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J.M. Smucker Co.'s stock SJM, -0.54% was down 0.6% in premarket trading Wednesday after the packaged food giant reduced its full-year profit outlook, although it topped analyst estimates for its first-quarter profit. Smucker's first-quarter net income rose 15% to $349.5 million or $1.74 a share, from $303.5 million, or $1.79 a share, in the year-ago quarter.
ORRVILLE, Ohio , Aug. 28, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced results for the first quarter ended July 31, 2024, of its 2025 fiscal year.
Like many food companies, J.M. Smucker is struggling with consumer pullback as inflation hits spending.
The J.M. Smucker's (SJM) Q1 performance is likely to reflect gains from Hostess Brands acquisition and volume/mix growth. However, a rising cost environment poses a threat.
Smucker (SJM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Smucker (SJM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
CNBC's Jim Cramer explains why he is keeping an eye on shares of J.M. Smucker Company.
J.M. Smucker , known primarily for its jams and jellies, is exploring a sale of Voortman Bakery in a deal that could value the cookie and wafer brand at more than $350 million, according to people familiar with the matter.
The J.M. Smucker (SJM) underlines its robust financial health and commitment to shareholders by announcing a 2% hike in its quarterly dividend.
ORRVILLE, Ohio , July 12, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced its Board of Directors approved an increase in the quarterly dividend from $1.06 to $1.08 per common share, an increase of two percent.