Sanfilippo John B & Son (JBSS) risk factors, FY2025 10-K

Sanfilippo John B & Son's FY2025 10-K, filed Aug 20, 2025, lists 21 risk factors in 4 groups. There is no earlier 10-K to compare against, so the most company-specific risks are listed below.

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Risk factors listed
214 groups
Section length
8k wordsItem 1A

Sanfilippo John B & Son's biggest risks in the FY2025 10-K

  • Risks 0, 7, 10, 13 and 16 center on volatile nut supplies, climate events, costs, facilities and international sourcing.
  • Risk 12 highlights concentration: five customers generated 67% of fiscal 2025 net sales.
  • Risks 2, 4 and 5 emphasize private-brand bidding, retailer pricing pressure and food-safety concerns.

The risks most specific to Sanfilippo John B & Son

  • Industry Risks

    We Have Limited Ability to Control the Availability or Cost of Raw Materials and this May Have a Material Adverse Effect on Our Results of Operations, Cash Flows and Financial Condition

    Crop yields and availability can raise the cost or limit supplies of peanuts, pecans, almonds, cashews, walnuts, oils and other ingredients.

  • Industry Risks

    Significant Private Brand Competitive Activity Could Materially and Adversely Affect Our Sales and as a Result Our Financial Condition and Results of Operations

    Large private-brand customers award products through bidding, potentially excluding JBSS until the next bid and reducing sales.

  • Industry Risks

    We are Subject to Customer Pricing Pressures and Retail Consolidation Trends Which Could Materially and Adversely Affect Our Financial Condition and Results of Operations

    Retail consolidation and customers’ greater purchasing power, including AI-driven buying, are increasing demands for lower prices and promotional discounts.

  • Industry Risks

    Food Safety, Allergy and Product Contamination Concerns Could Have a Material Adverse Effect on Our Financial Condition and Results of Operations

    Loss of consumer confidence in nut and bar safety, especially peanut and tree-nut allergens, illness, ingredients or packaging could damage results.

  • Industry Risks

    Increased Production, Materials, Transportation and Insurance Costs Could Materially and Adversely Affect Our Financial Condition and Results of Operations

    Transportation, fuel, materials, insurance and other production costs can increase, including from shipping demand and driver shortages.

  • Industry Risks

    Technology Disruptions, Failures or Breaches, Hacking Activity, Ransomware Attacks or Other Cybersecurity Events Could Materially and Adversely Affect Our Financial Condition and Results of Operations

    Technology failures, ransomware, hacking or other breaches could disrupt communications, logistics, inventory control, reporting and other operations.

  • Business Risks

    We are Dependent Upon Certain Significant Customers Which Could Materially and Adversely Affect Our Financial Condition, Cash Flows and Results of Operations

    The five largest customers represented approximately 67% of fiscal 2025 net sales, making lost business or reduced orders especially significant.

  • Business Risks

    Our Products are Processed at a Limited Number of Production Facilities and any Significant Disruption at any of Our Production Facilities or Disruption with a Third-Party Supplier Could Have a Material Adverse Effect on Our Financial Condition and Results of Operations

    Some shelling, processing and packaging activities, including peanuts, walnuts, pecans and bars, occur at only one facility.

  • Regulatory and Legal Risks

    Operational, Legal, Economic, Political and Social Risks of Doing Business in International Markets and Other Foreign Countries May Have a Material Adverse Effect on Our Results of Operations

    About 28% of fiscal 2025 nut and dried-fruit purchases came from abroad, including cashews from Vietnam and West Africa and ingredients from Ukraine.

  • Financial Risks

    The Way in Which We Measure Inventory May Have a Material Adverse Effect on Our Results of Operations

    Large harvest-time purchases of inshell pecans, peanuts and walnuts make results sensitive to inventory measurement and seasonal acquisition timing.

All 21 risk factors

Headings as the filing states them, in filing order.

Industry Risks

  1. 01We Have Limited Ability to Control the Availability or Cost of Raw Materials and this May Have a Material Adverse Effect on Our Results of Operations, Cash Flows and Financial Condition
  2. 02We Operate in a Competitive Environment Which Could Materially and Adversely Affect our Financial Condition and Results of Operations
  3. 03Significant Private Brand Competitive Activity Could Materially and Adversely Affect Our Sales and as a Result Our Financial Condition and Results of Operations
  4. 04Changing Consumer Preferences and Demand Could Materially and Adversely Affect Our Financial Condition and Results of Operations
  5. 05We are Subject to Customer Pricing Pressures and Retail Consolidation Trends Which Could Materially and Adversely Affect Our Financial Condition and Results of Operations
  6. 06Food Safety, Allergy and Product Contamination Concerns Could Have a Material Adverse Effect on Our Financial Condition and Results of Operations
  7. 07Product Liability, Product Recalls, Product Labeling and Product Advertising Claims May Have a Material Adverse Effect on Our Results of Operations and Cash Flows
  8. 08Increased Production, Materials, Transportation and Insurance Costs Could Materially and Adversely Affect Our Financial Condition and Results of Operations
  9. 09Technology Disruptions, Failures or Breaches, Hacking Activity, Ransomware Attacks or Other Cybersecurity Events Could Materially and Adversely Affect Our Financial Condition and Results of Operations
  10. 10Increases in Labor Costs or Work Stoppages, Strikes or Other Labor Events Could Materially and Adversely Affect Our Financial Condition and Results of Operations
  11. 11The Impact of Changing Climate Patterns Could Materially and Adversely Affect Our Financial Condition and Results of Operation

Business Risks

  1. 12Negative Perception About Our Company, Our Values and Practices or our Branded or Private Brand Products Could Have a Material Adverse Effect on Our Financial Condition and Results of Operations
  2. 13We are Dependent Upon Certain Significant Customers Which Could Materially and Adversely Affect Our Financial Condition, Cash Flows and Results of Operations
  3. 14Our Products are Processed at a Limited Number of Production Facilities and any Significant Disruption at any of Our Production Facilities or Disruption with a Third-Party Supplier Could Have a Material Adverse Effect on Our Financial Condition and Results of Operations
  4. 15Inability to Identify, Manage and Integrate Acquisitions and Joint Ventures Could Materially and Adversely Affect Our Financial Condition and Results of Operations

Regulatory and Legal Risks

  1. 16We are Subject to Government Regulation Which Could Materially and Adversely Affect Our Results of Operations
  2. 17Operational, Legal, Economic, Political and Social Risks of Doing Business in International Markets and Other Foreign Countries May Have a Material Adverse Effect on Our Results of Operations
  3. 18Litigation Could Materially and Adversely Affect Our Financial Condition and Results of Operations
  4. 19Inability to Protect Our Intellectual Property or Avoid Intellectual Property Disputes Could Materially and Adversely Affect Our Financial Condition and Results of Operations

Financial Risks

  1. 20Certain of Our Stockholders Possess a Majority of Aggregate Voting Power in the Company and Stockholders within The Sanfilippo Group Have Pledged Shares of their Class A Stock, Which May Make a Takeover or Change in Control More or Less Difficult and Could Materially and Adversely Affect Our Financial Condition and Results of Operations
  2. 21The Way in Which We Measure Inventory May Have a Material Adverse Effect on Our Results of Operations

Other Sanfilippo John B & Son 10-Ks

  • FY2026 10-K risk factors
    21 risks1 new1 dropped4 reworded

    Legal exposure broadened to investigations, regulatory actions, uncertain losses, and customer indemnification obligations.

    Filed Aug 19, 2026

About this page

The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.