The market expects Smucker (SJM) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on N ...

ORRVILLE, Ohio, Nov. 7, 2024 /PRNewswire/ --The J.M. Smucker Co. (NYSE: SJM) today celebrated the opening of its newest manufacturing facility in McCalla, Alabama, which will support production of one of the Company's fastest growing brands, Uncrustables®. Company leadership, including Chair of the Board, President and CEO, Mark Smucker, along with local and state leadership, including Governor Kay Ivey, were in attendance for the grand opening event. The 900,000-square-foot manufacturing facility will incr ...

J.M. Smucker has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.7% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its u ...

ORRVILLE, Ohio, Nov. 5, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) will release its second quarter fiscal 2025 financial results on Tuesday, November 26, 2024. A press release, including financial statements and segment information, supplemental materials, pre-recorded management remarks, and a transcript of the pre-recorded remarks will be available beginning at 7:00 a.m. Eastern Standard Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, Pre ...

ORRVILLE, Ohio, Oct. 24, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced its Board of Directors approved a $1.08 per share dividend on the common shares of the Company. The dividend will be paid on Monday, December 2, 2024, to shareholders of record at the close of business on Friday, November 15, 2024.About The J.M. Smucker Co.At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse family of brands available across North America. We are pro ...

ORRVILLE, Ohio, Oct. 22, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) announced today it has entered into a definitive agreement to sell its Voortman® cookie brand to Second Nature Brands, a U.S.-based creator of premium snacks and treats controlled by CapVest Partners LLP. The all-cash transaction is valued at approximately $305 million, subject to a working capital adjustment. The decision reflects the Company's continued commitment to optimize its portfolio and reallocate resources to its core g ...

NoDerog I have been very skeptical of The J. M. Smucker Company (NYSE:SDM) stock for quite a while, as the management has adopted a rather unpopular approach to grow the business through large acquisitions. It usually takes time before poor eapital allocations translate into the share price, and this did happen for $JM in calendar year 2023. Following the drop, I turned neutral on the stock in December, but also highlighted some ongoing risks for sharcholders. Since then, SJM stock continued to disappoint, ...

Jif peanut butter owner J.M. Smucker cut annual sales and profit forecasts on Wednesday, hurt by cost-conscious consumers switching to lower-priced alternatives amid sticky inflation. While the company increased prices for certain products, including frozen food, to offset soaring raw material costs, it expects lower annual sales as shoppers defer spending on pricier goods. The company has seen weaker demand for its discretionary categories, including pet food and sweet baked snacks, as lower-income consume ...

Key Takeaways J.M. Smucker reduced its full-year outlook Wednesday as inflation cut into consumer discretionary spending. Fiscal 2025 first-quarter revenue was also slightly below estimates. CEO Mark Smucker explained that the pullback by consumers has particularly hit sales of its Hostess products. Shares of J.M. Smucker (SJM) dropped Wednesday after the food maker's quarterly sales came in slightly below forecasts and it cut its full-year guidance as inflation limited consumer spending for its products. T ...

The J. M. Smucker Company (SJM) posted first-quarter fiscal 2025 results, wherein the top and bottom lines increased year over year, and earnings beat the Zacks Consensus Estimate. However, the company lowered its guidance for fiscal 2025 due to the dynamic consumer landscape and a rise in green coffee costs. Shares of SJM have dipped more than 4% in the pre-market trading session following the release. On the brighter side, J. M. Smucker's ability to achieve net sales and earnings growth despite a tough co ...