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, ...

The J. M. Smucker Company SJM reported upbeat quarterly earnings, but lowered its annual outlook. JM Smucker reported quarterly earnings of $2.44 per share which beat the analyst consensus estimate of $2. 17 per share. The company reported quarterly sales of $2.13 billion which met the analyst consensus estimate. "These results are driven by the focus we have established and progress we have made in delivering our core business, successfully integrating Hostess Brands, and achieving our goals for transforma ...

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 ...

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: July 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 ____________ ...

The J. M. Smucker Company (NYSE:SJM) Q1 2025 Earnings Conference Call August 28, 2024 9:00 AM ET Company Participants Crystal Beiting - Vice President of Investor Relations and FP&A Mark Smucker - Chair of the Board, President and Chief Executive Officer Tucker Marshall - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Capital Kenneth Goldman - JPMorgan Chase & Co. Robert Moskow - TD Cowen Peter Galbo - Bank of America Merrill Lynch Matthew Smith - Stifel, Nicolaus & Company Tho ...

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 ...