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.
John B. Sanfilippo & Son, Inc. (JBSS), a leading nut processor and snack producer behind brands like Fisher® and Orchard Valley Harvest®, provides investors and industry stakeholders with critical updates through this dedicated news hub. Track official press releases, financial disclosures, and strategic developments from the company renowned for its vertically integrated operations and consumer-focused innovation.
This resource consolidates JBSS's latest earnings reports, product launches, supply chain initiatives, and leadership announcements. Users gain streamlined access to verified information on operational milestones, sustainability efforts, and market expansions within the snack food sector. Content types include quarterly financial results, manufacturing updates, retail partnership announcements, and industry recognition.
Bookmark this page for direct access to primary-source updates from JBSS, ensuring you remain informed on material developments affecting one of the snack industry's most established publicly traded entities. Check regularly for real-time insights into the company's performance and strategic direction.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) declared a special cash dividend of $1.50 per share and an annual cash dividend of $0.75 per share, totaling approximately $26.0 million. The dividends will be paid on August 31, 2022, to stockholders of record by August 12, 2022. CEO Jeffrey T. Sanfilippo cited strong financial performance in fiscal 2022's first three quarters as the rationale behind the special dividend and a $0.05 increase in the annual dividend. This move is aimed at enhancing long-term stockholder value through responsible cash utilization.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) announced that management will present at the East Coast IDEAS Investor Conference on June 22, 2022. The presentation will be available at 6:00 am ET and can be accessed via the conference website: www.IDEASconferences.com. Interested investors can register for the webcast or schedule meetings through Three Part Advisors.
The IDEAS Investor Conferences aim to give quality companies a platform to present to influential investment professionals.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) reported a 5.1% increase in net sales, reaching $218.6 million for Q3 FY2022. However, net income dropped 19.2% to $11.9 million compared to the previous year. The sales increase was driven by an 8.1% rise in average selling prices, although sales volume fell by 2.8%. Higher commodity and operational costs, particularly for tree nuts and peanuts, negatively impacted profits, resulting in a 14.4% decrease in gross profit margin. Despite challenges, the company anticipates future earnings growth from strategic investments.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) will hold its quarterly conference call on April 28, 2022, at 11:00 a.m. ET to discuss third quarter fiscal 2022 results, releasing results after market close on April 27, 2022. The call can be accessed via dial-in numbers (U.S.: 1-866-374-5140, International: 1-404-400-0571) using passcode 99610441#. The company is a key player in processing and distributing snack and recipe nut products, marketed under multiple brands including Fisher® and Squirrel Brand®.
John B. Sanfilippo & Son, Inc. (Nasdaq: JBSS) announced the retention of Three Part Advisors, LLC to enhance its investor communications and outreach initiatives. The firm specializes in investor relations consulting and has a successful history of assisting public companies in improving trading liquidity and visibility. CFO Frank Pellegrino emphasized the importance of effective communication with the investment community, while Three Part Advisors aims to broaden JBSS's investor base and highlight its strong financial performance and shareholder returns.
John B. Sanfilippo & Son (Nasdaq: JBSS) reported solid quarterly results despite challenges. Net sales rose 8.4% to $253.2 million while net income fell 33.4% to $13.2 million. Sales volume increased by 6%, with significant gains in snack mixes and commercial ingredients. Gross profit decreased by 1.1% due to supply chain issues and inflation. Operating expenses surged by $9.0 million, driving profitability pressures. The company plans to implement pricing actions to mitigate inflationary costs and has seen a recovery in sales volume across distribution channels, particularly in foodservice.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) will hold its quarterly conference call to discuss second quarter fiscal 2022 operating results on January 28, 2022, at 10:00 a.m. ET. The results will be released after market close on January 27, 2022. Interested parties can join the call by dialing 1-844-536-5471 (U.S.) or 1-614-999-9317 (international) with passcode 4284207. The call will also be available via webcast on the company’s website, which markets various nut and dried fruit products under brands like Fisher® and Squirrel Brand®.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) reported strong first-quarter results for fiscal 2022, with net sales increasing 7.6% to $226.3 million and net income rising 50.2% to $19.2 million. This growth was driven by a 14.0% increase in sales volume, particularly in private brand offerings. Gross profit also improved, rising 31.7% to $51.8 million, as commodity costs decreased for most tree nuts. However, total operating expenses increased, reflecting higher freight and labor costs. The company anticipates further increases in raw material costs and is implementing pricing actions to mitigate these expenses.
John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) is scheduled to hold its quarterly conference call on October 26, 2021, at 10:00 a.m. ET, to discuss its first quarter fiscal 2022 operating results. The results will be released after the market closes on October 25, 2021. Interested parties can join the call by dialing 1-844-536-5471 (U.S.) or 1-614-999-9317 (international), using participant passcode 6682639. The conference call will also be accessible via webcast on the company’s website.
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