Profile
Sector:
Consumer DefensiveIndustry:
Packaged FoodsCountry:
United StatesIPO:
31 October 1994Website:
http://www.jmsmucker.comNext earnings report:
05 December 2024Last dividends:
16 August 2024Next dividends:
15 November 2024Price
after hours | Fri, 01 Nov 2024 23:05:57 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
SJM Latest News
ORRVILLE, Ohio, Oct. 24, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) has announced that its Board of Directors has approved a dividend of $1.08 per share for the company's common shares.
ORRVILLE, Ohio, Oct. 22, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) has announced that it has reached a final agreement to sell its Voortman® cookie brand to Second Nature Brands, a U.S. company that specializes in high-quality snacks and treats and is managed by CapVest Partners LLP.
The J. M. Smucker stock is still underperforming, and it's falling further behind the consumer staples sector. Even though it has low valuation multiples, it's not a good time to buy, as significant improvements are necessary. Investors should be cautious about the long-term risks associated with SJM's investment decisions and growth plans.
The J. M. Smucker Company (SJM) announced positive earnings for the quarter, but has reduced its forecast for the year.
Similar to other businesses in the food industry, Smucker's has been having difficulty keeping customers who are careful about spending due to high grocery prices.
While the revenue and earnings per share (EPS) for Smucker (SJM) provide insight into its performance for the quarter ending in July 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
Smucker (SJM) reported quarterly earnings of $2.44 per share, which is higher than the Zacks Consensus Estimate of $2.18 per share. This is an increase compared to earnings of $2.21 per share from the same period last year.
J.M. Smucker Co.'s stock fell by 0.6% in premarket trading on Wednesday after the company lowered its profit forecast for the year, even though it exceeded analysts' expectations for its first-quarter earnings. In the first quarter, Smucker's net income increased by 15% to $349.5 million, or $1.74 per share, compared to $303.5 million, or $1.79 per share, from the same period last year.
ORRVILLE, Ohio, August 28, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) has released its results for the first quarter that ended on July 31, 2024, for its 2025 fiscal year.
J.M. Smucker's first quarter results show an increase in sales and profits, even though the market is challenging for consumers. However, SJM has lowered its outlook because of changing market conditions and the rising costs of green coffee.
What type of business is J M Smucker?
J.M. Smucker Company is an American company that produces and sells branded food and beverage products in the United States and Canada. The company was founded in 1897 and is headquartered in Orrville, Ohio. J.M. Smucker operates through four main segments: retail pet food in the US, retail coffee in the US, retail consumer food products in the US and internationally, and away from home. The company's main portfolio includes coffee, dog food, cat food, pet snacks, peanut butter, fruit spreads, frozen hand-held products, shortening and oils, portion control products, juices and beverages, baking mixes and ingredients. The company's products are sold under brands such as Rachael Ray, Nutrish, Meow Mix, Milk-Bone, Kibbles 'n Bits, Folgers, Dunkin' Donuts, Café Bustelo, Jif, Smucker's, Uncrustables, Crisco, Folgers and Smucker’s.
What sector is J M Smucker in?
J M Smucker is in the Consumer Defensive sector
What industry is J M Smucker in?
J M Smucker is in the Packaged Foods industry
What country is J M Smucker from?
J M Smucker is headquartered in United States
When did J M Smucker go public?
J M Smucker initial public offering (IPO) was on 31 October 1994
What is J M Smucker website?
https://www.jmsmucker.com
Is J M Smucker in the S&P 500?
Yes, J M Smucker is included in the S&P 500 index
Is J M Smucker in the NASDAQ 100?
No, J M Smucker is not included in the NASDAQ 100 index
Is J M Smucker in the Dow Jones?
No, J M Smucker is not included in the Dow Jones index
When was J M Smucker the previous earnings report?
No data
When does J M Smucker earnings report?
The next expected earnings date for J M Smucker is 05 December 2024