SJM Stock Recent News
SJM LATEST HEADLINES
J. M. Smucker (NYSE: SJM ) layoffs are a hot topic on Friday after the food company announced plans to cut a small number of jobs. The J. M. Smucker layoffs will result in 24 employees at the food manufacturing company losing their jobs.
The J.M. Smucker (SJM) benefits from strong brand demand and net price realization. A focus on key growth areas, including coffee, snacking and pet, keeps it well-positioned.
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Consumer staples can provide shelter in a frothy market, and J. M. Smucker Company is an attractive option for value and income investors. SJM's revenue has increased since early 2022, and its profitability continues to improve. The company's focus on key growth drivers and its undervalued stock price and dividends make it a strong option for investors at present.
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The J. M. Smucker Company (SJM) Q3 2024 Earnings Call Transcript
J.M. Smucker (SJM) reported third-quarter results beating estimates on both revenue and profit. Revenue of $2.23 billion topped forecasts of $2.22 billion, while adjusted EPS of $2.48 exceeded projections of $2.27.
The J. M. Smucker Company (SJM) Q3 2024 Earnings Call Transcript