and bought an estimated value of $15.75M worth of shares. 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 CEO of Clear Lam Packing and co-director of the Sanfilippo Family Foundation, he feels a sense of responsibility and obligation to give backa tradition that his parents imparted on their five children. Mr. Sanfilippo owns over 2,689 units of Sanfilippo (John B.) Mr. Sanfilippo owns over 5,435 units of Sanfilippo (John B.) Figure 8: Percent of People Snacking at Different Times of the Day, New Constructs, LLC and IRis The State of the Snack Industry 2019. The current estimated net worth of Sanfilippo John B & Son Inc's Director, James Sanfilippo, is estimated to be about $9.31M . He is also known for Ice Spice is an American rapper, singer, and songwriter. $184.47K . 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. The mansion features the largest world's restored theater pipe organ. The estimated Net Worth of Jasper B Sanfilippo is at least $7.73 Million dollars as of 29 May 2009. As part of its efforts to grow its consumer business, John B. Sanfilippo & Son has introduced new brands and products, such as Orchard Valley Harvest, Fisher Oven Roasted Never Fried nuts, Squirrel Brand, and Southern Style nuts, while also expanding its distribution. The majority of the amount came from trading cards. Based on data from IRis The State of the Snack Industry 2019, the percent of consumers snacking is up significantly since 2010. Before Clear Lam, Mr. Sanfilippo served as the founder of MAP Systems LLC, a thermoforming packaging business. 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. 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. Opinions expressed by Forbes Contributors are their own. On average, Sanfilippo (John B.) Sanfilippo John B & Son Inc's most recent insider trade came on February 8, 2023 by On Thursday however, Manchin's campaign released a vague statement about his future that included his priorities for West Virginia constituents, along with a promise of sorts that he would "win any race" he enters. John B. Sanfilippo & Son has improved its return on invested capital (ROIC) from 10% in 2015 to 18% TTM while increasing its economic earnings from $21 million to $45 million over the same time. The following competitive advantages help John B. Sanfilippo & Son survive the downturn and return to growth as the economy grows again: What Noise Traders Miss with John B. Sanfilippo & Son. Figure 3: Invested Capital Turns Vs. Peers. These higher expectations should be no issue for a well-run business to beat consensus, if not this quarter, then maybe the next, especially if additional stay at home orders are issued and consumers stock up on food products again. GloRilla Net Worth: Height, Age, Bio, Real Name & Career. For comparison, John B. Sanfilippo & Son grew NOPAT by 15% compounded annually from 2008 to 2019 and 10% compounded annually over the past two decades. Jim Sanfilippo Net Worth Jim Sanfilippo Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. John B. Sanfilippo & Son has beat earnings estimates in each of the past four quarters, and doing so again could send shares higher. Man Utd takeover: Sir Jim Ratcliffe makes huge move and OUTBIDS Sheikh Jassim with new offer However, The Telegraph reports that the Qatari bid still believes their offer is worth more than INEOS'. Most of the information related to his early life and parents is still missing. Figure 1: Core Earnings & Revenue Growth Over the Past Decade. From 1995 to 1999, Mr. Sanfilippo served as a Vice President and Treasurer of our company where he was responsible for our Illinois operations and contract manufacturing. In total, James Sanfilippo has made about 24 transactions over 15 years of their time at Sanfilippo John B & Son Inc. On average, James trades about 58,287 units every 198 days since 2007. Sanfilippo John B & Son Inc's most recent insider trade came on February 8, 2023 by During the time, Goldin was appearing regularly on Don Wests nightly sports memorabilia show at Home Network. Mr. Sanfilippo is also a first cousin by marriage of Timothy R. Donovan, a director of our company. Residents fear a change could lead to an entertainment operation on the property. John B. Sanfilippo & Sons Current Price Implies Another Historical Drop in Profits. & Son, Inc, the total compensation of James Sanfilippo at Sanfilippo (John B.) Figure 10 compares the firms implied future NOPAT in this scenario to its historical NOPAT. Jim Taubenfeld was born in 1964/1965 in Miami, Florida. As of 20 December 2022 he still owns at least 1,070 units of Sanfilippo (John B.) Children and families in need are at the core of our mission for our foundation, explains Jim. James Sanfilippo is 60 years old and was born on 01/30/1962. Mufti Menk Net Worth: How Rich is the Islamic Speaker Actually? Jim comes from a family that has long opened the doors to their family home to benefit charities that are dear to them. There are chickens running around everywhere where I grew up in Brazil, explains Renata. B. Sanfilippo & Son has been growing these brands market share within the larger U.S Food market. Figure 5: John B. Sanfilippo & Son Revenue by Sales Channel TTM. Residents fear a change could lead to an entertainment operation on the property. The estimated Net Worth of James J Sanfilippo is at least Sanfilippo (John B.) The "Inflation Reduction Act" was passed by Congress and signed into law by Biden last August. Balance Sheet Provides Liquidity to Survive the Crisis. A potential for casino gambling, amusement rides, fireworks and other entertainment were among the residents' concerns about the potential approval of the charitable giving zoning. He said fundraising events generally occur from March through early December, along with some days for guided tours. & Son, Inc stock worth over $1,171,940 and over the last 19 years he sold JBSS stock worth over $12,325,758. The vast majority of their compensation came in the form of Furthermore, I believe an economic recovery is likely over the long term as theInternational Monetary Fund(IMF) and nearlyevery economistin the world believe the global economy will grow strongly in 2021. He is serving as the President of Me Salve, Inc., a company that operates in the Retail Industry. The most recent transaction was a sale order of 8,464 units , worth At issue Monday night at a Barrington Hills zoning board of appeals meeting was the home of the late Jasper Sanfilippo, who built his family's nut business into a publicly traded company that had $876 million in sales in 2019. John B Sanfilippo & Son Net Worth 2010-2022 | JBSS. [2] Within two years, the figure grew to a massive $20 million. Before the current crisis, John B. Sanfilippo & Sons profitability was trending higher and at a faster pace than its competitors. Ken Goldin Net Worth: How Rich is the "King of Collectibles"? The overall growth in the economy should further help bolster consumer packaged goods sales. & Son, Inc is $141,240. James is registered to vote since October 05, 1992 in Cuyahoga County. Total sales volume in the consumer channel was up 19% YoY in fiscal 3Q20 (period ending March 26, 2020). In total, Jim Edgar has made about 30 transactions over 17 years of their time at Sanfilippo John B & Son Inc. and bought an estimated value of $15.75M worth of shares. You can see the complete history of Mr. Sanfilippo stock trades at the bottom of the page. & Son, Inc have traded over $84,910,357 worth of Sanfilippo (John B.) Mr. Sanfilippo is the President of the Sonoco Elk Grove, Inc. Division of Sonoco Products Company (Sonoco), a publicly traded, diversified global manufacturer of packaging materials. & Son, Inc stock worth over $109,472 and over the last 15 years he sold JBSS stock worth over $2,788,151. The world's largest restored pipe organ is the collection's centerpiece. In the last 20 years, insiders at Sanfilippo John B & Son Inc have sold an estimated value of $98.45M View the profiles of people named Jim Sanfilippo. He is serving as the President of Me Salve, Inc., a company that operates in the Retail Industry. "Although that may be a bit of a stretch, the point here is that this is a residential/equestrian community and the activities currently on the Sanfilippo property are not in compliance and this change most likely would result in an expansion of those types of activities.". & Son, Inc, Stocks and cryptocurrency portfolio tracker. & Son, Inc since 2013. He now owns and lives on the land, which he said still would be residential with the "overlay" of the charitable giving zoning. & Son, Inc stock. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. However, we came to know that he currently lives at 1891 NE 210th Street in Miami. Longer term, John B. Sanfilippo & Son has grown core earnings by 18% compounded annually over the past two decades. His net worth of $1.2 billion took a dip when he changed his political affiliation. This worst-case scenario implies John B. Sanfilippo & Sons NOPAT eight years from now will be 4% below its 2019 NOPAT. The estimated Net Worth of James J Sanfilippo is at least $3.03 million dollars as of 20 December 2022. In the late evening, snacking is up from 24% in 2010 to 40% in 2019. This cash bonus is based on the Sanfilippo Value-Added Plan (SVA Plan). Scenario 1:Using historical revenue declines, historical margins, and average historical GDP growth rates, I can model the worst-case scenario already implied by John B. Sanfilippo & Sons current stock price. Goldin and his fathers idea was to sign players to exclusive autograph contracts. The pre-premiere party was organized at Wheelhouse in West Hollywood, California on April 20, 2023. & Son, Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, insiders at Sanfilippo (John B.) Ann Luckey, Mary Sanfilippo and Anne Menzel, and many others are family members and associates of James. There are 8 older and 9 younger executives at Sanfilippo (John B.) Despite this loss, Fisher Recipe continues to be the brand share leader in the recipe nuts category. See all adjustments to John. The oldest executive at Sanfilippo (John B.) 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. We would not do anything to destroy what the residents of Barrington Hills have enjoyed for the last 50 years. A Consensus Beat or Signs of Recovery Could Send Shares Higher. That looks like a tall task.". Despite seeing increased demand as the COVID-19 pandemic caused many consumers to load up on home goods, this vertically integrated consumer packaged foods firm trades as if profits will permanently decline moving forward. In March 2020, John B. Sanfilippo & Sons sales volume increased by 24% YoY, one-third of which the firm estimated was attributable to consumers stocking up on baking, snacking, and other foods (i.e. Mr. Sanfilippo has previously served on the Board of Directors of the National Pecan Shellers Association, an industry association of which our company is a member. They also raised the possibility of the 38 acres being removed from the tax rolls, which Sanfilippo said would not happen. Mr. Sanfilippo owns over 2,689 units of Sanfilippo (John B.) 2021 estimates follow a similar trend but actually remain below 2020 estimates. & Son, Inc stock. Its a beautiful morning in Barrington and the sun is glistening off the rooftop of Jim and Renata Sanfilippos stately home. According to a recent investigation by Forbes and Business Insider, Jim Kaat estimated net worth is more than a couple of million USD, according to the publication. The Compensation Committee believes using YoY SVA improvement motivates the plan participants to improve our companys financial performance and more effectively manage its working and fixed capital by encouraging the productive use of capital resources relative to their cost.. 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. Last updated: 21 July 2019 at 11:48pm EST. 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. On average, Jasper trades about 5,033 units every 451 days since 2004. Mar 30, 2023. He is best recognized for his songs, Without You, 40s Carla Diab Net Worth: How Rich is the TV Star Actually in 2023? Sanfilippo was the former CEO and Chairman of John B. Sanfilippo & Son, Inc., which he ran for nearly half a century. stock awards of $166,036 , Insider Trading and Short Interest Trends. Sanfilippo (John B.) & Son, Inc, Stocks and cryptocurrency portfolio tracker. B. Sanfilippo & Sons valuationhere. He built an addition to display his collection of automated musical instruments, including music boxes, phonographs, coin-operated pianos and violin machines. Justice's job approval has actually increased since his office touted his performance last July when he was viewed as the fifth-most popular governor nationwide based on polling from Morning Consult. Despite rebounding from its March lows, at $86/share JBSS still trades well below its 52-week high and below itseconomic book value, or no-growth value. The firm increased its core earnings margin year-over-year (YoY) in two of the past three years and from 1% in 2009 to 6% in the trailing-twelve-month period (TTM). The state's Attorney General Patrick Morrisey, a Republican who ran against Manchin in 2018 and lost, is also reportedly weighing another campaign. The six episodes Netflix series hit the streaming platform on April 28, which mainly focuses on the memorabilia pioneer executive, Ken Goldin. The Company also markets and distributes a diverse product line of other food and snack items. Kaleb Cooper Net Worth: How Rich is the TV Star Actually? pantry loading). JBSS trades at a discount to the group as shown by its position below the trend line. "The embarrassment is just going to keep growing over this," Laura Harth, the campaign director at Safeguard Defenders, told Newsweek. Most recently he sold 8,464 units of JBSS stock worth $699,042 on 1 February 2023. 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. Fifty-one billionaires. [1]My firms core earnings are a superior measure of profits, as demonstrated inCore Earnings: New Data & Evidencea paper by professors at Harvard Business School (HBS) & MIT Sloan. In addition, he makes $141,240 as Director at Sanfilippo (John B.) In the last 15 years at Sanfilippo John B & Son Inc, James Sanfilippo has sold an estimated value of $8.89M worth. Most recently he sold 8,464 units of JBSS stock worth $699,042 on 1 February 2023. John B. Sanfilippo & Sons $60 million in FCF over the TTM period equates to a 6%FCF yield, which is higher than the Consumer Non-cyclicals sector average of 5%. In addition, he makes $141,240 as Director at Sanfilippo (John B.) Full Name Jim Taubenfeld Birth Date 1964 or 1965/58 years old Birth Place Miami, [] & Son, Inc stock worth over $99,275 and over the last 15 years he sold JBSS stock worth over $2,788,151 Insider trading is most common in November, with the busiest year in 2012. $306.7K on April 30, 2015. In the afternoon, snacking is up from 51% in 2010 to 66% in 2019. During last night's Wheel of Fortune episode, Pat Sajak got swapped out for special guest host Jim Thornton in a stunt that no one saw coming, but viewers certainly enjoyed. Portland, Oregon Worked at VA Medical Center College Studied at Oregon Institute of Technology & Son, Inc stock since 2004, according to the Form 4 filled with the SEC. Quality corporate governance holds executives accountable to shareholders by incentivizing them to allocate capital prudently. James Sanfilippo's largest purchase order was 1,385,231 units , worth over Of its 169,758 accounts, 29% are associated with high-net-worth clients who have greater than $1 million in assets available to invest. Over the past decade, John B. Sanfilippo & Son has grown revenue by 5% compounded annually andcore earnings[1]by 23% compounded annually, per Figure 1. Heres a quick summary of what noise traders are missing: John B. Sanfilippo & Son has no share repurchase plan but, instead, returns capital to shareholders through annual and special dividends. The firm began paying a standard annual dividend in 2018, which has increased from $0.50/share to $0.60/share in 2019. Between the ages of 10 and 18, former Barrington High School soccer, For Olympian Patrick Gasienica, ski jumping has been a part of his, Dr. Rekha S. Rajan has devoted her personal and professional life to, One of the most prestigious dance companies in the world, The Joffrey, Saint Anne Catholic Community Churchs Project Hope ministry, A night of sequin-studded disco fever, the 5th Annual Hoosier Ball was. In a worst-case scenario, where John B. Sanfilippo & Son generates no revenue, the firm could operate for over nine months with its available liquidity before needing additional capital. John B Sanfilippo & Son net worth as of April 24, 2023 is $1.19B. Source: https://www.sec.gov/Archives/edgar/data/880117/000119312520244097/d31934ddef14a.htm. As I noted in my original Long Idea, John B. Sanfilippo & Son has been putting more emphasis on its consumer facing business since ~2007. James Sanfilippo usually trades in November, with the busiest year in 2017, 2012 and 2019. James also answers to Jame Sanfilippo, James J San Filippo and James J Sanfilippo, and perhaps a couple of other names. Justice, who according to Forbes, amassed a fortune due to a coal business inherited from his father, was the only billionaire in West Virginia when he won his 2016 gubernatorial election. Jasper Sanfilippo was 88 when he died early this year. Mr. Sanfilippo owns over 2,689 units of Sanfilippo (John B.) The company operates in the retail industry and is based in Catano, Puerto Rico, U. S. Not much detail is available about his professional career. Over the last 20 years, insiders at Sanfilippo (John B.) The six episodes Netflix series hit the streaming platform on April 28, which mainly focuses on the memorabilia pioneer executive. As CEO of Clear Lam Packing and co-director of the Sanfilippo Family Foundation, he feels a sense of responsibility and obligation to give backa tradition that his parents imparted on their five children. However, its highly unlikely that John B. Sanfilippo & Sons revenue would go to zero given its products are still being sold through grocery and retail locations across the country. Over the last 20 years, insiders at Sanfilippo (John B.) Mr. Sanfilippo is the President of the Sonoco Elk Grove, Inc. Division of Sonoco Products Company (Sonoco), a publicly traded, diversified global manufacturer of packaging materials. James's mailing address filed with the SEC is North Randall Road, Oaks Club, Elgin, Elgin Township, Kane County, Illinois, 60123, United States. The most active traders at the company are & Son, Inc. In this scenario, I assume: In this scenario, where John B. Sanfilippo & Sons NOPAT declines 1% compounded annually over the next eight years (including a 72% YoY drop in 2020), the stock is worth $83/share today nearly equal to the stock price at time of writing. Explore more of the publications in our portfolio here. 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. Mordor Intelligence, a market research provider, projects the global nut market will grow nearly 6% compounded annually through 2025. In 1994, Score Board got its maximum sales generating over $100 million. The estimated Net Worth of James J Sanfilippo is at least Sanfilippo (John B.) The peer groups market-cap-weighted average invested capital turns have fallen slightly from 0.7 to 0.6 over the same time. The estimated Net Worth of James J Sanfilippo is at least $3.04 Million dollars as of 20 December 2022. To most, having a chicken living indoors may seem a little out of the ordinary. Brian Jasper Sanfilippo Jr, COO, Smaller brands, such as Fisher Oven Roasted Never Fried nuts are also experiencing market share growth. According to Seeking Alpha data, consensus estimates (which are taken from only one analyst covering the firm) for John B. Sanfilippo & Son have actually risen in recent months, as the COVID-19 pandemic provided a boost to sales. Dress by Alexander McQueen available from Neiman Marcus, 847-563-0300; necklace and earrings available exclusively from M.J. Miller & Co., 847-381-7900; ring and bracelet, Renatas own. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. That is not a gambling casino.". This expectation seems overly pessimistic over the long term. The 38-acre estate on Plum Tree Road long has been a venue for charitable events hosted by the Sanfilippo Foundation. Though, after some time, the great recession helped renew interest in alternative assets. Mark Welsh | Staff Photographer. change in pension value of $630,483 , and 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. Manage Settings I first made John B. Sanfilippo & Son a Long Idea inNovember 2017and closed the position inNovember 2018. In 1997, a carousel building for banquet style fundraisers was added in 1997. There are currently 523 thousand shares sold short, which equates to 6% of shares outstanding and just over six days to cover. Then, Goldin handled marketing for the baseball superagent, Scott Boras. James Sanfilippo owns about 1,349,663 units of Sanfilippo John B & Son Inc common stock. James Sanfilippo's largest purchase order was, James Sanfilippo's largest sale order was, In total, James Sanfilippo has made about, The most recent transaction was a sale order of, As Director of Sanfilippo John B & Son Inc, James Sanfilippo has a total base salary of, James Sanfilippo received compensation valued at about, The vast majority of their compensation came in the form of, other earnings, plans or compensations of, Sanfilippo John B & Son Inc's most recent insider trade came on February 8, 2023 by Most recently he sold 13,049 units of JBSS stock worth $674,372 on 30 April 2015. The estimated Net Worth of James J Sanfilippo is at least Sanfilippo (John B.) Manchin has hinted at an end-of-year announcement, which Easley said gives him time to "take stock of what could be a pretty nasty GOP primary. There were no adjustments that increased shareholder value. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. & Son, Inc since 2009. Consensus estimates now expect 2020 EPS of $4.74/share. Your email address will not be published. Mr. Sanfilippo became a director of our company in October 2013. The estimated Net Worth of James J Sanfilippo is at least Sanfilippo (John B.) The collection of which Jim speaks, Place de la Musique, is known for its antique music machines, phonographs, arcade and gambling machines, chandeliers, art glass, the worlds largest restored theater pipe organ, a European salon carousel, street and tower clocks, steam engines, and other mechanical antiques. The oldest executive at Sanfilippo (John B.) & Son, Inc getting paid more, with MichaelValentine having the highest compensation of $3,726,220. 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 . John B. Sanfilippo & Sons annual incentive compensation is paid as a cash bonus and represents anywhere from 28-44% of compensation depending upon the executive. In addition, he makes $141,240 as Director at Sanfilippo (John B.) At the end of January, 2021 EPS consensus was $3.62/share, which is now $4.07/share. JBSS is not just historically cheap against its own economic book value, but also relative to industry peers. James J. Sanfilippo Chief Executive Officer of TruStar Holdings, LLC and VIST Labs, LLC READ BIOGRAPHY Jasper B. Sanfilippo, Jr. Chief Operating Officer, President and Assistant Secretary READ BIOGRAPHY Jeffrey T. Sanfilippo Chairman and Chief Executive Officer READ BIOGRAPHY John E. Sanfilippo President of Engineering at TruStar Holdings, LLC She rose to prominence in the Summer of 2022 with her Finesse2tymes is an American rapper and recording artist. 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. The minimum net worth needed to gainor hold ontoa spot on the list this year jumped to $2.9 billion.
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