John B. Sanfilippo & Son (JBSS) stock plummeted 5.15% in intraday trading on Friday, underperforming the broader market.
The nut company reported weaker-than-expected results for the second quarter of fiscal 2025. Revenue grew 3.4% year-over-year to $301.1 million, but net income declined 29% to $13.6 million. Earnings per share of $1.17 missed analyst estimates of $1.65, as profit margins compressed to 4.5% from 6.6% a year ago due to higher expenses.
Analysts raised concerns around John B. Sanfilippo's rising costs and squeezed profitability. The company has 2 warning signs that investors should be aware of before considering investment.