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John B. Sanfilippo & Son - JBSS STOCK NEWS

Welcome to our dedicated page for John B. Sanfilippo & Son news (Ticker: JBSS), a resource for investors and traders seeking the latest updates and insights on John B. Sanfilippo & Son stock.

Overview

John B. Sanfilippo & Son, Inc (JBSS) stands as a reputable processor, packager, and marketer in the snack food industry, recognized internationally under its well-known Fisher® brand alongside other distinct names. With extensive operations in nut processing and snack food innovation, the company has built a reputation over decades, blending a family-based heritage that dates back to 1922 with the robust, transparent mechanisms of a publicly traded organization.

Core Business Operations

The company is fundamentally involved in the sourcing, processing, and distribution of a diverse range of nut products and snack items. Its operations include careful selection and processing of peanuts, pecans, cashews, walnuts, almonds, and other popular nut varieties. These products are not only available under public-facing brand names such as Fisher®, Orchard Valley Harvest®, Squirrel Brand®, Southern Style Nuts®, and Just the Cheese®, but also through various private label arrangements that broaden its market reach. The integrated nature of its supply chain ensures quality and consistency throughout the manufacturing, packaging, and distribution stages.

Brand Portfolio and Product Categories

Under its robust brand portfolio, JBSS offers an extensive range of snack and nut products. The company markets products spanning multiple categories including:

  • Nut Snacks: Traditional roasted and flavored nut assortments catering to diverse consumer tastes.
  • Butters: A variety of nut and seed butters, including peanut butter and almond butter, designed for both on-the-go and culinary uses.
  • Confections and Candy: Snack candies and confections that incorporate nuts and dried fruits, appealing to both children and adults.
  • Savory Snacks: Items such as corn snacks, sesame sticks, and trail mixes that combine health, flavor, and convenience.
  • Dried Fruits and Specialty Items: Products that complement the traditional nut offerings, enhancing the overall snack portfolio.

This diversified product offering underlines the company's commitment to meeting varied consumer preferences while also appealing to a broad spectrum of market segments.

Market Position and Competitive Landscape

In the competitive world of snack food production, JBSS carves a niche through its combination of legacy, innovation, and versatility. Its history of family influence complemented by a modern, publicly traded structure lends it a unique position among competitors. The company capitalizes on its integrated processing capabilities to ensure product quality, reduce operational inefficiencies, and respond effectively to evolving market trends. Competitors in the snack and nut food space may offer similar product lines; however, JBSS differentiates itself through its longstanding heritage, consistent product quality, and extensive network of distribution. This balanced approach supports both large-scale retailers and specialized private labels, making it adaptable to various commercial environments.

Business Model and Operational Excellence

JBSS operates on a business model that integrates processing and distribution with strategic marketing across multiple channels. The company generates revenue by combining in-house manufacturing with contract-based production and co-branding initiatives. This diversified approach allows it to stabilize revenue streams even in fluctuating market conditions. Moreover, its vertically integrated supply chain minimizes downtime and quality discrepancies, ensuring that every product from the raw nut to the packaged snack meets rigorous industry standards. By leveraging a blend of traditional methods and modern technology in packaging and processing, JBSS adheres to the highest levels of operational excellence.

Industry Context and Strategic Differentiators

Operating within the highly competitive snack food industry, JBSS continually adapts to consumer trends and evolving preferences. The industry itself has seen consistent demand for healthier snack alternatives, leading to an increased emphasis on natural ingredients and minimal processing techniques. JBSS incorporates these trends by ensuring that its products are made using time-honored methods combined with modern quality control practices. This approach not only preserves the inherent flavor and nutritional value of the nuts but also addresses consumer demands for integrity in food manufacturing. Additionally, its emphasis on innovation in flavor development and product packaging further solidifies its standing in the market.

Corporate Structure and Legacy

With roots that extend back to the early 20th century, the company embodies a unique synthesis of a family-oriented culture and the regulatory transparency typical of publicly traded entities. This blend provides both stability and robustness in its operations, positioning it well amidst a landscape that values accountability and heritage. The company promotes a work environment that emphasizes quality, community, and long-term sustainability of its product lines. Such an establishment of corporate culture not only nurtures employee expertise but also ingrains a shared sense of pride in delivering consistent, high-quality products.

Commitment to Quality and Operational Integrity

At the heart of JBSS's operational strategy lies an uncompromising commitment to quality. Every stage of production—from sourcing high-grade raw materials to employing meticulous packaging processes—is designed to uphold the integrity of the products. This dedication to quality is reflected in the company's methodical approach to manufacturing, rigorous quality control systems, and continuous process improvements. The firm continually leverages industry-specific technological advancements in processing and packaging to ensure that every product not only meets but exceeds rigorous industry benchmarks.

Understanding the Value Proposition

The dual strength of a rich heritage combined with modern production capabilities gives JBSS its distinctive market presence. The company offers reliability, consistency, and a broad product range that appeals to both everyday consumers and specialized markets. Its strategic position is reinforced by its deep understanding of industry trends, operational challenges, and consumer behavior patterns. This rigorous approach fosters trust and establishes the company as an informed, reliable player in the competitive snack food domain.

Customer Focus and Market Adaptability

JBSS engages with a diverse customer base, ranging from large retail chains to niche private label partnerships. The company’s adaptability to various market segments is demonstrated through its agile production processes and flexible distribution channels. By actively monitoring market trends and consumer feedback, JBSS ensures that its product offerings are continually refined to suit evolving tastes and nutritional demands. Internally, cross-functional teams collaborate to innovate and streamline operations, thereby delivering products that conform to both traditional quality standards and modern dietary preferences.

Integration of Traditional Practices and Modern Technology

Throughout its operations, JBSS balances the preservation of traditional culinary practices with the adoption of cutting-edge processing technology. This synergy facilitates a consistent level of quality and a broad spectrum of product offerings. Advanced quality control protocols and modern automation in packaging help sustain the reliability of its legacy products while also pioneering new methods in snack production. This blend is a key differentiator that supports its competitive edge in an industry where both authenticity and innovation are highly valued.

Conclusion

In summary, John B. Sanfilippo & Son, Inc. exemplifies a unique integration of family heritage and modern operational efficiency. Its broad product portfolio, encompassing a range of nuts and snack items marketed under established brand names, positions it as a trusted entity in the snack food industry. With an emphasis on quality, operational integrity, and strategic distribution, the company continues to uphold its reputation as a dependable processor and distributor in a dynamic market landscape.

Rhea-AI Summary
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) will host a conference call to discuss its third quarter fiscal year 2024 operating results on May 2, 2024. The company is a prominent processor and distributor of snack and recipe nut products, with various brand names under its umbrella.
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John B. Sanfilippo & Son, Inc (JBSS) issues a voluntary recall of 8.25 oz Great Value Honey Roasted Cashews due to undeclared coconut and milk, posing a risk to those with allergies. The affected product was distributed in select Walmart stores across multiple states. No adverse reactions reported so far.
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John B. Sanfilippo & Son, Inc. (JBSS) reported a 13.1% increase in diluted EPS to $1.64 per share and an 11.8% increase in sales volume, driven by the Lakeville Acquisition. However, net sales excluding the acquisition decreased by 4.3%. The gross profit margin decreased to 19.9% of net sales from 20.6% due to the Lakeville Acquisition. Operating expenses decreased by $1.7 million, but the value of total inventories on hand increased by $24.3 million. For the six-month period, net sales decreased by 0.3% to $525.3 million, and diluted EPS increased by 12.9% to $3.15 per share.
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John B. Sanfilippo & Son, Inc. (JBSS) will hold a quarterly conference call to discuss its second quarter fiscal year 2024 operating results. The call is scheduled for February 1, 2024, at 10:00 a.m. Eastern Time. The second quarter fiscal 2024 results are expected to be released after the market closes on January 31, 2024. The company is a major processor and distributor of nut and dried fruit-based products, snack bars, and dried cheese, sold under various brand names.
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Nut brand Orchard Valley Harvest is launching a new creative campaign to counter the viral phenomenon of 'No Nut November'. Consumers can pledge to 'nut loud and proud this November' and get reimbursed for their nut purchases. The brand will reimburse up to $20,000 in consumer nut purchases. The campaign aims to spark conversation and raise money to fight food insecurity.
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John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) reported a 12.7% increase in diluted EPS to $1.51 per share for its fiscal 2024 first quarter. Net sales decreased 7.3% to $234.1 million, while sales volume also decreased 7.3% to 73.2 million pounds. Gross profit increased 12.6% to $57.0 million.
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John B. Sanfilippo & Son, Inc. to hold quarterly conference call to discuss Q1 fiscal year 2024 operating results
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TreeHouse Foods completes sale of Lakeville manufacturing facility and snack bars business to John B. Sanfilippo & Son for $61 million in cash.
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John B. Sanfilippo & Son, Inc. completes acquisition of assets from TreeHouse Foods, Inc. for $61.3 million in cash, including $37.3 million of inventory. The acquisition accelerates product diversification strategy and allows for a complete offering of snack bars. Borrowings under credit facility funded the purchase.
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John B. Sanfilippo & Son, Inc. is set to acquire certain assets from Treehouse Foods, Inc. for $63.0 million in cash. The acquisition will expand the company's capabilities and product offerings in the snack bar category. It is expected to add approximately $105 to $120 million in incremental net sales during the remainder of the 2024 fiscal year. However, the acquisition is anticipated to be dilutive to earnings per share for the next twelve to fifteen months after closing, with an expected dilution range of $0.80 to $1.00 per diluted share.
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FAQ

What is the current stock price of John B. Sanfilippo & Son (JBSS)?

The current stock price of John B. Sanfilippo & Son (JBSS) is $68.45 as of April 18, 2025.

What is the market cap of John B. Sanfilippo & Son (JBSS)?

The market cap of John B. Sanfilippo & Son (JBSS) is approximately 783.7M.

What is the core business of John B. Sanfilippo & Son, Inc?

The company is primarily engaged in processing, packaging, and marketing a variety of nut and snack products. It distributes these items under renowned brands as well as private labels.

Which product categories does JBSS operate in?

JBSS offers a broad range of products including roasted nuts, nut butters, snack candies, trail mixes, and other healthy snack options designed to cater to diverse consumer tastes.

How does the company ensure product quality?

Quality is maintained through an integrated processing system that combines traditional methods with modern technology, ensuring consistent quality from raw material sourcing to final packaging.

What differentiates JBSS from its competitors?

JBSS distinguishes itself through its rich family heritage, diverse brand portfolio, and vertically integrated operations that enable superior quality control and market adaptability.

In what ways does JBSS generate revenue?

Revenue is generated through a mix of direct sales, private label partnerships, and widespread distribution of its products across both large-scale retail and specialized market segments.

What is the significance of the Fisher® brand to the company?

The Fisher® brand is a cornerstone of JBSS’s identity, representing quality and reliability. It is one of several industry-recognized brands that help the company maintain its market presence.

How does the company manage its legacy and public structure?

JBSS combines a long-standing family-based culture with the operational transparency and governance of a publicly traded entity, ensuring both tradition and accountability in its business practices.

What role does innovation play in JBSS's operations?

Innovation is key to maintaining high standards in production and packaging. The company continuously adapts by implementing modern technology alongside time-tested practices to meet evolving market demands.
John B. Sanfilippo & Son

Nasdaq:JBSS

JBSS Rankings

JBSS Stock Data

783.71M
7.65M
1.56%
93.29%
0.89%
Packaged Foods
Sugar & Confectionery Products
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United States
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