John B. Sanfilippo & Son history

The company's sales in 1963 were $300,000.

That changed in 1974 when H.H. Evon Co. of Chicago, which distributed nutmeats throughout the Midwest under the Evon's brand name, went bankrupt.

In 1980 Sanfilippo constructed a modern pecan processing facility, designed by Jasper Sanfilippo, in Elk Grove Village in Illinois.

By 1984 its sales had reached $56 million.

By 1991 Sanfilippo's sales had topped $161 million.

In December of 1992 Sanfilippo moved Sunshine's operations to a newly constructed 50-acre, $11.2 million facility in Selma, Texas.

The company followed this move in April 1993 with the $3.2 million cash purchase of California-based Crane Walnut Orchards, making it fully vertically integrated in each of the five major nut types and the country's largest vertically integrated supplier.

In February 1994, Sanfilippo signed an agreement with Procter & Gamble to handle part of its Fisher nut line, then the number-two nut brand in the country.

Elite money managers, advisors and institutions have relied on us to lower risk and improve performance since 2004.

In 2007, the Consumer segment made up just 51% of revenue and the Commercial Ingredients segment made up 32% of revenue.

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).

Per Figure 4, John B. Sanfilippo & Son’s 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.

At the end of fiscal 3Q20 (period ending March 26, 2020) John B. Sanfilippo & Son had $76 million in available liquidity under its revolving credit facility.

The IMF estimates the global economy will expand by 5.4%, and the United States economy by 4.5%, in 2021.