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The Latest Breaking News from SJM

J M Smucker Stock Slides On Gloomy FY23 Outlook

J M Smucker Co (NYSE:SJM) reported fourth-quarter FY22 sales growth of 6% year-on-year to $2.03 billion, beating the consensus of $1.98 billion. Net sales excluding divestitures and foreign currency exchange increased 9%. Adjusted EPS of $2.23 beat the analyst consensus of $1.88. Gross profit decreased 9% Y/Y to $666.7 million and the gross…

Kellogg vs. J.M. Smucker: Which Packaged Food Stock is a Better Buy?

Kellogg vs. J.M. Smucker: Which Packaged Food Stock is a Better Buy?

Despite rising food prices, strong demand for packaged foods with longer shelf life should allow food makers to pass over rising input costs to customers and profit substantially. Therefore, we think Kellogg (K) and J. M. Smucker (SJM) should benefit. But which of these stocks is a better buy now?…

Migrant disappearances quadruple in Mexico in 2021, says report

Migrant disappearances quadruple in Mexico in 2021, says report

Reported cases of missing migrants in Mexico jumped nearly fourfold in 2021 from 2020, as the country struggles to stem the flow of undocumented people from Central America to the United States, according to a report released Wednesday.

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3 Stocks Wall Street Believes Are Headed Lower

Given the current, bearish market owing to federal interest rate hikes, a prospective recession, and historically high inflation, Wall Street analysts believe the stocks of fundamentally weak companies J. M. Smucker (SJM), Kimberly-Clark (KMB), and Annaly Capital Management (NLY) are heading lower in price in the near term. Let’s discuss.

SJM ties up with furniture firm to restore antiques

What 6 Analyst Ratings Have To Say About JM Smucker

Over the past 3 months, 6 analysts have published their opinion on JM Smucker (NYSE:SJM) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

JM Smucker's Return On Capital Employed Insights

Pulled from Benzinga Pro data, JM Smucker (NYSE:SJM) showed a loss in earnings since Q2, totaling $69.70 million. Sales, on the other hand, increased by 0.35% to $2.06 billion during Q3.

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Analyst Ratings For JM Smucker

Analyst Ratings For JM Smucker

Over the past 3 months, 5 analysts have published their opinion on JM Smucker (NYSE:SJM) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Why Are J M Smucker Shares Trading Lower Today

Why Are J M Smucker Shares Trading Lower Today

J M Smucker Co (NYSE:SJM) reported a third-quarter FY21 sales decline of 1% year-on-year, to $2.06 billion, beating the consensus of $2.04 billion. Organic net sales growth was 4%. Adjusted EPS of $2.33 beat the Street view of $2.09. The gross profit decreased 16% Y/Y to $126.3 million and the gross profit margin…

Recap: JM Smucker Q3 Earnings

Recap: JM Smucker Q3 Earnings

JM Smucker (NYSE:SJM) reported its Q3 earnings results on Tuesday, March 1, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings JM Smucker reported an EPS of $0.33.

SJM opposes appointment of Turkish CEO for Air India

SJM opposes appointment of Turkish CEO for Air India

SJM co-convener Ashwani Mahajan said that his organisation was opposed to the government clearing the appointment of Ilker Ayci, keeping in mind issues of ‘national security’.

RSS arm bats for ITC, but says it doesn’t support tobacco

RSS arm bats for ITC, but says it doesn’t support tobacco

Swadeshi Jagran Manch’s (SJM) endorsement for using Indian conglomerate ITC’s Fast Moving Consumer Goods (FMCG) products over that of multinational companies comes as a bit of a surprise. SJM is, after all, an arm of the right-wing group, Rashtriya Swayamsevak Sangh (RSS).

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