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John B Sanfilippo & Son Inc (JBSS) Q3 2021 Earnings Call Transcript


John B Sanfilippo & Son Inc (JBSS) Q3 2021 Earnings Call Transcript
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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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John B Sanfilippo & Son : Third Quarter Diluted EPS Increased 8.9% to a Third Quarter Record $1.27 per Share


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. ....

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