There are few meals more satisfying than a peanut butter and jelly sandwich. So leave it to J.M. Smucker Company, parent company of Jif Peanut Butter and Smucker's fruit spreads made from every fruit imaginable, to come up with "Uncrustables," the ultimate "to go" sandwich. The frozen, pre-made sandwich, filled with peanut butter and jelly, crust removed and edges crimped shut, has been a favorite snack for millions of Americans since its debut in 1996. The popularity and convenience of the sandwich app ...

Key Takeaways The J.M. Smucker is driving long-term growth through innovation and portfolio discipline.Milk-Bone and Hostess brands benefit from refreshed offerings and SKU rationalization efforts.Uncrustables leads growth with broader distribution across convenience and away-from-home channels.The J.M. Smucker Company’s (SJM) strategy reflects a clear focus on innovation and portfolio discipline as key enablers of long-term growth. The company continues to strengthen its core brands, streamline its assortm ...

This week's hot new legal drama can be found in the frozen foods aisle. Packaged foods giant JM Smucker filed a lawsuit Monday with the US District Court of Northern Ohio alleging that grocery chain Trader Joe's has unfairly infringed on its rights with a crustless peanut butter and jelly sandwich.Trader Joe's "launched an obvious copycat" of Smucker's Uncrustables, Smucker lawyers say in the filings. They highlight the similarities between the two products' crimped edges and a specific shade of blue in th ...

Core Viewpoint - The J.M. Smucker Co. has filed a federal lawsuit against Trader Joe's, alleging that the latter has copied its Uncrustables frozen sandwiches, claiming that the similarities in design and packaging infringe on Smucker's intellectual property rights [1][2]. Group 1: Lawsuit Details - Smucker's lawsuit was filed in Ohio federal court, asserting that Trader Joe's round, crustless sandwiches with crimped edges closely imitate Uncrustables [1]. - The company does not object to other brands selling similar products but insists that Trader Joe's cannot use Smucker's intellectual property for such sales [2]. - Smucker claims that Trader Joe's packaging design violates its trademarks, specifically citing the use of similar blue lettering and imagery [5]. Group 2: Customer Confusion - The lawsuit argues that the similarities between the products have already led to customer confusion, referencing a social media post where a user mistakenly believed Trader Joe's sandwiches were produced by Smucker [7]. Group 3: Legal Demands - Smucker is seeking restitution and a court order for Trader Joe's to destroy the infringing sandwich products and their packaging [8].

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against J.M. Smucker Company for possible violations of federal securities laws and unlawful business practices affecting stockholders [1][2]. Investigation Details - The investigation is focused on the financial performance and business practices of Smucker, particularly following significant impairment charges and disappointing sales results in its Sweet Baked Snacks segment [6]. Financial Performance - On November 7, 2023, Smucker completed the acquisition of Hostess Brands for approximately $5.5 billion, with $2.4 billion recorded as goodwill in the Sweet Baked Snacks segment [6]. - On February 27, 2025, Smucker reported a Q3 2025 net sales decrease of 8% in Sweet Baked Snacks, alongside a $794 million impairment charge related to goodwill and a $208 million impairment charge for the Hostess Brand trademark [6]. - On June 10, 2025, the company announced a Q4 2025 net sales decrease of 14% in Sweet Baked Snacks, with an additional $867 million impairment charge for goodwill and a $113 million impairment charge for the Hostess Brand trademark [6]. - Following these announcements, Smucker's share price fell by $17.44, or approximately 15.59%, closing at $94.41 per share on June 10, 2025 [6].

Core Viewpoint - The J.M. Smucker Co. is suing Trader Joe's, claiming that the grocery chain's new frozen peanut butter and jelly sandwiches infringe on Smucker's trademarks due to their similar design and packaging [1][4]. Group 1: Lawsuit Details - Smucker alleges that Trader Joe's sandwiches have the same pie-like crimp markings and round, crustless design as its Uncrustables, which violates its trademarks [1][6]. - The lawsuit states that the blue color of the packaging used by Trader Joe's is identical to that of Smucker's Uncrustables, further infringing on its trademarks [2][3]. - Smucker claims that the visual representation of a sandwich with a bite taken out of it on Trader Joe's packaging is also similar to Uncrustables, contributing to customer confusion [3][8]. Group 2: Brand Development and Investment - Smucker has invested over $1 billion in developing the Uncrustables brand over the past 20 years, focusing on perfecting the product and expanding its flavor offerings [7]. - The company emphasizes that it does not oppose the sale of other crustless sandwiches but cannot allow others to use its intellectual property for their sales [3][6]. Group 3: Previous Legal Actions - This lawsuit is not the first instance of Smucker protecting its Uncrustables brand; in 2022, it sent a cease and desist letter to a Minnesota company for producing similar products [13]. - The lawsuit follows a recent similar case where Mondelez International sued Aldi for packaging that resembled its well-known brands [14].

US manufacturer JM Smucker has reportedly taken aim at one of the country’s foremost retailers with a lawsuit centred on the Uncrustables brand. According to media reports in the US, JM Smucker has filed a suit in Ohio accusing Trader Joe’s of selling sandwiches that mimic its Uncrustables products. In a document posted online by Reuters detailing the lawsuit, the manufacturer claimed Trader Joe’s “has launched an obvious copycat” with its own Crustless Peanut Butter & Strawberry Jam sandwiches. “Smucke ...

Economic Indicators - China's September exports rose by +8.3% year-on-year, exceeding expectations of +6.6% and marking the largest increase in six months [1] - September imports in China increased by +6.4% year-on-year, surpassing expectations of +1.8% and representing the largest rise in 17 months [1] Market Reactions - Stock indexes experienced a sharp rise on Monday, recovering some losses from the previous Friday's plunge, driven by a softening of the Trump administration's rhetoric towards China [5][6] - The S&P 500 Index closed up +1.56%, the Dow Jones Industrials Index rose by +1.29%, and the Nasdaq 100 Index increased by +2.18% [6] Corporate Earnings - More than 22% of S&P 500 companies provided guidance for Q3 earnings that are expected to exceed analysts' expectations, the highest in a year [10] - Q3 profits are projected to rise by +7.2%, the smallest increase in two years, while sales growth is expected to slow to +5.9% from 6.4% in Q2 [10] Sector Performance - Chipmakers and AI infrastructure stocks rallied, with Broadcom's shares jumping over +9% following a multi-year agreement with OpenAI [5][15] - Rare earth stocks surged due to tensions between China and the US, with Critical Metals closing up more than +53% [17] - Mining stocks also increased as gold prices rose more than +3% to an all-time high, benefiting companies like Coeur Mining and Newmont [18] Upcoming Events - The market will focus on trade or tariff news and attempts to reopen the government, with major banks set to release Q3 earnings results [9]

Jif peanut butter maker J.M. Smucker Company on Monday sued Trader Joe's in federal court, accusing the national grocery chain of infringing trademarks tied to its popular Uncrustables brand of frozen... ...

Core Insights - The J.M. Smucker Company's coffee portfolio demonstrated strong performance in fiscal 2026, leading to an increase in net sales guidance from 2-4% to 3-5% growth [1] Coffee Segment Performance - U.S. Retail Coffee segment sales increased by 15% year over year to $717.2 million in Q1, with pricing contributing 18 percentage points to this growth, despite a 2% decline in volume due to higher prices and elevated green coffee tariffs [2][10] - Segment profit decreased by 22% to $134.2 million, impacted by higher commodity costs, unfavorable product mix, and increased marketing expenses [2][10] - Management raised full-year coffee expectations by approximately $100 million, anticipating pricing to remain in the mid-20 percent range for the remainder of fiscal 2026 [3][10] Cost and Tariff Challenges - The company is facing challenges from higher costs and tariffs, with expectations that tariffs exceeding 10% will reduce earnings per share by 50 cents this year [4] - Despite these challenges, management remains confident in the strength of its coffee brands and aims to provide good value to consumers [4] Future Outlook - J.M. Smucker expects the coffee business to continue as a significant growth driver, with anticipated sequential improvement throughout the year and the strongest coffee margins projected for Q4, reaching the mid-20 percent range [5][6] - The coffee segment is viewed as both a near-term cushion and a long-term growth driver for the company [6] Stock Performance - J.M. Smucker currently holds a Zacks Rank of 3 (Hold) and has seen its shares increase by 0.3% over the past three months, contrasting with a 5.1% decline in the industry [7]