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John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) is a prominent player in the snack food industry, renowned internationally for its Fisher® brand. Established in 1922 and based in Elgin, Illinois, the company has evolved into a major processor, packager, marketer, and distributor of a variety of nut and snack products. The extensive product line includes peanuts, pecans, cashews, walnuts, almonds, and other nuts, along with peanut butter, almond butter, cashew butter, candy, confections, snacks, trail mixes, dried fruit, corn snacks, sesame sticks, and other snack items.
John B. Sanfilippo & Son markets its products under its well-known brand names Fisher®, Orchard Valley Harvest®, Squirrel Brand®, Southern Style Nuts®, and Just the Cheese®, as well as numerous private labels. The company operates five facilities across the United States and employs over 1,300 individuals, driving annual sales that exceed $700 million.
The company’s unique corporate culture blends a family-based atmosphere with the dynamics of a publicly traded entity, fostering an environment where innovation and traditional values coexist. John B. Sanfilippo & Son, Inc. continues to expand its sales and operations to better serve its national customer base.
Recent highlights include the launch of bold creative campaigns and rebranding efforts, particularly for its Orchard Valley Harvest line. The latest initiative, Say No to No Nut November, reflects the brand's commitment to engaging consumers with playful yet impactful marketing while supporting charitable causes. The campaign encourages consumers to enjoy nut products and supports food security initiatives.
John B. Sanfilippo & Son also maintains transparency and accessibility for its stakeholders through various communication platforms. Financial calls and updates are accessible via the company’s official website, ensuring stakeholders are well-informed about the latest developments.
With a century-long legacy and a forward-thinking approach, John B. Sanfilippo & Son, Inc. continues to thrive as a leader in the snack food industry, dedicated to delivering high-quality products that cater to diverse consumer needs.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS), a leading processor and distributor of snack and recipe nut products, has announced its quarterly conference call to discuss third quarter fiscal 2023 results. This call is scheduled for May 3, 2023, at 10:00 a.m. Eastern Time, following the release of results on May 2, 2023, after market close. Investors can register for the call through the provided link and access the webcast on the company’s website. JBSS markets a variety of nut and dried fruit-based products under brands such as Fisher®, Orchard Valley Harvest®, Squirrel Brand®, and Just the Cheese®.
John B. Sanfilippo & Son reported a strong fiscal 2023 second quarter, with net sales increasing 8.3% to $274.3 million and diluted EPS rising 27.2% to $1.45 per share. Despite a 3.8% decline in sales volume, the company saw higher profits driven by successful pricing strategies and cost control measures. Gross profit grew 8.2% to $56.5 million. Notably, a $1.00 per share special dividend was declared, and the acquisition of the Just the Cheese brand aims to diversify product offerings. The CEO expressed optimism for future results amid stabilizing supply chains and a focus on long-term shareholder value.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) announces its quarterly conference call scheduled for February 2, 2023, at 10:00 a.m. ET to discuss second-quarter fiscal year 2023 operating results. The results will be released after market close on February 1, 2023. The conference call can be accessed by registering through a provided link, and attendees will receive a unique PIN for dial-in. The company, based in Elgin, Illinois, specializes in processing, packaging, and distributing nut and dried fruit products, offering various private brands alongside its own, including Fisher® and Orchard Valley Harvest®.
John B. Sanfilippo & Son (NASDAQ: JBSS) has acquired substantially all assets of the Just the Cheese brand from Specialty Cheese Company, Inc. This strategic move, funded through existing bank credit, aims to expand JBSS's presence in the $100 million baked cheese snack category. Just the Cheese is known for its 100% real cheese snack bars and crisps available in various flavors. Although the acquisition is not expected to significantly impact financial results initially, it presents opportunities for innovation and portfolio diversification.
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