Retailer shares summer grocery haul, lowers prices on thousands of grocery staplesCINCINNATI, July 9, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's grocer, today shared a summer meals grocery haul, serving five days of delicious kid-friendly lunches for less than $50. From affordable meals solutions to lowering prices on thousands of grocery staples across the store, Kroger is turning summer shopping into a season of savings. Kroger makes summer lunches easy and affordable. "As summer is in ...

Group 1: Leadership Changes - Wendy's CEO Kirk Tanner is leaving the company after just over a year to take the CEO position at Hershey [1][3] - Tanner will depart Wendy's on July 18, and CFO Ken Cook has been appointed as interim CEO while a search for a permanent replacement is underway [3] Group 2: Company Performance - Wendy's has been experiencing muted sales, with its stock down nearly 31% this year, indicating challenges in growth initiatives [1][4][7] - The company is set to report its second quarter results on August 8 [3] Group 3: Hershey's Situation - Hershey announced Tanner's appointment as it faces higher tariff-related costs and elevated cocoa prices amid consumer spending uncertainty [4][8] - Hershey is expected to report its earnings on July 30 [9] Group 4: Analyst Insights - Analysts suggest that Tanner's experience at PepsiCo will be beneficial for Hershey as it navigates current challenges [9] - Wendy's underperformance compared to key peers indicates that its growth initiatives have not yet gained meaningful traction [4][7]

Core Point - Mondelēz Global LLC has announced a voluntary recall of specific RITZ Peanut Butter Cracker Sandwiches due to potential mislabeling that could pose a risk to individuals with peanut allergies [1][5]. Product Recall Details - The recall affects four carton sizes: 8-pack, 20-pack, and 40-pack of RITZ Peanut Butter Cracker Sandwiches, as well as the 20-pack RITZ Filled Cracker Sandwich Variety Pack [1][2]. - The affected products may be incorrectly labeled as Cheese variety, while they actually contain Peanut Butter [1][5]. - All outer cartons are correctly labeled and include an allergen advisory statement indicating the presence of peanuts [2]. Specific Product Information - The recalled products include: - 11.4 oz. RITZ Peanut Butter Cracker Sandwiches (8 Count) with Best When Used By Dates of NOV 25 and JAN 26 [3]. - 27.6 oz. RITZ Peanut Butter Cracker Sandwiches (20 Count) with Best When Used By Dates of NOV 25 and JAN 26 [3]. - 55.2 oz. RITZ Peanut Butter Cracker Sandwiches (40 Count) with Best When Used By Dates of NOV 25 and JAN 26 [3]. - 27.3 oz. RITZ Filled Cracker Sandwich 20-Count Variety Pack with Best When Used By Dates of NOV 25 [3]. Consumer Guidance - Consumers with peanut allergies are advised not to consume the affected products and to discard them [6]. - Mondelēz Global LLC has set up a consumer hotline for further information regarding the recall [6]. Company Overview - Mondelēz International, Inc. reported net revenues of approximately $36.4 billion in 2024 and operates in over 150 countries with a portfolio of iconic brands [7].

ORRVILLE, Ohio, June 26, 2025 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced its commitment to remove FD&C colors from all consumer food products by the end of calendar year 2027. While the majority of the Company's consumer foods are already free of FD&C colors, this removal will impact its sugar-free fruit spreads and ice cream toppings as well as certain products from its Hostess® brand portfolio. In addition, a majority of the Company's products currently available to K-12 schools do n ...

FY24 Year End Investor Update NASDAQ: JBSS Proprietary & Confidential | John B. Sanfilippo & Son, Inc. Forward-Looking Statements Some of the statements in this presentation and any statements by management constitute "forward-looking statements" about John B. Sanfilippo & Son, Inc. Such statements include, in particular, statements about our plans, strategies, business prospects, changes and trends in our business and the markets in which we operate. In some cases, you can identify forward-looking statemen ...

Core Viewpoint - J.M. Smucker's stock has significantly declined following its fourth-quarter fiscal 2025 results and updated fiscal 2026 guidance, presenting a potential buying opportunity due to its high-yield dividend and attractive valuation [1][2]. Financial Performance - Net sales decreased by 3% year over year in Q4, but increased by 7% for the full fiscal year [4] - Adjusted earnings per share (EPS) rose by 2% to $10.12, with fiscal 2026 guidance expecting net sales growth of 2% to 4% and adjusted EPS to decline to between $8.50 and $9.50 [4] - Free cash flow (FCF) for fiscal 2025 was $816.6 million, covering $455.4 million in dividend payments, with expectations for FCF to rise to $875 million in fiscal 2026 [10][11] Pricing Strategy and Market Conditions - The company is facing record-high green coffee production costs, leading to planned price increases in May and August [5][6] - Price increases have been implemented across various product lines, including Uncrustables, which saw its first price hike in over three years [7] - The Sweet Baked Snacks segment, which includes Hostess, has underperformed, with net sales down 26% year over year [9] Dividend Stability - J.M. Smucker has raised its dividend for 29 consecutive years, with a current yield of 4.6% due to the stock sell-off [11] - The company has a free cash flow yield of 6.5%, indicating strong potential to support its dividend payments [12] Valuation Metrics - The forward price-to-FCF ratio is 11.5, and the forward price-to-earnings ratio is 10.5, suggesting the stock is undervalued compared to historical averages [13][14] - The company's market cap has fallen to $10.05 billion, with the Sweet Baked Snacks segment contributing only 12% of total net sales [9] Investment Opportunity - Despite the challenges, J.M. Smucker continues to generate substantial free cash flow and offers a reliable dividend, making it an attractive investment for the second half of 2025 [19]

Food and beverage stock J.M. Smucker Company (NYSE:SJM) was last seen down 12.7% at $97.65, after the company posted a disappointing annual profit forecast. In addition, while fiscal fourth-quarter earnings beat estimates, revenue came in below expectations. On the charts, today's bear gap has SJM breaking past its February bottom to its lowest level since March 2020 -- the height of the Covid-19 crash. The equity is also now pacing for its worst day on record, and carries a 12.1% year-over-year deficit.In ...

The J. M. Smucker Company (SJM) Q4 2025 Earnings Call June 10, 2025 07:00 AM ET Company Participants Crystal Beiting - VP - Investor RelationsMark Smucker - CEO & Chair of the BoardTucker Marshall - CFO Crystal Beiting Good morning. This is Crystal Beiting, vice president, investor relations and financial planning and analysis for the J. M. Smucker Company. Thank you for listening to our prepared remarks on our fiscal twenty twenty five fourth quarter earnings. After this brief introduction, Mark Smucker, C ...

FISCAL 2025 FOURTH QUARTER RESULTS SUPPLEMENTARY INFORMATION June 10, 2025 EXECUTIVE SUMMARY Net sales decreased 3%. Comparable net sales (A) decreased 1%. Net loss per diluted share was $6.85. Adjusted earnings per share was $2.31, a decrease of 13%. Free cash flow was $298.9 million, compared to $297.5 million in the prior year. Provided full-year fiscal 2026 financial outlook. (A) Excludes the noncomparable impact to net sales of divestitures and foreign currency exchange. FY25 Q4 RESULTS SUPPLEMENT 2 (D ...

Core Insights - The J.M. Smucker Co. reported a decrease in net sales for the fourth quarter of fiscal year 2025, totaling $2.1 billion, a decline of 3% compared to the previous year [4][10] - The company experienced significant operating losses due to noncash impairment charges totaling $980 million, impacting overall financial performance [7][10] - The company remains optimistic about fiscal year 2026, projecting net sales growth of 2% to 4% and adjusted earnings per share between $8.50 and $9.50 [13][15] Financial Performance - Net sales for the fourth quarter were $2,143.8 million, down from $2,205.7 million in the prior year, reflecting a 3% decrease [4][10] - Adjusted earnings per share for the quarter were $2.31, a decrease of 13% from $2.66 in the previous year [10] - The company reported a net loss per diluted share of $6.85 for the quarter, compared to a profit of $2.30 in the prior year [10][32] Segment Performance - U.S. Retail Coffee segment saw an increase in net sales by 11%, totaling $738.6 million, driven by higher net pricing [16][38] - U.S. Retail Pet Foods segment experienced a 13% decline in net sales, totaling $395.5 million, primarily due to decreased volume and lower net price realization [21][38] - Sweet Baked Snacks segment reported a significant decline in net sales of 26%, totaling $251.0 million, attributed to lower volume and pricing [23][38] Cash Flow and Debt Management - Cash provided by operations for the quarter was $393.9 million, down from $428.1 million in the prior year [12][10] - Free cash flow for the quarter was $298.9 million, slightly up from $297.5 million in the previous year [12][10] - The company returned $114.5 million to shareholders through dividends in the quarter [10][12] Future Outlook - The company anticipates net sales growth of 2% to 4% for fiscal year 2026, with adjusted earnings per share projected between $8.50 and $9.50 [13][15] - The guidance reflects expectations of higher net price realization, despite anticipated declines in volume/mix [14][15] - The adjusted effective income tax rate is expected to be around 23.7% for the upcoming fiscal year [13][15]