Orrville, Ohio-based The J. M. Smucker Company (SJM) manufactures and markets branded food and beverage products. Valued at a market cap of $10.7 billion, the company provides its products under various well-known brands, including Folgers, Café Bustelo, Dunkin', Jif, Smucker's, Smucker's Uncrustables, and Meow Mix, to name a few.
This packaged food company has considerably underperformed the broader market over the past 52 weeks. Shares of SJM have declined 9.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 27.4%. Moreover, on a YTD basis, the stock is up 3.9%, compared to SPX’s 8.7% rise.
