared to net income of $13.5 million, or $1.17 per share diluted, for the third quarter of fiscal 2020. Net income for the first three quarters of fiscal 2021 was $47.4 million, or $4.10 per share diluted, compared to net income of $43.9 million, or $3.80 per share diluted, for the first three quarters of fiscal 2020. The Company reported record net income and diluted earnings per share in the quarter despite the continuing challenges in its food service business and in its contract packaging distribution channel due to the impact of COVID-19.
Operator
Good morning. My name is Dexter, and I will be your conference operator today. At this time, I would like to welcome everyone to the John B. Sanfilippo & Son, Inc. Second Quarter Fiscal 2021 Operating Results Conference Call. [Operator Instructions]
Mr. Mike Valentine, Chief Financial Officer, will begin your conference. Please go ahead, sir.
Michael J. Valentine
Chief Financial Officer, Group President and Secretary
Thank you, Dexter. Good morning, everyone, and welcome to our 2021 second quarter earnings conference call. Thank you for joining us today. On the call with me today is Jeffrey Sanfilippo, our CEO; and Jasper Sanfilippo, our COO. Before we start, we want to remind you that we may make some forward-looking statements today. These statements are based on our current expectations and involve certain risks and uncertainties that are inherent in our business. The factors that could negatively impact results are explained in the various SEC filings that we hav
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