With a market cap of around $11 billion, The J. M. Smucker Company (SJM) is a leading manufacturer and marketer of popular consumer food, beverage, and pet products in North America, with operations expanding internationally. Its diverse brand portfolio includes household names like Smucker's, Folgers, Jif, Dunkin', Meow Mix, and Milk-Bone, distributed through supermarkets, online retailers, and food service providers.
Shares of the food maker have significantly underperformed the broader market over the past 52 weeks. SJM has dropped 18% over this time frame, while the broader S&P 500 Index ($SPX) has gained 23.2%. On a YTD basis, shares of SJM are down 6.3%, compared to SPX’s 4.2% increase.
