John B. Sanfilippo & Son, Inc Issues Allergy Alert on Undeclared Coconut and Milk in Great Value Honey Roasted Cashews 8.25 Oz
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Insights
The voluntary recall by John B. Sanfilippo & Son, Inc. of a specific product due to undeclared allergens represents a significant compliance issue within the food industry. Food recalls, especially those related to allergens, are critical because they directly affect consumer safety. The presence of undeclared coconut and milk could lead to serious health risks for individuals with allergies. From a regulatory standpoint, the recall complies with the FDA's Food Allergen Labeling and Consumer Protection Act (FALCPA), which mandates the disclosure of major food allergens on packaging.
Recalls can impact a company's financial stability due to the costs associated with the recall process, potential loss of sales and damage to brand reputation. The scope of distribution, including multiple states and online sales through Walmart.com, suggests a broad impact that could lead to significant logistical challenges and financial implications for the company.
In the context of brand equity and consumer trust, this product recall by John B. Sanfilippo & Son, Inc. could have a detrimental effect on the Great Value brand, which is associated with Walmart. Brand loyalty can be significantly undermined by such incidents, as consumer safety concerns may lead to hesitation in future purchases. Proactive communication and effective crisis management are essential in mitigating negative consumer perception. The company's offer for a full refund and the provision of a customer contact point for inquiries are steps towards maintaining transparency and rebuilding consumer trust.
From a market perspective, the recall's impact on John B. Sanfilippo & Son, Inc.'s stock performance depends on the scale of the recall and the company's ability to manage the associated costs. While no adverse reactions have been reported, the potential for negative publicity could affect investor sentiment. Additionally, the company's swift action to initiate a voluntary recall could be viewed favorably by the market as a demonstration of the company's commitment to consumer safety and quality control. However, investors will be closely monitoring the company's next quarterly financial results for any signs of recall-related expenses or sales declines.
Potential affected products include the following details:
- Description: Great Value Honey Roasted Cashews
- Best if used by Jul 08 2025 GH2 (located on the bottom of the plastic can)
- 8.25 oz plastic can with a blue wrap around label
- UPC: 078742133348
No adverse reactions have been reported to date.
Product was distributed in select Walmart stores within the following states:
(AL, AR, CA, CO, CT, FL, GA, HI, IL, IN, KS, KY, LA, MA, MO, MS, NC, NE, NJ, NM, NV, NY, OH, OK, PA, SC, TN, TX, VT, WV) and via Walmart.com.
The recall was initiated after a consumer report of finding coconut cashews within a container labeled as honey roasted cashews. An investigation identified that a limited number of incorrect honey roasted cashew labels were applied to the plastic cans of coconut cashews during the manufacturing process.
If this product is still in your possession, do not consume it. Please discard the product or return the product to a Walmart store for a full refund.
Consumers with questions may contact John B. Sanfilippo & Son, Inc. at 1-800-874-8734 Monday – Friday, 8:00am – 5:00pm CDT, or via email at info@jbssinc.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240312951437/en/
Frank Pellegrino, CFO (847) 214-4138
Source: John B. Sanfilippo & Son, Inc
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