John B. Sanfilippo & Son, Inc. (NASDAQ:JBSS) Q3 2024 Earnings Call Transcript

However, I am confident in the strategic investments we have made in our people, our customers and capabilities to overcome these challenges and continue to deliver strong operating results and create long-term value for our shareholders. We are also cautiously optimistic that consumer demand will stabilize and slowly begin to recover in the core nut and trail mix categories. We will continue as our cost structure, product portfolio, and flexibility as we respond to ongoing macroeconomic volatility. Our company and our team of dedicated leaders and frontline associates throughout the organization remains steadfast and strong. We have always adapted quickly to overcome headwinds. Our insights, innovation, R&D, marketing, sales, and operation teams are laser-focused on consumer behavior and consumption trends to develop new products, pursue new branded opportunities, and support increased demand from our private brand retail partners.

We have the right strategies, talent, and business model to continue to grow and provide exceptional value and innovation for our customers and consumers. We appreciate your participation in the call, and thank you for your interest in our company. I’ll now turn the call back over to Michelle to open the line for questions. Michelle?

Operator: A – [Operator Instructions] I’m not showing any questions. I’d like to turn the call back over to Jeffrey B. Sanfilippo for closing remarks.

Jeffrey Sanfilippo: We appreciate your participation in the call today, and thank you for your interest in our company. Thank you, and have a great day.

Operator: Thank you for your participation. This does conclude the program, and you may now disconnect. Everyone, have a great day.