Why John B. Sanfilippo Stock Was Soaring Earlier Today
Shares of John B. Sanfilippo & Son (NASDAQ: JBSS) were up 14% as of 1:52 p.m. ET on Thursday after reporting strong second-quarter earnings results.
The company posted a jump in sales of 24.7% year over year on the back of strong volumes. Strong sales volumes pushed profits up 41% over the year-ago quarter.
Year to date, the stock has now fallen 10.8%, which slightly outperforms the S&P 500 index.
Source Fool.com
