Trade John B Sanfilippo & Son Inc - JBSS CFD

John B Sanfilippo&Son Company profile

About John B. Sanfilippo & Son, Inc.

John B. Sanfilippo & Son, Inc. is a processors and distributors of peanuts, pecans, cashews, walnuts, almonds, and other nuts. These nuts are sold under its Fisher, Orchard Valley Harvest, Squirrel Brand, Southern Style Nuts and Sunshine Country brand names and under a range of private brands. The Company also markets and distributes a diverse product line of food and snack products, including snack mixes, salad toppings, snacks, snack bites, trail mixes, dried fruit and chocolate and yogurt coated products under its brand names and under private brands. The Company’s principal products are raw and processed nuts. The nut product line includes almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts and filberts. Its products are sold through approximately three primary distribution channels, including food retailers in the consumer channel, commercial ingredient users and contract packaging customers.

Financial summary

BRIEF: For the 26 weeks ended 23 December 2021, John B. Sanfilippo & Son, Inc. revenues increased 8% to $479.5M. Net income decreased 1% to $32.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Selling expenses increase of 39% to $41.3M (expense), Administrative expenses - Balancing increase of 27% to $18.5M (expense).

Equity composition

Common $.01 Par, 04/11, 17M auth., 8,182,580 issd., less 117,900 shs. in Treas. @ $1.2M. Insiders own 0.95%. Cl. A Common $.01 Par, 10M auth., 2,597,426 issd. IPO 12/91, 2M shs. @ $12 by DLJ. PO 3/04, 2M shs., (1M by Co.) @ $35.75 by Adams, Harkness & Hill Inc. PO 4/93, 2.5M shs.,(2M by Co.) @ $14.25 by DLJ.