Smucker (SJM) reported $2.13 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 17.7%. EPS of $2.44 for the same period compares to $2.21 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.13 billion, representing a surprise of -0.42%. The company delivered an EPS surprise of +11.93%, with the consensus EPS estimate being $2.18. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

Smucker (SJM) came out with quarterly earnings of $2.44 per share, beating the Zacks Consensus Estimate of $2.18 per share. This compares to earnings of $2.21 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 11.93%. A quarter ago, it was expected that this food maker would post earnings of $2.32 per share when it actually produced earnings of $2.66, delivering a surprise of 14.66%. Over the last four quarters, the company has s ...

THE J.M. SMUCKER C. FISCAL 2025 FIRST QUARTER RESULTS SUPPLEMENTARY INFORMATION August 28, 2024 EXECUTIVE SUMMARY Net sales increased 18%. Comparable net sales (A) increased 1%. Net income per diluted share was $1.74. Adjusted earnings per share was $2.44, an increase of 10%. Free cash flow was $49.2 million, compared to $67.6 million in the prior year. Updated full-year fiscal 2025 financial outlook. (A) Excludes the noncomparable impact to net sales of the Hostess Brands acquisition, divestitures, and for ...

Exhibit 99.1 The J.M. Smucker Co. Announces Fiscal 2025 First Quarter Results ORRVILLE, Ohio, Aug. 28, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced results for the first quarter ended July 31, 2024, of its 2025 fiscal year. Financial results for the first quarter of fiscal year 2025 reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, and divestiture of the Sahale Snacks business on N ...

ORRVILLE, Ohio, Aug. 28, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced results for the first quarter ended July 31, 2024, of its 2025 fiscal year. Financial results for the first quarter of fiscal year 2025 reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, and divestiture of the Sahale Snacks® business on November 1, 2023. All comparisons are to the first quarter of the prior fiscal ...

The J. M. Smucker Company (SJM) is likely to register top-line growth when it reports first-quarter fiscal 2025 earnings on Aug 28. The Zacks Consensus Estimate for revenues is pegged at $2.1 billion, which indicates an increase of 18.2% from the prior-year quarter's reported figure. However, the bottom line is likely to decline 1.4% year over year in the fiscal first quarter. The consensus mark for quarterly earnings has moved down by a penny in the past 30 days to $2.18 per share. SJM has a trailing four- ...

The upcoming report from Smucker (SJM) is expected to reveal quarterly earnings of $2.18 per share, indicating a decline of 1.4% compared to the year-ago period. Analysts forecast revenues of $2.13 billion, representing an increase of 18.2% year over year. The consensus EPS estimate for the quarter has been revised 0.8% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a comp ...

Smucker (SJM) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on August 28, 2024, might help the stock move higher if these key numbers are better than expectat ...

The J.M. Smucker Co. (SJM) underlined its robust financial health and commitment to shareholders by announcing a 2% hike in its quarterly dividend. The new dividend payout stands at $1.08 per share, up from $1.06. The hiked dividend will be paid on Sep 3, 2024, to shareholders of record as of Aug 16, 2024. Management continues its dedication to delivering value to shareholders, marking the 23rd consecutive fiscal year of increasing dividends. Such consistent increases underscore the company's stable and rel ...

ORRVILLE, Ohio, July 12, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced its Board of Directors approved an increase in the quarterly dividend from $1.06 to $1.08 per common share, an increase of two percent. The next dividend will be paid on Tuesday, September 3, 2024, to shareholders of record at the close of business on Friday, August 16, 2024. The Company remains committed to returning value to shareholders, as this represents the 23rd consecutive fiscal year of dividend growth. Ab ...