Key Developments: J M Smucker Co (SJM)

SJM on New York Consolidated

102.34USD
24 Oct 2014
Price Change (% chg)

$0.59 (+0.58%)
Prev Close
$101.75
Open
$101.77
Day's High
$102.42
Day's Low
$101.36
Volume
282,259
Avg. Vol
490,303
52-wk High
$112.95
52-wk Low
$87.10

Search Stocks

Latest Key Developments (Source: Significant Developments)

J.M. Smucker Co declares dividend and authorizes additional shares for future repurchase
Friday, 17 Oct 2014 05:15pm EDT 

J.M. Smucker Co:Approves a $0.64 per share dividend on the common shares of company.Payable on Dec. 01 to shareholders of record on Nov. 14.In other actions, the Board increased the company's share repurchase authorization by five mln common shares.Therefore, the company has a total of about 10 mln common shares available for repurchase under its Board authorizations.  Full Article

Palladium Equity Partners completes sale of Sahale Snacks, Inc. to J. M. Smucker Company
Thursday, 4 Sep 2014 07:30am EDT 

J. M. Smucker Co:Says Palladium Equity Partners, LLC completes the sale of Sahale Snacks, Inc to the company.Transaction is expected to generate 3.3x cash on cash return for Palladium investors.  Full Article

J. M. Smucker Co updates FY 2015 revenue guidance to a range below analysts' estimates; reaffirms FY 2015 EPS guidance - Conference Call
Wednesday, 3 Sep 2014 11:15am EDT 

J. M. Smucker Co:Expects FY 2015 net sales to increase at a rate of 3pct to 4pct over the prior year.Maintains FY 2015 non-GAAP EPS guidance range of $5.95 to $6.05.Reported revenue of $5.565 billion FY 2014.FY 2015 revenue of $5.80 billion and EPS of $6.02 - Thomson Reuters I/B/E/S.  Full Article

J. M. Smucker Co lowers FY 2015 revenue outlook; reaffirms FY 2015 EPS outlook
Wednesday, 20 Aug 2014 07:00am EDT 

J. M. Smucker Co:Expects FY 2015 net sales to increase, compared to FY 2014, at a rate slightly less than the 5 pct provided at the beginning of the year.Maintains FY 2015 non-GAAP income per diluted share range of $5.95 to $6.05.Reported revenue of $5.565 bln in FY 2014.FY 2015 revenue of $5.833 bln, EPS of $6.02 - Thomson Reuters I/B/E/S.  Full Article

J. M. Smucker Co to acquire Sahale Snacks Inc
Wednesday, 6 Aug 2014 04:30pm EDT 

J. M. Smucker Co:Announces that the signing of a definitive agreement to acquire Sahale Snacks, Inc. (Sahale), a privately-held company headquartered in Seattle, Washington.Sahale is a manufacturer and marketer of nut and fruit snacks.  Full Article

J.M. Smucker Co announces dividend increase
Wednesday, 16 Jul 2014 05:15pm EDT 

J.M. Smucker Co:Approves an increase in the quarterly dividend from $0.58 to $0.64 per common share, an increase of ten percent.Dividend will be paid on Sept. 2, to shareholders of record on Aug. 15.  Full Article

J. M. Smucker Co gives FY 2015 outlook in line with analysts' estimates
Thursday, 5 Jun 2014 07:00am EDT 

J. M. Smucker Co:Sees FY 2015 net sales to increase about 5 pct, compared to FY 2014.FY 2015 non-GAAP income per diluted share in the range of $5.95 to $6.05, which excludes certain non comparable items of $0.15 per share.Reported revenue of $5.61 bln in FY 2014.FY 2015 revenue of $5.77 bln and EPS of $5.98 - Thomson Reuters I/B/E/S.  Full Article

Keurig Green Mountain and J.M. Smucker Co announce expanded partnership agreement
Wednesday, 7 May 2014 04:01pm EDT 

Keurig Green Mountain Inc and J.M. Smucker Co:Enters into a multiyear agreement for expanding partnership for manufacturing, marketing, distribution, and sale of the Smucker family of coffee brands.  Full Article

J. M. Smucker Co declares dividend
Friday, 11 Apr 2014 05:15pm EDT 

J. M. Smucker Co:Declares $0.58 per share dividend on common shares to be paid on June 2 to shareholders of record at close of business on May 16.  Full Article

J. M. Smucker Co lowers FY 2014 revenue and earnings guidance
Friday, 14 Feb 2014 06:30am EST 

J. M. Smucker Co:Updates FY 2014 guidance.Reduces its net sales projection for FY 2014 to reflect a 5 pct decrease from 2013.Lowered its FY 2014 non-GAAP income per diluted share estimate to a range of $5.55 to $5.60, excluding special project costs of about $0.20 per diluted share.Says it reported revenue of $5.898 bln in FY 2013.Prior estimate for FY 2014 was a range of $5.72 to $5.82.FY 2014 revenue of $5.781 bln and EPS of $5.78 - Thomson Reuters I/B/E/S.  Full Article

Surging U.S. sugar price to boost food company costs -trade group

NEW YORK, Oct 23 - Food manufacturers such as Mondelez International and J.M. Smucker Co. will face billions of dollars of additional costs this year due to soaring sugar prices, according to estimates from a sugar buyers group.

Search Stocks