John B. Sanfilippo & Son, Inc. (NasdaqGS:JBSS) will look for acquisitions. Jeffrey Sanfilippo, Chief Executive Officer said, “A few highlights I will mention, we will continue to invest in our brands and customers. As you look at the brand results just announced yesterday, we began to see the impact of our new brand strategy in the current second quarter.
We will also continue to grow our private brand and foodservice business, which is such an important part of the company's success and the value we provide strategic partners. And we will look at other snack segments to explore potential acquisitions".
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. 