US nut producer John B Sanfilippo & Son has reported higher quarterly income, helped by substantial sales growth.
Go deeper with GlobalData
The company posted net income of US$10.4m, or $1.12 per share, for the second quarter to 25 December 2003, compared to $8.2m, or 90 cents per share, in the year-ago period.
Second-quarter net sales grew significantly to $171.4m from $138.1m a year earlier. The company said the 24.1% sales increase was attributable to sizeable gains in the consumer, industrial, foodservice and export distribution channels during the second quarter.
John B Sanfilippo & Son is a processor, packager, marketer and distributor of shelled and in-shell nuts, sesame sticks and other snacks that are sold under private labels and under the company’s own brands, such as Fisher, Chef’s Natural and Texas Pride.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
