jim sanfilippo net worth
This worst-case scenario implies John B. Sanfilippo & Sons NOPAT eight years from now will be 4% below its 2019 NOPAT. 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. I first made John B. Sanfilippo & Son a Long Idea inNovember 2017and closed the position inNovember 2018. If the firm were to maintain its annual and special dividend, investors benefit from a 3.7% dividend yield. Jim comes from a family that has long opened the doors to their family home to benefit charities that are dear to them. & Son, Inc stock worth over $99,275 and over the last 15 years he sold JBSS stock worth over $2,788,151 The overall growth in the economy should further help bolster consumer packaged goods sales. 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. Jim Taubenfeld was born in 1964/1965 in Miami, Florida. & Son, Inc stock worth over $2,553,019 and over the last 19 years he sold JBSS stock worth over $1,774,328. James's mailing address filed with the SEC is North Randall Road, Oaks Club, Elgin, Elgin Township, Kane County, Illinois, 60123, United States. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. 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. . 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. Your email address will not be published. & Son, Inc stock worth over $103,897 and over the last 15 years he sold JBSS stock worth over $2,788,151. & Son, Inc, the total compensation of James Sanfilippo at Sanfilippo (John B.) B. Sanfilippo & Sons valuationhere. As the Director of Sanfilippo (John B.) With improving profitability and a strong balance sheet, John B. Sanfilippo & Son can not only survive the downturn, but is well-positioned to take market share from weaker food product firms as the economy recovers. Then a secondary mission is sharing and educating the public about our familys collection of mechanical music. The most active insiders traders include Jeffrey T Sanfilippo, James J Sanfilippo, and Jasper Brian Jr Sanfilippo. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. In return, they would pay them a fee and ultimately, they would resell signed cards at a markup. 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. Sanfilippo (John B.) Its a beautiful morning in Barrington and the sun is glistening off the rooftop of Jim and Renata Sanfilippos stately home. 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. At the end of January, 2021 EPS consensus was $3.62/share, which is now $4.07/share. The oldest executive at Sanfilippo (John B.) . Over the last 20 years, insiders at Sanfilippo (John B.) You can see the complete history of Mr. Sanfilippo stock trades at the bottom of the page. Liked by Jim Sanfilippo, CPA Introducing Eckert Seamans' new Chief Financial Officer, Kevin Krese. 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. & Son, Inc stock worth over $102,859 and over the last 15 years he sold JBSS stock worth over $2,788,151 . Then, Goldin handled marketing for the baseball superagent, Scott Boras. Despite rebounding from its March lows, theres still value in thisLong Idea. 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. Timothy Donovan, Director, As of 29 May 2009 he still owns at least 24,480 units of Sanfilippo (John B.) JBSS Trades Well Below Its Economic Book Value. 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. 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. . 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. The most recent transaction was a sale order of 8,464 units , worth Tucked away inside in the couples dining room is a pink pen with a luxe chicken that keeps trying to escape. James Sanfilippo owns about 1,349,663 units of Sanfilippo. The IMF estimates the global economy will expand by 5.4%, and the U.S. economy by 4.5%, in 2021. 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. See the math behind this reverse DCF scenario. 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. Fifty-one billionaires. While some confused . & Son, Inc getting paid more, with MichaelValentine having the highest compensation of $3,726,220. 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. One of the largest adjustments was $9 million inother comprehensive income. The Company also markets and distributes a diverse product line of other food and snack items. Donald Trump's real net worth? The mansion features the largest world's restored theater pipe organ. & Son, Inc. Interactive chart of historical net worth (market cap) for John B Sanfilippo & Son (JBSS) over the last 10 years. James Sanfilippo is 60 years old and was born on 01/30/1962. Quality corporate governance holds executives accountable to shareholders by incentivizing them to allocate capital prudently. In addition, he makes $141,240 as Director at Sanfilippo (John B.) $16.25K on August 29, 2014. At an early age, she began traveling the world, sure to experience the best the different cultures had to offer, having studied in Japan as a college student. 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 2007, the Consumer segment made up just 51% of revenue and the Commercial Ingredients segment made up 32% of revenue. Brandon Fugal Net Worth: How Rich is Skinwalker Ranch Owner? 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. "We are not looking to open a gambling casino on the property. 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. Mr. Sanfilippo is the nephew of Mathias A. Valentine, a director of our company, the brother of Jeffrey T. Sanfilippo, an executive officer and director of the company, the brother of James J. Sanfilippo, a director 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. We get together, exchange eggs, and we even have a pageant where we show our birds.. 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. 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. And I have always loved animals. The six episodes Netflix series hit the streaming platform on April 28, which mainly focuses on the memorabilia pioneer executive, Ken Goldin. 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. & 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.) But, he gave continuity to selling collectibles. 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. John B. Sanfilippo & Son has a strong history of profit growth. Over the last 20 years, insiders at Sanfilippo (John B.) The state's Attorney General Patrick Morrisey, a Republican who ran against Manchin in 2018 and lost, is also reportedly weighing another campaign. Figure 9: ROIC Explains 76% of Difference in Valuation for Packaged Food Firms. To hide this collection and not share it with wider community would be very hard for us.. This adjustment represents 3% of John B. Sanfilippo & Sons market cap. "The data from this study shows that, across every single metric, Governor Jim Justice is far and away the strongest Republican candidate in the U.S. Senate race in West Virginia, and the only tested potential candidate who currently leads Joe Manchin on a trial ballot test," the survey said. He is serving as the President of Me Salve, Inc., a company that operates in the Retail Industry. Previous to James's current city of Chicago, IL, James Sanfilippo lived in Barrington IL. Portland, Oregon Worked at VA Medical Center College Studied at Oregon Institute of Technology Popularity for a governor is not unusual, Easley said Friday, but this "should matter a lot" for West Virginia Republicans who want to flip that important Senate seat. pantry loading). & Son, Inc getting paid more, with MichaelValentine having the highest compensation of $3,726,220. James Sanfilippo usually trades in November, with the busiest year in 2017, 2012 and 2019. The six episodes Netflix series hit the streaming platform on April 28, which mainly focuses on the memorabilia pioneer executive. John B. Sanfilippo & Sons rising profitability helps the business generate positive free cash flow (FCF) in eight of the past ten years and a cumulative $200 million (21% of market cap) over the past five years. The SVA Plan rewards executives for YoY improvement in economic profit (what I calleconomic earnings). A poll conducted last September by Jackson County radio station WMOV 1360 AM and Oregon-based Triton Polling and Research found that Manchin's support of the "Inflation Reduction Act" led to a 66 percent disapproval rating. There are 15 older and 4 younger executives at Sanfilippo (John B.) Fitch Ratingsprojectsglobal GDP growth of 5.1% in 2021, and for pre-virus levels of GDP to be reached in mid-2022 in the US and later in Europe. Smaller brands, such as Fisher Oven Roasted Never Fried nuts are also experiencing market share growth. & Son, Inc is $141,240. His net worth of $1.2 billion took a dip when he changed his political affiliation. In addition to making more money each day, Jim Kaat is becoming more well-known. The estimated Net Worth of Jeffrey T Sanfilippo is at least $17.1 million dollars as of 10 March 2021. Most importantly, from 2015 to 2019, the firm generated more in in free cash flow ($200 million) than it paid out in dividends ($153 million), or an average $9 million surplus each year. 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. In total, Jim Edgar has made about 30 transactions over 17 years of their time at Sanfilippo John B & Son Inc. Residents fear a change could lead to an entertainment operation on the property. John B. Sanfilippo & Son has beat earnings estimates in each of the past four quarters, and doing so again could send shares higher. As of 20 December 2022 he still owns at least 1,070 units of Sanfilippo (John B.) 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. & 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.) West Virginia Representative Alex Mooney, who has been very critical of Manchin and Biden, is the only other Republican who has declared his candidacy. & Son, Inc. James has made over 12 trades of the Sanfilippo (John B.) The current estimated net worth of Sanfilippo John B & Son Inc's Director, Jim Edgar, is estimated to be about $2.7M . His passion for musical instruments and machines helped shape his legacy. Sanfilippo's son, Jeffrey, wants Barrington Hills to create the new charitable giving zoning district that could be used for the mansion and the owners of other properties as a way to formally allow nonprofit fundraisers. "Nearly four in five GOP voters approve of Justice's job performance while more than three in five independents do," Easley said. On average, Sanfilippo (John B.) Mar 30, 2023. A GOP poll released in February and conducted by The Tarrance Group found that Justice will be Manchin's most formidable opponent if the incumbent senator does run again, Politico reported in February. Sanfilippo was the former CEO and Chairman of John B. Sanfilippo & Son, Inc., which he ran for nearly half a century. Mark Welsh | Staff Photographer. & Son, Inc, the total compensation of James Sanfilippo at Sanfilippo (John B.) . West Virginia Governor Jim Justice is seen on July 31, 2011, in White Sulphur Springs, West Virginia. This cash bonus is based on the Sanfilippo Value-Added Plan (SVA Plan). The current estimated net worth of Sanfilippo John B & Son Inc's Director, Jim Edgar, is estimated to be about $2.7M . & Son, Inc stock and bought 2,907,420 units worth $14,518,864 The oldest executive at Sanfilippo (John B.) Figure 5: John B. Sanfilippo & Son Revenue by Sales Channel TTM. $6.21M on December 19, 2008. Sharon LaDay Net Worth: How Rich is the Investor Actually? "He's even slightly more popular among Democrats than Manchin (52 percent approval vs. 49 percent approval). She thinks shes a person.. Considering his contributions to the retail industry over the past three decades, it is assumed that he would have earned an estimated net worth of over $5 million. Paddock Publications, Inc. is an Employee-Owned Company. Fresh from hosting an event in their pied-a-terre in the Trump Tower to raise money for St. Judes Childrens Research Hospital in Memphis, the duo is still on a highhaving raised a record-breaking amount that evening. He is mainly recognized for his thunderous voice and motivational lyrics in Lola Brooke is an American rapper and songwriter. He built an addition to display his collection of automated musical instruments, including music boxes, phonographs, coin-operated pianos and violin machines. & Son, Inc. However, Workman cautioned that "it's not as if [Manchin's] lost so much luster in the state," and that he would still be a formidable foe to Justice or any other Republican. $184.47K . Save my name, email, and website in this browser for the next time I comment. and Jeffrey Sanfilippo, Chief Executive Officer The most active insiders traders include Jeffrey T Sanfilippo, James J Sanfilippo, and Jasper Brian Jr Sanfilippo. He is best recognized for his songs, Without You, 40s Carla Diab Net Worth: How Rich is the TV Star Actually in 2023? In any scenario better than this one, JBSS holds significant upside potential, as Ill show. Last updated: 3 February 2023 at 7:45pm EST. 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.. & Son, Inc stock worth over $103,865 and over the last 15 years he sold JBSS stock worth over $2,788,151 This expectation seems overly pessimistic over the long term. Most recently he sold 13,049 units of JBSS stock worth $674,372 on 30 April 2015. over $699.04K on February 3, 2023. 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. Please check your download folder. 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. & Son, Inc executives and independent directors trade stock every 36 days with the average trade being worth of $4,070,786. Mr. Sanfilippo owns over 1,480 units of Sanfilippo (John B.) While talking about Goldin, he took Score Board public in 1987. & Son, Inc. James has made over 12 trades of the Sanfilippo (John B.) The estimated Net Worth of James J Sanfilippo is at least Sanfilippo (John B.) That looks like a tall task.". Jim Edgar usually trades in November, with the busiest year in 2015 and 2011. Goldin and his father later founded Score Board Inc. and were able to drag legends like Joe Dimaggio, Mantle, and Mays on their roster. 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. . Over the same time, the market-cap-weighted average of 22 other . & Son, Inc stock worth over $110,328 and over the last 15 years he sold JBSS stock worth over $2,788,151 Mr. Sanfilippo owns over 1,480 units of Sanfilippo (John B.) Mr. Sanfilippo owns over 5,435 units of Sanfilippo (John B.) During the defense's cross-examination of E. Jean Carroll, Trump's attorney asked the writer why she "did not scream" when she was "supposedly raped.". Per Figure 2, John B. Sanfilippo & Son's net operating profit after-tax (NOPAT) margin has improved from 4% in 2015 to 7% TTM. Despite this loss, Fisher Recipe continues to be the brand share leader in the recipe nuts category. 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. Sanfilippo Foundation Executive Director Greg Eifel said the organization has assisted in raising $16 million over the last 20 years through events at the Plum Tree Road property. In May 2007, Mr. Sanfilippo was named as our Treasurer and held that position until January 2009. This peer group includes the Kraft Heinz Co. (KHC), J&J Snack Foods (JJSF), Kellogg Company (K), General Mills (GIS), and more. This improved profitability is a testament to the firms investment in infrastructure (factory automation, machine upgrades) and increased distribution across the country. Sam Workman, director of the West Virginia University Institute for Policy Research and Public Affairs, told Newsweek via phone on Thursday that the "Inflation Reduction Act" is "difficult [for some West Virginians] to grapple with in terms of its emphasis on renewable energy.". 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. Continue with Recommended Cookies. Goldin and his fathers idea was to sign players to exclusive autograph contracts. Their 2-year old twins Enzo and Jasper are running outdoors without coats on for the first time this season, being chased by the familys two purse-sized pooches. He said fundraising events generally occur from March through early December, along with some days for guided tours. 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'. 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. The most active insiders traders include Jeffrey T Sanfilippo, James J Sanfilippo und Jasper Brian Jr Sanfilippo. I think its that we all have the common goal of making good things happen in the world.. & Son, Inc since 2009. By Jim Ryan Contributor. The majority of the amount came from trading cards. 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. The largest trade he's ever made was buying 1,385,231 units of Sanfilippo (John B.) You can see all the adjustments made to John B. Sanfilippo & Sons income statementhere. Per Figure 9, ROIC explains 76% of the difference in valuation for 23 different Packaged Food companies. Firms with cash flows greater than dividend payments have a higher likelihood to maintain and grow dividends. Some Barrington Hills residents are opposing a proposal for a new property zoning classification for the Sanfilippo Estate. Jim Edgar's largest sale order was 6,000 units , worth over That is not a gambling casino.". 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 . The estimated Net Worth of James J Sanfilippo is at least Sanfilippo (John B.) A Consensus Beat or Signs of Recovery Could Send Shares Higher. Figure 11 compares the firms implied future NOPAT in this scenario to its historical NOPAT. 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. With over 20 years of combined business, financial and legal experience, Krese Liked by Jim. 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. Figure 7: Orchard Valley Harvest % All Commodity Volume (ACV) in the U.S. John B. Sanfilippo & Son Benefits from Rising Snack Trends, On a macro-level, John B. Sanfilippo & Son is well-positioned to benefit from the growing interest in snack foods, as well as the increased consumption of nuts. In this scenario, John B. Sanfilippo & Sons NOPAT only grows by 2% compounded annually over the next decade (including a 70% YoY drop in 2020) and the stock is worth $109/share today a 33% upside to the current price. These sales represent less than 1% of shares outstanding. & Son, Inc stock on 23 March 2004 worth over $1,099,956. However, the owner of Me Salve has been involved in another company named Blue Water. There are chickens running around everywhere where I grew up in Brazil, explains Renata. As the Director of Sanfilippo (John B.) & Son, Inc stock on 17 December 2008 worth over $6,205,835. 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. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. Heres a summary of why I think the moat around John B. Sanfilippo & Sons business will enable it to continue to generate higher NOPAT than the current market valuation implies. & Son, Inc stock and bought 2,907,420 units worth $14,518,864 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. 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.
