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John Bnfilippo & Son (John Bnfilippo & Son) Gross Margin % : 19.90% (As of Dec. 2023)


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What is John Bnfilippo & Son Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. John Bnfilippo & Son's Gross Profit for the three months ended in Dec. 2023 was $57.9 Mil. John Bnfilippo & Son's Revenue for the three months ended in Dec. 2023 was $291.2 Mil. Therefore, John Bnfilippo & Son's Gross Margin % for the quarter that ended in Dec. 2023 was 19.90%.


The historical rank and industry rank for John Bnfilippo & Son's Gross Margin % or its related term are showing as below:

JBSS' s Gross Margin % Range Over the Past 10 Years
Min: 14.44   Med: 17.41   Max: 21.99
Current: 21.99


During the past 13 years, the highest Gross Margin % of John Bnfilippo & Son was 21.99%. The lowest was 14.44%. And the median was 17.41%.

JBSS's Gross Margin % is ranked worse than
57.1% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.04 vs JBSS: 21.99

John Bnfilippo & Son had a gross margin of 19.90% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for John Bnfilippo & Son was 6.00% per year.


John Bnfilippo & Son Gross Margin % Historical Data

The historical data trend for John Bnfilippo & Son's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

John Bnfilippo & Son Gross Margin % Chart

John Bnfilippo & Son Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.06 19.97 21.55 20.88 21.17

John Bnfilippo & Son Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.60 20.86 23.36 24.36 19.90

Competitive Comparison of John Bnfilippo & Son's Gross Margin %

For the Packaged Foods subindustry, John Bnfilippo & Son's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


John Bnfilippo & Son's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, John Bnfilippo & Son's Gross Margin % distribution charts can be found below:

* The bar in red indicates where John Bnfilippo & Son's Gross Margin % falls into.



John Bnfilippo & Son Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

John Bnfilippo & Son's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=211.6 / 999.686
=(Revenue - Cost of Goods Sold) / Revenue
=(999.686 - 788.055) / 999.686
=21.17 %

John Bnfilippo & Son's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=57.9 / 291.222
=(Revenue - Cost of Goods Sold) / Revenue
=(291.222 - 233.283) / 291.222
=19.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


John Bnfilippo & Son  (NAS:JBSS) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

John Bnfilippo & Son had a gross margin of 19.90% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


John Bnfilippo & Son Gross Margin % Related Terms

Thank you for viewing the detailed overview of John Bnfilippo & Son's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


John Bnfilippo & Son (John Bnfilippo & Son) Business Description

Traded in Other Exchanges
Address
1703 North Randall Road, Elgin, IL, USA, 60123
John B Sanfilippo & Son Inc is one of the processors and distributors of peanuts, pecans, cashews, walnuts, almonds, and other nuts in the United States. These nuts are sold under a variety of private brands and under the Fisher, Orchard Valley Harvest, and Sunshine Country brand names. It also market and distribute, and in the majority of cases, manufacture or process, a diverse product line of food and snack products, including peanut butter, almond butter, cashew butter, candy and confections, snacks and trail mixes, snack bites, sunflower kernels, dried fruit, corn snacks, sesame sticks and other sesame snack products under private brands and brand names.
Executives
Jeffrey T Sanfilippo director, officer: Exec VP Sales & Marketing 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
James J Sanfilippo other: Member of 13(d) Group 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Ellen Taaffe director 1703 N. RANDALL ROAD, ELGIN IL 60123
Sanfilippo Jasper Brian Jr officer: Exec VP, Assist. Secretary 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Lisa Evon other: Member of 13(d) Group 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
John E Sanfilippo other: Member of 13(d) Group 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Michael J Finn officer: VP, Corporate Controller 1703 N RANDALL ROAD, ELGIN IL 60123-7820
Gina M Lakatos officer: VP, General Counsel, Secretary 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Julia A Pronitcheva officer: SVP Human Resources 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Mercedes Romero director 4221 WEST BOY SCOUT BOULEVARD, TAMPA FL 33607
Pamela Forbes Lieberman director 3400 N.WOLF ROAD, FRANKLIN PARK IL 60131
Daniel M Wright director 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Mathias A Valentine director, officer: President 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Howard Brandeisky officer: VP, Global Marketing 1703 N. RANDALL ROAD, ELGIN IL 60123
Timothy R Donovan director 1703 N. RANDALL ROAD, ELGIN IL 60123