Core Viewpoint - J.M. Smucker Company is under investigation for potential violations of federal securities laws following significant impairment charges related to its Sweet Baked Snacks segment and the Hostess brand trademark, which have led to a substantial decline in stock price [1][3]. Group 1: Company Overview - J.M. Smucker manufactures and markets branded food and beverage products, including the recently acquired Hostess Brands, Inc., which specializes in sweet baked goods [2]. - The company characterized the Hostess acquisition as "highly complementary," suggesting positive underlying trends in the snacking category [2]. Group 2: Financial Performance - In Q4 2025, J.M. Smucker reported an $867 million impairment charge related to the goodwill of its Sweet Baked Snacks segment and a $113 million impairment charge for the Hostess brand trademark due to ongoing underperformance [3]. - Following the announcement of these impairment charges, J.M. Smucker's stock price dropped by $17.44, or over 18%, from $111.85 on June 9, 2025, to $94.41 on June 10, 2025 [3].

Core Viewpoint - J.M. Smucker Company is under investigation for potential violations of federal securities laws following significant impairment charges related to its Sweet Baked Snacks segment and the Hostess brand trademark, which have led to a notable decline in stock price [1][3]. Group 1: Company Overview - J.M. Smucker manufactures and markets branded food and beverage products, including the recently acquired Hostess Brands, Inc., which specializes in sweet baked goods [2]. - The company characterized the Hostess acquisition as "highly complementary," suggesting positive underlying trends in the snacking category [2]. Group 2: Financial Performance - In Q4 2025, J.M. Smucker reported an $867 million impairment charge related to the goodwill of its Sweet Baked Snacks segment and a $113 million impairment charge for the Hostess brand trademark due to ongoing underperformance [3]. - Following the announcement of these impairment charges, J.M. Smucker's stock price dropped by $17.44 per share, or over 18%, from $111.85 on June 9, 2025, to $94.41 on June 10, 2025 [3].

NEW YORK, July 30, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against J.M. Smucker Company ("Smucker" or the "Company") (NYSE:SJM) on behalf of Smucker stockholders. Our investigation concerns whether Smucker has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On November 7, 2023, Smucker announced the closing of a transaction to ...

Core Insights - The J.M. Smucker Company is under investigation for potential violations of federal securities laws and unlawful business practices [1][3] 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 [3] - For Q3 2025, Smucker reported a comparable net sales decrease of 8% in the Sweet Baked Snacks segment, alongside a $794 million impairment charge related to goodwill and a $208 million impairment charge for the Hostess Brand trademark [3] - In Q4 2025, Smucker experienced a further 14% decrease in comparable net sales in the Sweet Baked Snacks segment, incurring an additional $867 million impairment charge for goodwill and a $113 million impairment charge for the Hostess Brand trademark [4] - Following the disappointing Q4 results, Smucker's share price fell by $17.44, or approximately 15.59%, closing at $94.41 per share on June 10, 2025 [4] Strategic Outlook - The company updated its 2026 financial plan to reflect decreased net sales in the Sweet Baked Snacks segment, indicating sustained underperformance since the acquisition of Hostess Brands [4]

Core Viewpoint - The J.M. Smucker Company is under investigation for potential violations of federal securities laws and unlawful business practices following disappointing financial results and significant impairment charges related to its Sweet Baked Snacks segment and the Hostess Brands acquisition [1][3][4]. 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 [3]. - For Q3 2025, Smucker reported an 8% decrease in comparable net sales in the Sweet Baked Snacks segment, alongside a $794 million impairment charge related to goodwill and a $208 million impairment charge for the Hostess Brand trademark [3]. - In Q4 2025, the company experienced a further 14% decrease in comparable net sales in the Sweet Baked Snacks segment, incurring an additional $867 million impairment charge for goodwill and a $113 million impairment charge for the Hostess Brand trademark [4]. - Following the Q4 results, Smucker's share price fell by $17.44, or approximately 15.59%, closing at $94.41 per share [4]. Strategic Implications - The company has revised its 2026 financial plan to account for the sustained underperformance of the Sweet Baked Snacks segment, contradicting previous assurances about synergies driving sustainable growth [4].

Core Viewpoint - The J.M. Smucker Company experienced a significant decline in share price following disappointing Q4 2025 financial results, leading to an investigation into potential securities law violations related to its acquisition of Hostess Brands [1][2][8]. Financial Performance - In Q3 2025, Smucker reported a comparable net sales decrease of 8% in its Sweet Baked Snacks segment, alongside a $794 million impairment charge related to goodwill and a $208 million impairment charge for the Hostess Brand trademark [6]. - Q4 2025 results showed a further 14% decrease in comparable net sales for Sweet Baked Snacks, with an additional $867 million impairment charge for goodwill and a $113 million impairment of the Hostess Brand trademark [7][8]. - The total impairment charges in Q4 amounted to 18% of the Hostess acquisition price, raising concerns about the company's previous assurances regarding synergies and sustainable growth [7][8]. Acquisition Details - The acquisition of Hostess Brands was completed on November 7, 2023, for approximately $5.5 billion, with $2.4 billion recorded as goodwill in the Sweet Baked Snacks segment [3][4]. - The acquisition included several well-known brands and manufacturing facilities across multiple states in the U.S. and Canada [4]. Investigation and Legal Concerns - Hagens Berman has initiated an investigation into whether Smucker may have misrepresented the benefits of the Hostess acquisition and whether it delayed the recognition of impairment charges [2][9]. - The investigation is focused on the potential impact of the company's financial disclosures on shareholder value, which saw a loss of about $1.8 billion following the Q4 results announcement [8].

On this news, Smucker's stock price fell $17.44 per share, or 15.59%, to close at $94.41 per share on June 10, 2025. CONTACT: [Click here for information about joining the class action] Danielle Peyton Pomerantz LLP dpeyton@pomlaw.com 646-581-9980 ext. 7980 On November 7, 2023, Smucker announced the closing of a transaction to acquire Hostess Brands for about $5.5 billion, $2.4 billion of which was recorded as goodwill in SJM's Sweet Baked Snacks segment. On February 27, 2025, Smucker announced disappointin ...

Core Insights - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by The J.M. Smucker Company and its officers or directors [1] - Smucker's acquisition of Hostess Brands for approximately $5.5 billion has led to significant financial challenges, including substantial impairment charges and declining sales in the Sweet Baked Snacks segment [2] Financial Performance - On November 7, 2023, Smucker completed the acquisition of Hostess Brands, recording $2.4 billion as goodwill in the Sweet Baked Snacks segment [2] - Q3 2025 results showed an 8% decrease in comparable net sales for Sweet Baked Snacks, alongside a $794 million impairment charge related to goodwill and a $208 million impairment charge for the Hostess Brand trademark [2] - Q4 2025 results revealed a further 14% decrease in comparable net sales for Sweet Baked Snacks, with an additional $867 million impairment charge for goodwill and a $113 million impairment charge for the Hostess Brand trademark [2] - Following these disappointing results, Smucker's stock price dropped by $17.44 per share, or 15.59%, closing at $94.41 per share on June 10, 2025 [2] Strategic Outlook - The company has revised its 2026 financial plan, indicating decreased net sales in the Sweet Baked Snacks segment due to sustained underperformance since the acquisition [2]

Key Takeaways SJM raised coffee prices to counter green coffee inflation and tariff-driven import cost increases. U.S. Retail Coffee sales rose 11% in Q4 FY25 on stronger net pricing, though volume/mix stayed flat. FY26 outlook expects 20% pricing but a 10% volume drop as consumers react to higher coffee prices.The J.M. Smucker Company’s ((SJM) coffee prices are influenced by several factors like raw ingredient costs, tariffs, evolving consumer patterns and broader market volatility. The company has been ...

Key Takeaways SJM raised its quarterly dividend by 2% to $1.10 per share, marking 24 consecutive years of growth. SJM boasts a 4.1% yield and 43% payout ratio, supporting dividend sustainability. SJM plans to cut $500M in debt annually, targeting a 3.0x net debt/EBITDA ratio by fiscal 2027.The J.M. Smucker Co. (SJM) has once again rewarded its shareholders by increasing its quarterly dividend from $1.08 to $1.10 per share — a 2% hike. This marks the company’s 24th consecutive fiscal year of dividend growt ...