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J. M. Smucker: Snack On This High Yield And Low P/E Staples Stock
SJMJ. M. Smucker(SJM) Seeking Alpha·2024-06-13 05:03

According to Bank of America Global Research, SJM is one of the largest U.S. food manufacturing and foodservice companies, with $8.179bn in sales and $1.636bn in sales and operating profit in FY24 across its five main sectors: U.S. Retail Frozen Handheld and Spreads, U.S. Retail Prozen Handheld and Spreet Baked Snacks and International and Away from Home. Earlier this month, SIM reported a mixed set of quarterly results. Q4 non-GAAP EPS of $2.66 easily topped the Wall Street consensus of $2.33, but revenue ...