INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The J.M. Smucker Company - SJM

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]