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Re: wow_happens28 post# 297

Wednesday, 05/03/2023 12:35:44 PM

Wednesday, May 03, 2023 12:35:44 PM

Post# of 308
wow, I wanted to mention a food related stock - John B. Sanfilippo & Son (JBSS), as a possible replacement idea for after the RIBT saga reaches its conclusion (acquisition, merger, etc). It's a fairly small cap (1.3 bil) in the tree nut / peanut area, and they are diversifying into additional areas. I had them on my microcap watch list for years, but after several years of sideways movement it appears the stock is resuming its long term uptrend. Anyway, something to consider, and should be fairly conservative for a small cap. I was finally going to buy some yesterday (the usual $500 position), but unfortunately forgot, and now it's up 10% today, lol. They just announced a special dividend of $1.50 per share, so a mini bonanza for current shareholders, and the recent earnings report looked good also -

>>> John B. Sanfilippo & Son, Inc. (JBSS) Reports Fiscal 2023 Second Quarter Results <<<

>>> John B. Sanfilippo & Son, Inc. (JBSS), through its subsidiary, JBSS Ventures, LLC, processes and distributes tree nuts and peanuts in the United States. The company offers raw and processed nuts, including almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts, and filberts in various styles and seasonings. It also offers peanut butter in various sizes and varieties; snack and trail mixes, salad toppings, snacks, snack bites, dried fruit, and chocolate and yogurt coated products; baking ingredients; bulk food products; sunflower kernels, pepitas, almond and cashew butter, candy and confections, corn snacks, chickpea snacks, sesame sticks, and other sesame snack products; and various toppings for ice cream and yogurt. In addition, the company operates a retail store. The company provides its products under the Fisher, Orchard Valley Harvest, Squirrel Brand, and Southern Style Nuts brands, as well as under various private brands. It serves retailers and wholesalers, and commercial ingredient and contract packaging customers through a network of independent brokers, distributors, and suppliers. John B. Sanfilippo & Son, Inc. was founded in 1922 and is headquartered in Elgin, Illinois. <<<


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