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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 8.179bninsalesand8.179bn 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 2.66easilytoppedtheWallStreetconsensusof2.66 easily topped the Wall Street consensus of 2.33, but revenue ...