J.M. SMUCKER CO. $113 is a hold. The company (New York symbol SJM; Consumer sector; Shares outstanding: 106.4 million; Market cap: $12.0 billion; Dividend yield: 3.8%; Takeover Target Rating: Medium; www.jmsmucker.com) is the largest maker of jams, jellies and peanut butter in the U.S. Its top brands include Smucker’s and Jif. It also makes pet food and many other consumer products. The company has over 30 offices and manufacturing facilities across North America.
The company is now shifting its focus to its core growth brands, such as Folgers, Smucker’s, Jif, Milkbone (pet foods), and Hostess (cakes). Under that plan, it recently sold its Voortman cookie brand $305 million.
Smucker’s sales in its fiscal 2025 second quarter, ended October 31, 2024, increased 17.2% to $2.27 billion from $1.94 billion a year earlier. If you adjust businesses it bought and sold and exchange rates, sales increased 2.4%. Excluding one-time items, earnings rose 11.0% to $294.2 million, or $2.76 a share, from $265.0 million, or $2.59.
J.M. Smucker is a..
Privacy Policy and Terms of Use
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We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
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Changes to this Policy
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