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John B. Sanfilippo & Son JBSS Goodwill impairment

Goodwill impairment at other companies

Conagra Brands logo
Conagra BrandsCAG
$1.61B
Universal Corporation logo
Universal CorporationUVV
$10.27M

Other financials

Income statement

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Revenue$281.8M+8.0%
Gross profit$53.8M-3.8%
Operating income$23.8M-15.6%
Net income$16.8M-16.4%
EPS (diluted)$1.43-16.9%

Balance sheet

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Cash & equivalents$1.3M-0.3%
Total debt$71.6M+96.8%
Total equity$387.6M+11.8%
Total assets$650.7M+10.3%

Cash flow

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Operating cash flow$197.0K+101%
CapEx$21.7M+85.5%
Free cash flow$40.0M+1,602%

Valuation

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Market cap$972.11M+34.2%
Enterprise value$1.04B+35.7%
P/E14.5×+2.2×
P/S0.8×+0.2×

Profitability

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Gross margin18.5%+0.1pp
Operating margin8.3%+1.2pp
Net margin5.8%+0.8pp
FCF margin-1.7%-11.1pp

Returns & leverage

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Return on equity18.3%+1.7pp
Debt / equity0.2×+0.1×
Current ratio2.3×+0.3×

Where this comes from

Reported directly by John B. Sanfilippo & Son in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: John B. Sanfilippo & Son’s 10-K, filed August 20, 2025.

Filed
Aug 20, 2025
Fiscal year
FY2025
Accession
0000950170-25-110463

Goodwill is not amortized, but is tested annually as of the last day of each fiscal year for impairment, or whenever events or changes in circumstances indicate it is more likely than not that the carrying amount of the reporting unit is greater than its fair value. A significant amount of judgment is involved in determining if an indicator of impairment has occurred. Such indicators may include deterioration in general economic conditions, adverse changes in the markets in which we operate, increases in input costs that have negative effects on earnings and cash flows, or a trend of negative or declining cash flows over multiple periods, among others. The fair value that could be realized in an actual transaction may differ from that used to evaluate the impairment of goodwill.

Item 8 — Financial Statements and Supplementary Data

FAQ

What is John B. Sanfilippo & Son's goodwill impairment?
John B. Sanfilippo & Son (JBSS) reported goodwill impairment of $0 in Q2 2025.
How has John B. Sanfilippo & Son's goodwill impairment changed year-over-year?
John B. Sanfilippo & Son's goodwill impairment decreased by 100.0% year-over-year, from $8.77M to $0.
What does goodwill impairment mean?
Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.

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