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

Core Insights - Pomerantz LLP is investigating claims on behalf of investors of The J.M. Smucker Company regarding potential securities fraud or unlawful business practices by the company and its officers [1] Company Performance - On November 7, 2023, Smucker announced the acquisition of Hostess Brands for approximately $5.5 billion, with $2.4 billion recorded as goodwill in the Sweet Baked Snacks segment [3] - On February 27, 2025, Smucker reported disappointing Q3 2025 results, including an 8% decrease in comparable net sales in the Sweet Baked Snacks segment, a $794 million impairment charge related to goodwill, a $208 million impairment charge for the Hostess Brand trademark, and a $268 million loss on the disposal of the Voortman business [3] - On June 10, 2025, Smucker reported further disappointing Q4 2025 results, with a 14% decrease in comparable net sales in Sweet Baked Snacks, an additional $867 million impairment charge related to goodwill, and an additional $113 million impairment of the Hostess Brand trademark [3] - The company updated its 2026 financial plan to reflect decreased net sales in the Sweet Baked Snacks segment, citing sustained underperformance since the acquisition [3] - Following the announcement of Q4 results, Smucker's stock price fell by $17.44 per share, or 15.59%, closing at $94.41 per share [3]