J. M. Smucker(SJM)
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Will SJM's Coffee and Snacks Portfolio Drive Success in 2025?
ZACKS· 2025-01-03 11:51
The J. M. Smucker Company (SJM) has demonstrated its ability to navigate a dynamic market environment, showcasing resilience in its core categories and strategic execution. With a robust portfolio of brands such as Uncrustables, Meow Mix, Cafe Bustelo and Jif, the company achieved organic net sales and earnings growth in the second quarter of fiscal 2025.Factors Driving Growth for The J. M. Smucker StockThe J. M. Smucker remains committed to its strategic priorities, which include focusing on growing volume ...
Is The J.M. Smucker Stock Worth a Buy at a P/E Multiple of 10.8X?
ZACKS· 2024-12-27 15:01
The J. M. Smucker Company (SJM) is trading at a forward 12-month price-to-earnings (P/E) ratio of 10.81 compared with the Zacks Food – Miscellaneous industry’s 15.37. This valuation gap highlights the stock's attractiveness for value-oriented investors seeking potential upside in an otherwise competitive sector. Strengthening its appeal, SJM boasts a Value Score of A, a metric that underscores its favorable position.SJM Stock Looks UndervaluedImage Source: Zacks Investment ResearchHowever, a closer look at ...
The J. M. Smucker Company Announces Pricing for Cash Tender Offers
Prnewswire· 2024-12-17 20:48
ORRVILLE, Ohio, Dec. 17, 2024 /PRNewswire/ -- The J. M. Smucker Company (the "Company") (NYSE: SJM) today announced the pricing terms for its previously announced cash tender offers (each, an "Offer" and collectively, the "Offers") to purchase up to $300 million aggregate purchase price, not including accrued and unpaid interest (the "Offer Cap"), of the Company's validly tendered (and not validly withdrawn) notes set forth below (the "Notes") using a "waterfall" methodology under which the Company will acc ...
The J. M. Smucker Company Announces Early Tender Results of Previously Announced Cash Tender Offers
Prnewswire· 2024-12-17 13:30
ORRVILLE, Ohio, Dec. 17, 2024 /PRNewswire/ -- The J. M. Smucker Company (the "Company") (NYSE: SJM) today announced the early results of its previously announced cash tender offers (each, an "Offer" and collectively, the "Offers") for its validly tendered (and not validly withdrawn) notes set forth below (collectively, the "Notes"). The Offers are being made pursuant to an Offer to Purchase, dated December 3, 2024 (the "Offer to Purchase"), which sets forth a description of the terms of the Offers. The foll ...
The J. M. Smucker Company Announces Cash Tender Offers
Prnewswire· 2024-12-03 21:15
ORRVILLE, Ohio, Dec. 3, 2024 /PRNewswire/ -- The J. M. Smucker Company (the "Company") (NYSE: SJM) today announced that it has commenced cash tender offers (each, an "Offer" and collectively, the "Offers") for the maximum principal amount of validly tendered (and not validly withdrawn) notes set forth below (collectively, the "Notes"), such that the aggregate purchase price, not including accrued and unpaid interest, payable in respect of such Notes will not exceed $300 million.The Offers are being made pur ...
J.M. Smucker Divests Voortman to Sharpen Focus on Core Growth
ZACKS· 2024-12-03 14:05
The J.M. Smucker Co.’s (SJM) divestiture of the Voortman business to Second Nature Brands is a strategic effort to optimize its portfolio and focus on the company’s core growth areas. The deal, valued at $305 million, was originally announced on Oct. 22, 2024 and includes the Voortman trademarks, the company's leased manufacturing facility in Burlington, Ontario and the transfer of approximately 300 employees to Second Nature Brands. This sale is part of J.M. Smucker's ongoing strategy to optimize its portf ...
J. M. Smucker(SJM) - 2025 Q2 - Quarterly Report
2024-11-26 21:15
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________________________________ FORM 10-Q ___________________________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTIONS 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: October 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-5111 _________ ...
JM Smucker Stock Jumps as Jam Maker Beats Profit Estimates and Boosts Its Outlook
Investopedia· 2024-11-26 20:20
Key TakeawaysJ.M. Smucker shares surged Tuesday after the food company posted better-than-expected earnings and boosted its outlook as frozen foods and coffee lifted sales.The company pointed to gains in sales of its Uncrustables, Meow Mix, Cafe Bustelo, and Jif products.CEO Mark Smucker said the firm is focusing on integrating Hostess Brands, which it bought last year. J.M. Smucker (SJM) shares gained Tuesday after the food company beat profit forecasts and raised its outlook on booming sales of its frozen ...
SJM Stock Gains 6% on Q2 Earnings Beat, Improved Volume/Mix
ZACKS· 2024-11-26 17:20
The J. M. Smucker Company (SJM) posted robust second-quarter fiscal 2025 results, wherein both the top and bottom lines increased year over year and beat the Zacks Consensus Estimate. Shares of the company rose nearly 6% in the pre-market trading session on Tuesday.The company's strong fiscal second-quarter performance reflects the resilience of its categories and the effective execution of key growth strategies. Organic net sales and earnings growth were driven by strong contributions from brands such as U ...
Here's Why J.M. Smucker Stock Jumped Today
The Motley Fool· 2024-11-26 15:47
Shares of J.M. Smucker (SJM 7.51%) jumped on Tuesday morning after the company reported strong profits for its fiscal 2025 second quarter and raised its full-year guidance. As of 10:40 a.m. ET, the stock was up by about 8%.Profits for this food company are strongWhen it comes to Smucker, many people only think about jams and jellies, but in recent years, it has diversified its food portfolio to include coffee, pet food, and -- with its acquisition of Hostess about a year ago -- snack cakes.J.M. Smucker gre ...