Mr. Sanfilippo is a member of the Chicago chapter of the World Presidents Organization and has been responsible for a number of patents in the packaging industry. John B. Sanfilippo & Son, Inc. (JBSS) is a processor, packager, marketer and distributor of nut and dried fruit based products that are sold under a variety of private brands and under the Companys Fisher, Orchard Valley Harvest, Squirrel Brand, Southern Style Nuts and Sunshine Country brand names. On average, James trades about 58,287 units every 198 days since 2007. From 1992 to 1994, Mr. Sanfilippo served as Director of Contract Manufacturing for our company and from 1985 to 1991 served as a Product Manager for our company. He is best recognized for his songs, Without You, 40s Carla Diab Net Worth: How Rich is the TV Star Actually in 2023? Below are specifics on the adjustments I make based on Robo-Analyst findings in John B. Sanfilippo & Sons 2019 10-K: Income Statement: I made $10 million of adjustments, with a net effect of removing $3 million innon-operating expenses(<1% of revenue). Figure 9: ROIC Explains 76% of Difference in Valuation for Packaged Food Firms. That is not a gambling casino.". Per Figure 7, Orchard Valley Harvests all commodity volume (ACV) percentage in the U.S. has risen from 33% in 2015 to 48% in 2019. Senator Joe Manchin, a West Virginia Democrat, will likely face his most difficult Republican challenger in 2024, should he run for reelection, according to several polls. The most recent stock trade was executed by Ellen Taaffe on 6 February 2023, trading 1,992 units of JBSS stock currently worth $184,479. I think its that we all have the common goal of making good things happen in the world.. James Sanfilippo's largest purchase order was 1,385,231 units , worth over Mr. Sanfilippo is a member of the Chicago chapter of the World Presidents Organization and has been responsible for a number of patents in the packaging industry. $16.25K on August 29, 2014. As of 2023, Jim Taubenfeld's net worth is not known and is under review at the moment. In fiscal 3Q20, John B. Sanfilippo & Sonnotedthat sales volume for Fischer Recipe nuts declined YoY as a result of lost distribution at a large customer. Goldin and his father later founded Score Board Inc. and were able to drag legends like Joe Dimaggio, Mantle, and Mays on their roster. As Director of Sanfilippo John B & Son Inc, James Sanfilippo has a total base salary of $306,627 . Sanfilippo John B & Son Inc's most recent insider trade came on February 8, 2023 by John B. Sanfilippo & Sons current economic book value is $131/share a 52% upside to the current price. The current estimated net worth of Sanfilippo John B & Son Inc's Director, Jim Edgar, is estimated to be about $2.7M . Required fields are marked *. other earnings, plans or compensations of $367,952 , $184.47K . You can see the complete history of Mr. Sanfilippo stock trades at the bottom of the page. John B. Sanfilippo & Sons Current Price Implies Another Historical Drop in Profits. "He's even slightly more popular among Democrats than Manchin (52 percent approval vs. 49 percent approval). Mr. Sanfilippo is also a first cousin by marriage of Timothy R. Donovan, a director of our company. Narrowing in on the snack nuts and nut industry, IRi notes the snack nut market grew 1.4% YoY in 2019, and sales of nutritional snacks and trail mixes grew 2.3% YoY. & Son, Inc is MathiasValentine, 87, who is the Director. Mr. Sanfilippo is the nephew of Mathias A. Valentine, a director of our company, the brother of Jeffrey T. Sanfilippo and Jasper B. Sanfilippo, Jr., both executive officers and directors of our company, the cousin of Michael J. Valentine, an executive officer and director of our company and the cousin of James A. Valentine, an executive officer of our company. Some Barrington Hills residents are opposing a proposal for a new property zoning classification for the Sanfilippo Estate. Full Name Jim Taubenfeld Birth Date 1964 or 1965/58 years old Birth Place Miami, [] & Son, Inc stock worth over $103,865 and over the last 15 years he sold JBSS stock worth over $2,788,151 John B. Sanfilippo & Son, Inc. is a processor, packager, marketer and distributor of shelled and in-shell nuts and extruded snacks that are sold under a variety of private labels and under the Company's Fisher, Evon's, Snack 'N Serve Nut Bowl, Sunshine Country, Flavor Tree and Texas Pride brand names. Quality corporate governance holds executives accountable to shareholders by incentivizing them to allocate capital prudently. Per Figure 6, Fischer Recipe nuts pound share, or the share of total pounds sold, in traditional grocery stores has increased from 11% in 2015 to 27% in 2019, based on data from Information Resources Inc. (IRi), a retail packaged goods, and healthcare market research and data analytics firm. Per Figure 4, John B. Sanfilippo & Sons ROIC has improved from 10% in 2015 to 18% TTM while the market-cap-weighted average ROIC of peers has largely remained stagnant~7% over the same time. Then, I analyze the implied value of the stock based on different assumptions about COVID-19s impact on consumer spending and John B. Sanfilippo & Sons future growth in cash flows. The firm provides services to 380 charities and foundations. The 38-acre estate on Plum Tree Road long has been a venue for charitable events hosted by the Sanfilippo Foundation. James's net worth hovers over $100,000 - $249,999 with a yearly income that's about $100 - 149,999. His passion for musical instruments and machines helped shape his legacy. In the early morning, snacking is up from 7% in 2010 to 26% in 2019. The most recent transaction was a sale order of, Sanfilippo John B & Son Inc's most recent insider trade came on February 8, 2023 by Its a beautiful morning in Barrington and the sun is glistening off the rooftop of Jim and Renata Sanfilippos stately home. Timothy Donovan, Director, Despite this loss, Fisher Recipe continues to be the brand share leader in the recipe nuts category. & Son, Inc. Mr. Sanfilippo owns over 2,689 units of Sanfilippo (John B.) & Son, Inc is $141,240. During the time, Goldin was appearing regularly on Don Wests nightly sports memorabilia show at Home Network. For work these days, James is a Member at Cl Polymers LLC. With over 20 years of combined business, financial and legal experience, Krese Liked by Jim. Lee Brown, a Teska Associates Inc. land planner hired by the village, testified at the start of the meeting last month that the granting of special-use permits for the Sanfilippo property is preferable to the idea of a charitable giving zoning district. A poll published last week by Morning Consult, prior to Justice declaring his candidacy, showed Manchin with 55 percent disapproval in his home statemaking him one of the lowest-rated senators nationwide. Mr. Sanfilippo became a director of our company in October 2013. & Son, Inc stock. $2.5 billion, according to our most recent tally. and bought an estimated value of $15.75M worth of shares. As the Director of Sanfilippo (John B.) The minimum net worth needed to gainor hold ontoa spot on the list this year jumped to $2.9 billion. Women's and children's organizations were among the first recipients of Jasper and Marian Sanfilippo's generosity in the 1990s, including the Michael Joseph Foundation and St. Anne Parish in Barrington. West Virginia Governor Jim Justice is seen on July 31, 2011, in White Sulphur Springs, West Virginia. These sales represent less than 1% of shares outstanding. This scenario assumes Jon B. Sanfilippo & Son maintains selling and administrative expenses ($23 million in fiscal 3Q20), interest expense and rental and miscellaneous expenses at current levels. As of 20 December 2022 he still owns at least 1,070 units of Sanfilippo (John B.) Mr. Sanfilippo owns over 5,435 units of Sanfilippo (John B.) This cash bonus is based on the Sanfilippo Value-Added Plan (SVA Plan). & Son, Inc. The IMF estimates the global economy will expand by 5.4%, and the U.S. economy by 4.5%, in 2021. His net worth of $1.2 billion took a dip when he changed his political affiliation. Most recently he sold 8,464 units of JBSS stock worth $699,042 on 1 February 2023. & Son, Inc since 2013. & Son, Inc, the total compensation of James Sanfilippo at Sanfilippo (John B.) He studied at the University of Miami School of Law and received a JD in 1991. The most recent transaction was a sale order of 8,464 units , worth Per Figure 5, 73% of John B. Sanfilippo & Sons revenue comes from its Consumer segment, with 16% and 11% coming from the Commercial Ingredients and Contract Packaging segments respectively. That year, he managed to generate sales revenue of $1 million. & Son, Inc stock since 2004, according to the Form 4 filled with the SEC. Brazilian-born Renata Sanfilippo brings her Latin flair to Barrington, while supporting her familys long tradition of giving back to the community. & Son, Inc getting paid more, with MichaelValentine having the highest compensation of $3,726,220. On April 20, he was seen attending the pre-premiere party for Netflixs new series, King of Collectibles: The Goldin Touch. Its still unknown whether he has been married to someone or not. By Jim Ryan Contributor. More importantly, John. The majority of the amount came from trading cards. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. $6.21M on December 19, 2008. The estimated Net Worth of James J Sanfilippo is at least Sanfilippo (John B.) Our records show Donna J Sanfilippo (72) as possible relative. The combination of rising margins and invested capital turns drives John B. Sanfilippo & Sons return on invested capital (ROIC) higher. seeds and nuts background, natural food in wooden, JBSS Increasing Distribution Orchard Valley, better measure of profitability and truer insights, aligns the interests of executives and shareholders, See the math behind this reverse DCF scenario, NOPAT margins fall to 1.7% (lowest in company history, excluding negative margin in 2006/2007) in 2020-2022, and increase to 5% (equal to 2019, compared to 7% TTM) in 2023 and each year thereafter, Revenue falls 20% (triple the YoY revenue decline in 2007 and well below consensus estimates for 2% revenue growth) in 2020 and does not grow until 2023, Sales begin growing again in 2023, but only at 3.5% a year, which is equal to the average global GDP growth rate since 1961, NOPAT margins fall to 1.7% (lowest in company history, excluding negative margin in 2006/2007) in 2020 and rise to 5% (equal to 2019, compared to 7% TTM) in 2021 and each year thereafter, Revenue falls 13% (double the YoY revenue decline in 2007) in 2020, Revenue grows by 4.7% in 2021 and 4.8% in 2022 (consensus estimates), and 3.5% a year in 2023 and each year thereafter, which is equal to the average global GDP growth rate since 1961, Strong balance sheet and available liquidity to survive any economic downturn, Leading market share in recipe nuts and growing market share in newer products, Greater capital efficiency and ROIC than its peers, Executive compensation plan that incentivizes prudent capital management, Strong core earnings growth over the past two decades, Growing demand for snack nuts and nut products, Valuation implies the economy never recovers and profits permanently decline by 40%, Invesco S&P Small Cap Consumer Staples ETF (PSCC), Invesco Dynamic Food & Beverage ETF (PBJ), James Micro Cap Fund (JMCRX) 2.3% allocation and attractive rating, Royce Special Equity Fund (RYSEX) 2.2% allocation and very attractive rating. "His vote for the Inflation Reduction Act has brought his numbers lower than they've ever been before, and he's now working ever so harder to distance himself from it. In its fiscal 3Q20 conference call, the firm stated we certainly are committed to paying our regular annual dividend in August.. The current estimated net worth of Sanfilippo John B & Son Inc's Director, James Sanfilippo, is estimated to be about $9.31M . Other highlights at the mansion include arcade and gambling machines, chandeliers, street and tower clocks, steam engines and about 2,500 perfume-related artifacts such as bottles and compacts. And I have always loved animals. Mr. Sanfilippo owns over 2,689 units of Sanfilippo (John B.) Ken Goldin Net Worth: How Rich is the "King of Collectibles"? You can see all the adjustments made to John B. Sanfilippo & Sons income statementhere. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, insiders at Sanfilippo (John B.) John B Sanfilippo & Son net worth as of April 24, 2023 is $1.19B. The holders of Class A Stock have determined that Mr. Sanfilippo should serve as a director because of his leadership and management experience as the President and CEO of a major packaging company servicing the food and medical industries. & Son, Inc stock worth over $111,227 and over the last 15 years he sold JBSS stock worth over $2,788,151. Previously, he served in the role of President and CEO of Clear Lam Packaging, Inc. (Clear Lam) from 1999 to July 2017, when Clear Lam was sold to Sonoco. & Son, Inc stock on 17 December 2008 worth over $6,205,835. As investorsfocus moreon fundamental research, research automation technology is needed to analyze all the critical financialdetails in financial filingsas shown in the Harvard Business School and MIT Sloan paper,Core Earnings: New Data and Evidence. & Son, Inc stock worth over $103,897 and over the last 15 years he sold JBSS stock worth over $2,788,151. James is registered to vote since October 05, 1992 in Cuyahoga County. On November 6, 2006 Mr. Sanfilippo was elected as our Chief Operating Officer and President and he has since then continued to hold such positions. Figure 11: Implied Profits Assuming Moderate Recovery: Scenario 2, Sustainable Competitive Advantages Will Drive Shareholder Value Creation. Your email address will not be published. John B. Sanfilippo & Sonsinvested capital turns, a measure of balance sheet efficiency, have increased from 2.5 in 2015 to 2.7 TTM. The SVA Plan rewards executives for YoY improvement in economic profit (what I calleconomic earnings). There are chickens running around everywhere where I grew up in Brazil, explains Renata. & Son, Inc executives and independent directors trade stock every 36 days with the average trade being worth of $4,070,786. Source: https://www.sec.gov/Archives/edgar/data/880117/000119312520244097/d31934ddef14a.htm. & Son, Inc stock worth over $99,275 and over the last 15 years he sold JBSS stock worth over $2,788,151 As of 20 December 2022 he still owns at least 1,070 units of Sanfilippo (John B.) Save my name, email, and website in this browser for the next time I comment. Place de la Musique boasts of the largest collection of restored automatic musical instruments in the world. They also believe that Mr. Sanfilippo provides our Board of Directors with important experience in the contract packaging area and with insight into product offerings and presentations in order to execute our Strategic Plan. Figure 10: Current Valuation Implies Severe, Long-Term Decline in Profits: Scenario 1, Scenario 2: Moderate Long-Term Recovery Could Be Very Profitable. In other words, this scenario implies that eight years after the COVID-19 pandemic, John B. Sanfilippo & Sons profits wont have recovered to their current level. & Son, Inc is MathiasValentine, 87, who is the Director. The shift from a more commercial ingredient provider to a consumer goods provider gives the firm more control over pricing and opportunity for increased sales and margins. John B. Sanfilippo & Sons History of Profit Growth. Most of the information related to his early life and parents is still missing. Jasper Brian Sanfilippo Jr. serves as President, Chief Operating Officer, Assistant Secretary, Director of the Company. Despite rebounding from its March lows, theres still value in thisLong Idea.
Ferry County View Newspaper,
Appliance Repair Slogans,
Anne Hathaway Clothes,
2022 Social Security Bend Points,
Unfi Allentown Distribution Center,
Articles J
