The J. M. Smucker Company manufactures and markets branded food and beverage products worldwide. It operates in four segments: U.S. Retail Coffee, U.S. Retail Consumer Foods, U.S. Retail Pet Foods, and International and Away From Home. The company offers mainstream roast, ground, single serve, and premium coffee; peanut butter and specialty spreads; fruit spreads, shortening and oils, and frozen sandwiches; pet food and pet snacks; and foodservice hot beverage, foodservice portion control, and flour products, as well as dog and cat food, frozen handheld products, juices and beverages, and baking ingredient. It provides its products under the Folgers, Café Bustelo, Dunkin' Donuts, 1850, Jif, Smucker's, Crisco, Smucker's Uncrustables, Meow Mix, Kibbles Ân Bits, 9Lives, Nature's Recipe, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish, Natural Balance, Robin Hood, and Five Roses brands. The company sells its products through direct sales and brokers to food retailers and wholesalers, club stores, pet specialty stores, discount and dollar stores, drug stores, military commissaries, mass merchandisers, natural foods stores and distributors, and online retailers; and through retail channels, and foodservice distributors and operators. The J. M. Smucker Company was founded in 1897 and is headquartered in Orrville, Ohio.
IPO Year:
Exchange: NYSE
Website: jmsmucker.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/1/2024 | $132.00 | Neutral | DA Davidson |
2/28/2024 | $135.00 | Hold → Buy | Stifel |
2/1/2024 | $153.00 | Buy | Citigroup |
12/12/2023 | $140.00 | Overweight | Wells Fargo |
12/6/2023 | $122.00 | Equal-Weight | Morgan Stanley |
11/14/2023 | $123.00 → $119.00 | Underperform → Mkt Perform | Bernstein |
9/14/2023 | $170.00 → $145.00 | Buy → Neutral | BofA Securities |
9/13/2023 | $158.00 | Outperform | TD Cowen |
9/1/2023 | $154.00 | Underweight → Equal Weight | Consumer Edge Research |
5/2/2023 | $165.00 | Equal Weight | Barclays |
SC 13G/A - J M SMUCKER Co (0000091419) (Subject)
SC 13G/A - J M SMUCKER Co (0000091419) (Subject)
SC 13G/A - J M SMUCKER Co (0000091419) (Subject)
SC 13G/A - J M SMUCKER Co (0000091419) (Subject)
10-Q - J M SMUCKER Co (0000091419) (Filer)
8-K - J M SMUCKER Co (0000091419) (Filer)
8-K - J M SMUCKER Co (0000091419) (Filer)
ARS - J M SMUCKER Co (0000091419) (Filer)
DEFA14A - J M SMUCKER Co (0000091419) (Filer)
DEF 14A - J M SMUCKER Co (0000091419) (Filer)
10-K - J M SMUCKER Co (0000091419) (Filer)
8-K - J M SMUCKER Co (0000091419) (Filer)
10-Q - J M SMUCKER Co (0000091419) (Filer)
8-K - J M SMUCKER Co (0000091419) (Filer)
ORRVILLE, Ohio, April 18, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.06 per share dividend on the common shares of the Company. The dividend will be paid on Monday, June 3, 2024, to shareholders of record at the close of business on Friday, May 17, 2024. The Company also announced its Annual Meeting of Shareholders will be held on Wednesday, August 14, 2024, in a virtual-only meeting format. The meeting will be held at 11:00 a.m. Eastern Time. Shareholders of record at the close of business on Monday, June 17, 2024, will be eligible to join the webcast and vote by accessing the meeting from the Company's website: investors.jmsmuc
ORRVILLE, Ohio, Feb. 7, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) announced today the appointment of Jonathan E. Johnson III to its Board of Directors, increasing its Board membership to 12. Johnson currently serves as CEO for online retailer Overstock.com, Inc., where he has held roles of increasing capacity since 2002, including director and president of Overstock's venture capital arm Medici Ventures. Prior to his leadership at Overstock, Johnson served as general counsel and CFO of software and services company TenFold Corporation. "Since his appointment to CEO in 2019, Jonathan has made notable improvements to Overstock's profitability and market share through a keen focus o
ORRVILLE, Ohio, Dec. 1, 2020 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) announced today the closing of the transaction to sell its Crisco® oils and shortening business to B&G Foods, Inc. for $550 million, subject to a working capital adjustment. The Company previously announced the signing of a definitive agreement to divest its Crisco® business on October 26, 2020. The transaction encompasses oils and shortening products sold under the Crisco® brand primarily in the U.S. and Canada, certain trademarks and licensing agreements, dedicated manufacturing and warehouse facilities located in Cincinnati, Ohio, and approximately 160 employees who support the Crisco® business. The business
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects The Goldman Sachs Group, Inc. (NYSE:GS) to report quarterly earnings at $8.34 per share on revenue of $12.46 billion before the opening bell, according to data from Benzinga Pro. Goldman Sachs shares gained 0.1% to close at $479.88 on Friday. The J. M. Smucker Company (NYSE:SJM) raised its quarterly dividend from $1.06 to $1.08 per share. Smucker shares rose 0.02% to $113.18 in the after-hours trading session. Analysts are expecting BlackRock, Inc. (NYSE:BLK) to post quarterly earnings at $9.95 per share on revenue of $4.85 billion
Argus Research analyst Taylor Conrad maintains JM Smucker (NYSE:SJM) with a Buy and lowers the price target from $150 to $135.
DA Davidson analyst Brian Holland maintains JM Smucker (NYSE:SJM) with a Neutral and lowers the price target from $132 to $126.
Barclays analyst Andrew Lazar maintains JM Smucker (NYSE:SJM) with a Equal-Weight and lowers the price target from $132 to $123.
Citigroup analyst Thomas Palmer maintains JM Smucker (NYSE:SJM) with a Buy and raises the price target from $137 to $139.
TD Cowen analyst Robert Moskow maintains JM Smucker (NYSE:SJM) with a Buy and lowers the price target from $140 to $135.
The CNN Money Fear and Greed index remained in the “Neutral” zone on Thursday. U.S. stocks settled mixed on Thursday, with the Dow Jones index recording gains during the session. On the economic data front, U.S. initial jobless claims rose by 8,000 to 229,000 in the week ending June 1, compared to market estimates of 220,000. The trade deficit in the U.S. increased to $74.6 billion in April versus a revised $68.6 billion gap in March. Investors are awaiting the release of nonfarm payrolls report for May, due to be released on Friday. Economists are expecting a jobs gain of 190,000 for May. Lululemon Athletica Inc. (NASDAQ:LULU) shares gained around 5% on Thursday reported upbeat
U.S. stocks traded mixed toward the end of trading, with the S&P 500 falling around 0.1% on Thursday. The Dow traded up 0.06% to 38,830.40 while the NASDAQ fell 0.16% to 17,160.31. The S&P 500 also fell, dropping, 0.12% to 5,347.42. . Check This Out: Wall Street’s Most Accurate Analysts Give Their Take On 3 Consumer Stocks Delivering High-Dividend Yields Leading and Lagging SectorsConsumer discretionary shares rose by 0.8% on Thursday. In trading on Thursday, utilities shares fell by 0.8%. Top Headline The J. M. Smucker Company (NYSE:SJM) shares gained around 5% on Thursday after the company posted upbeat quarterly earnings. The company reported a fourth-quarter FY
Wall Street experienced a relatively quiet day on Thursday, with major indices trading within tight ranges as investors remain cautious ahead of the highly anticipated May jobs report, set for release Friday. After driving the broader stock market to record highs on Wednesday, chipmakers saw a slight pullback. Nvidia Corp. (NASDAQ:NVDA) dipped 3% as of 1 p.m. in New York. In regulatory news, the U.S. Justice Department and the Federal Trade Commission have agreed to proceed with antitrust investigations into the dominant roles of Microsoft Corp. (NYSE:MSFT), OpenAI and Nvidia in the artificial intelligence industry, as reported by Reuters. On the macroeconomic front, initial jobless
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. Financial results for the first quarter of fiscal year 2025 reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, and divestiture of the Sahale Snacks® business on November 1, 2023. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales was $2.1 billion, an increase of $319.9 million, or 18 percent. Net sales excluding the acquisition, divestitures, and foreign cur
ORRVILLE, Ohio, Aug. 7, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) will release its first quarter fiscal 2025 financial results on Wednesday, August 28, 2024. A press release, including financial statements and segment information, supplemental materials, pre-recorded management remarks, and a transcript of the pre-recorded remarks will be available beginning at 7:00 a.m. Eastern Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, President and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer, at 9:00 a.m. Eastern Time on that date. The Company will participate in the 2024 Barclays Global Consumer Staples Con
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. The next dividend will be paid on Tuesday, September 3, 2024, to shareholders of record at the close of business on Friday, August 16, 2024. The Company remains committed to returning value to shareholders, as this represents the 23rd consecutive fiscal year of dividend growth. The J.M. Smucker Co. Forward-Looking Statement This press release contains a forward-looking statement about dividends. This statement is made on the basis of the Company's views and assumpti
New business awarded includes supporting headquarter sales, retail merchandising, and digital commerce across the U.S. grocery and retail channel JACKSONVILLE, Fla., July 10, 2024 /PRNewswire/ -- Acosta Group, a leading sales and marketing agency collective, announced today the expansion of its engagement with The J.M. Smucker Company (NYSE:SJM) to include a complete North American solution for headquarter sales, retail merchandising, and digital commerce. This appointment by Smucker is based on Acosta Group's comprehensive set of services and solutions and demonstrated ability to support the company's portfolio of brands across various channels and markets.
ORRVILLE, Ohio, June 6, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the fourth quarter of its fiscal year ending April 30, 2024. Financial results for the fourth quarter and fiscal year reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, divestiture of the Sahale Snacks® business on November 1, 2023, and divestiture of certain pet food brands on April 28, 2023. All comparisons are to the fourth quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales for the quarter were $2.2 billion, a decrease of $29.1 million, or 1 percent.
ORRVILLE, Ohio, May 16, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) will release its fourth quarter fiscal 2024 financial results on Thursday, June 6, 2024. A press release, including financial statements and segment information, supplemental materials, pre-recorded management remarks, and a transcript of the pre-recorded remarks will be available beginning at 7:00 a.m. Eastern Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, President and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer, at 9:00 a.m. Eastern Time on that date. The live webcast, replay, and other materials can be accessed at the Company's w
ORRVILLE, Ohio, April 18, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.06 per share dividend on the common shares of the Company. The dividend will be paid on Monday, June 3, 2024, to shareholders of record at the close of business on Friday, May 17, 2024. The Company also announced its Annual Meeting of Shareholders will be held on Wednesday, August 14, 2024, in a virtual-only meeting format. The meeting will be held at 11:00 a.m. Eastern Time. Shareholders of record at the close of business on Monday, June 17, 2024, will be eligible to join the webcast and vote by accessing the meeting from the Company's website: investors.jmsmuc
ORRVILLE, Ohio, Feb. 27, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the third quarter ended January 31, 2024, of its 2024 fiscal year. Financial results for the third quarter of fiscal year 2024 reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, divestiture of the Sahale Snacks® business on November 1, 2023, and divestiture of certain pet food brands on April 28, 2023. All comparisons are to the third quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales increased $12.9 million, or 1 percent. Net sales excluding the acquis
Hostess® HoneyBun Donettes® combine the best of Hostess® Jumbo HoneyBuns® and Hostess® Donettes® ORRVILLE, Ohio, Feb. 15, 2024 /PRNewswire/ -- Hostess® fans can now enjoy two of the brand's most-loved snacks in one flavorful, great-tasting breakfast treat. The shareable new Hostess® HoneyBun Donettes® offer a delicious twist for those wanting a sweet start to their morning. HoneyBun Donettes incorporate the warm cinnamon and sweet vanilla glaze flavor of Hostess HoneyBuns with the soft, fluffy texture of Hostess Donettes. The new breakfast snack is made without high-fructose c
ORRVILLE, Ohio, Feb. 6, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) invites interested parties to listen to management's presentation during the 2024 CAGNY Conference on Wednesday, Feb. 21, 2024, at 3:00 p.m. Eastern Standard Time. The Company will release its third quarter fiscal 2024 financial results on Tuesday, Feb. 27, 2024. A press release, including financial statements and segment information, supplemental materials, pre-recorded management remarks, and a transcript of the pre-recorded remarks will be available beginning at 7:00 a.m. Eastern Standard Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, President and Chief E
DA Davidson initiated coverage of J.M. Smucker with a rating of Neutral and set a new price target of $132.00
Stifel upgraded J.M. Smucker from Hold to Buy and set a new price target of $135.00
Citigroup initiated coverage of J.M. Smucker with a rating of Buy and set a new price target of $153.00
Wells Fargo initiated coverage of J.M. Smucker with a rating of Overweight and set a new price target of $140.00
Morgan Stanley resumed coverage of J.M. Smucker with a rating of Equal-Weight and set a new price target of $122.00
Bernstein upgraded J.M. Smucker from Underperform to Mkt Perform and set a new price target of $119.00 from $123.00 previously
BofA Securities downgraded J.M. Smucker from Buy to Neutral and set a new price target of $145.00 from $170.00 previously
TD Cowen initiated coverage of J.M. Smucker with a rating of Outperform and set a new price target of $158.00
Consumer Edge Research upgraded J.M. Smucker from Underweight to Equal Weight and set a new price target of $154.00
Barclays resumed coverage of J.M. Smucker with a rating of Equal Weight and set a new price target of $165.00
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. Financial results for the first quarter of fiscal year 2025 reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, and divestiture of the Sahale Snacks® business on November 1, 2023. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales was $2.1 billion, an increase of $319.9 million, or 18 percent. Net sales excluding the acquisition, divestitures, and foreign cur
ORRVILLE, Ohio, Aug. 7, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) will release its first quarter fiscal 2025 financial results on Wednesday, August 28, 2024. A press release, including financial statements and segment information, supplemental materials, pre-recorded management remarks, and a transcript of the pre-recorded remarks will be available beginning at 7:00 a.m. Eastern Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, President and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer, at 9:00 a.m. Eastern Time on that date. The Company will participate in the 2024 Barclays Global Consumer Staples Con
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. The next dividend will be paid on Tuesday, September 3, 2024, to shareholders of record at the close of business on Friday, August 16, 2024. The Company remains committed to returning value to shareholders, as this represents the 23rd consecutive fiscal year of dividend growth. The J.M. Smucker Co. Forward-Looking Statement This press release contains a forward-looking statement about dividends. This statement is made on the basis of the Company's views and assumpti
ORRVILLE, Ohio, June 6, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the fourth quarter of its fiscal year ending April 30, 2024. Financial results for the fourth quarter and fiscal year reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, divestiture of the Sahale Snacks® business on November 1, 2023, and divestiture of certain pet food brands on April 28, 2023. All comparisons are to the fourth quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales for the quarter were $2.2 billion, a decrease of $29.1 million, or 1 percent.
ORRVILLE, Ohio, May 16, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) will release its fourth quarter fiscal 2024 financial results on Thursday, June 6, 2024. A press release, including financial statements and segment information, supplemental materials, pre-recorded management remarks, and a transcript of the pre-recorded remarks will be available beginning at 7:00 a.m. Eastern Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, President and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer, at 9:00 a.m. Eastern Time on that date. The live webcast, replay, and other materials can be accessed at the Company's w
ORRVILLE, Ohio, Feb. 27, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the third quarter ended January 31, 2024, of its 2024 fiscal year. Financial results for the third quarter of fiscal year 2024 reflect the divestiture of the Canada condiment business on January 2, 2024, acquisition of Hostess Brands, Inc. ("Hostess Brands") on November 7, 2023, divestiture of the Sahale Snacks® business on November 1, 2023, and divestiture of certain pet food brands on April 28, 2023. All comparisons are to the third quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales increased $12.9 million, or 1 percent. Net sales excluding the acquis
ORRVILLE, Ohio, Feb. 6, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) invites interested parties to listen to management's presentation during the 2024 CAGNY Conference on Wednesday, Feb. 21, 2024, at 3:00 p.m. Eastern Standard Time. The Company will release its third quarter fiscal 2024 financial results on Tuesday, Feb. 27, 2024. A press release, including financial statements and segment information, supplemental materials, pre-recorded management remarks, and a transcript of the pre-recorded remarks will be available beginning at 7:00 a.m. Eastern Standard Time. The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, President and Chief E
ORRVILLE, Ohio, Jan. 19, 2024 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced its Board of Directors approved a $1.06 per share dividend on the common shares of the Company. The dividend will be paid on Friday, March 1, 2024, to shareholders of record at the close of business on Friday, February 16, 2024. About The J.M. Smucker Co.At The J.M. Smucker Co., it is our privilege to make food people and pets love by offering a diverse family of brands available across North America. We are proud to lead in the coffee, peanut butter, fruit spreads, frozen handheld, sweet baked goods, dog snacks, and cat food categories by offering brands consumers trust for themselves and their fam
ORRVILLE, Ohio, Dec. 5, 2023 /PRNewswire/ -- The J.M. Smucker Co. (NYSE:SJM) today announced results for the second quarter ended October 31, 2023, of its 2024 fiscal year. Financial results for the second quarter of fiscal year 2024 reflect the divestiture of certain pet food brands on April 28, 2023. All comparisons are to the second quarter of the prior fiscal year, unless otherwise noted. EXECUTIVE SUMMARY Net sales decreased $266.5 million, or 12 percent. Net sales excluding the divestiture and foreign currency exchange increased 7 percent.Net income per diluted share was $1.90. Adjusted earnings per share was $2.59, an increase of 8 percent.Cash provided by operations was $176.9 millio
Hostess Brands, Inc. (NASDAQ:TWNK) (the "Company" or "Hostess Brands"), announced today that it has entered into a definitive agreement with The J.M. Smucker Co. (NYSE:SJM) to acquire all of the outstanding shares of Hostess Brands in a cash and stock transaction valued at $34.25 per Hostess Brands share, representing a transaction value of approximately $5.6 billion, including the assumption of debt. Under the terms of the agreement, Hostess Brands shareholders will receive $30.00 in cash and 0.03002 shares of The J.M. Smucker Co. common stock (valued at $4.25 as of September 8, 2023) for each share of Hostess Brands common stock. The purchase price represents a premium of approximately 54
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)
4 - J M SMUCKER Co (0000091419) (Issuer)