John B. Sanfilippo & Son to Seek Acquisition Opportunities
August 24, 2023 at 10:00 am EDT
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John B. Sanfilippo & Son, Inc. (NasdaqGS:JBSS) will look for acquisition opportunities. During the company?s fourth quarter and full year 2023 operating results conference call, Jeffrey Sanfilippo, Chief Executive Officer said that ?Looking ahead to fiscal 2024, we are focused on accelerating our volume growth by capitalizing on the success of our private brand nutrition bars, also strategically investing in our brands partnering with our key private brand customers and exploring strategic acquisition opportunities?.
John B. Sanfilippo & Son, Inc. is a processor and distributor of peanuts, pecans, cashews, walnuts, almonds and other nuts in the United States. Its nuts are sold under its Fisher, Orchard Valley Harvest, Squirrel Brand and Southern Style Nuts brand names and under a variety of private brands. It also markets and distributes a diverse product line of food and snack products, including peanut butter, almond butter, cashew butter, candy and confections, snack and trail mixes, nutrition bars, snack bites, sunflower kernels, dried fruit, corn snacks, chickpea snacks, sesame sticks and other sesame snack products under its brand names and under private brands. Its 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 food retailers in the consumer channel, commercial ingredient users and contract packaging customers.
JOHN B. SANFILIPPO & SON, INC. 
