Edition:
United States

J M Smucker Co (SJM)

SJM on New York Consolidated

116.00USD
26 Jun 2019
Change (% chg)

$-4.57 (-3.79%)
Prev Close
$120.57
Open
$119.30
Day's High
$119.71
Day's Low
$115.76
Volume
1,574,962
Avg. Vol
1,029,057
52-wk High
$128.43
52-wk Low
$91.32

Latest Key Developments (Source: Significant Developments)

J M Smucker Co Reports Q4 Adj EPS Of $2.08
Thursday, 6 Jun 2019 07:00am EDT 

June 6 (Reuters) - J M Smucker Co ::THE J. M. SMUCKER COMPANY ANNOUNCES FISCAL 2019 FOURTH QUARTER RESULTS AND FISCAL 2020 OUTLOOK.SEES FY 2020 ADJUSTED EARNINGS PER SHARE $8.45 TO $8.65.SEES FY 2020 SALES UP 1 TO 2 PERCENT.QTRLY NET SALES INCREASED $120.8 MILLION, OR 7 PERCENT.QTRLY ADJUSTED EARNINGS PER SHARE WAS $2.08.QTRLY NET INCOME PER DILUTED SHARE WAS $0.63.SEES FISCAL 2020 CAPITAL EXPENDITURES $300 MILLION - $320 MILLION.SEES FISCAL 2020 FREE CASH FLOW $875 MILLION - $925 MILLION.QTRLY U.S. RETAIL COFFEE SEGMENT NET SALES $526.3 MILLION, UP 4%.QTRLY U.S. RETAIL CONSUMER FOODS NET SALES $393.6 MILLION DOWN 15%.QTRLY NET SALES $1,902.1 MILLION VERSUS $1,781.3 MILLION.Q4 REVENUE VIEW $1.93 BILLION -- REFINITIV IBES DATA.FY EARNINGS PER SHARE VIEW $8.33, REVENUE VIEW $7.85 BILLION -- REFINITIV IBES DATA.  Full Article

J M Smucker Announces Limited, Voluntary Recall
Thursday, 22 Mar 2018 05:22pm EDT 

March 22 (Reuters) - J M Smucker Co ::J M SMUCKER CO - ANNOUNCED A LIMITED, VOLUNTARY RECALL OF SPECIFIC LOTS OF TWO VARIETIES OF MILO'S KITCHEN DOG TREATS.J M SMUCKER - FDA INFORMED SMUCKER OF THREE ILLNESS REPORTS, CO INITIATED VOLUNTARY RECALL OF DOG TREATS.  Full Article

J.M. Smucker Co Is Considering Sale Of Its Baking Brands, Including Pillsbury- Bloomberg
Thursday, 8 Mar 2018 12:08am EST 

March 8 (Reuters) - :J.M. SMUCKER CO IS CONSIDERING A SALE OF ITS BAKING BRANDS, INCLUDING PILLSBURY- BLOOMBERG, CITING SOURCES.J. M. SMUCKER'S SALE OF ITS BAKING BRANDS COULD FETCH AS MUCH AS $700 MILLION IN SALE- BLOOMBERG, CITING SOURCES.  Full Article

Conagra Brands, J.M. Smucker Terminate Deal For Wesson Oil Business Sale
Tuesday, 6 Mar 2018 04:55pm EST 

March 6 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS AND THE J.M. SMUCKER COMPANY TERMINATE AGREEMENT FOR SALE OF WESSON OIL BUSINESS.CONAGRA BRANDS INC - INTENDS TO CONTINUE ITS EVALUATION OF ROLE OF WESSON OIL BUSINESS WITHIN ITS PORTFOLIO.  Full Article

The J. M. Smucker Comments On FTC Position Regarding Proposed Acquisition Of The Wesson Oil Brand
Monday, 5 Mar 2018 04:59pm EST 

March 5 (Reuters) - J M Smucker Co ::THE J. M. SMUCKER COMPANY COMMENTS ON FTC POSITION REGARDING PROPOSED ACQUISITION OF THE WESSON OIL BRAND FROM CONAGRA BRANDS, INC..J M SMUCKER CO SAYS "‍STRONGLY BELIEVE" ACQUISITION OF WESSON OIL BRAND FROM CONAGRA BRANDS​ WOULD "BENEFIT ALL OF OUR CONSTITUENTS".  Full Article

Conagra Brands Comments On FTC Position Regarding Proposed Sale Of Wesson Oil Business
Monday, 5 Mar 2018 04:55pm EST 

March 5 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS COMMENTS ON FTC POSITION REGARDING PROPOSED SALE OF WESSON OIL BUSINESS.CONAGRA BRANDS - ‍AFTER WORKING FOR LAST 8 MONTHS TO RESPOND TO FTC'S INQUIRIES, "WE ARE VERY DISAPPOINTED BY AND DISAGREE WITH COMMISSION'S DECISION​".CONAGRA BRANDS INC - ARE WORKING WITH J.M. SMUCKER COMPANY TO REVIEW ALL OPTIONS REGARDING PROPOSED SALE OF WESSON OIL BUSINESS​.  Full Article

Treehouse Foods Announces Appointment Of Steve Oakland As Chief Executive Officer
Monday, 5 Mar 2018 06:56am EST 

March 5 (Reuters) - Treehouse Foods Inc ::TREEHOUSE FOODS ANNOUNCES THE APPOINTMENT OF STEVE OAKLAND AS CHIEF EXECUTIVE OFFICER.TREEHOUSE FOODS INC - SAM K. REED TO TRANSITION TO NON-EXECUTIVE CHAIRMAN UNTIL HIS RETIREMENT ON JULY 1, 2018.TREEHOUSE FOODS INC - ‍ OAKLAND SUCCEEDS SAM REED, CHAIRMAN, PRESIDENT AND CHIEF EXECUTIVE OFFICER OF TREEHOUSE FOODS​.TREEHOUSE FOODS INC - OAKLAND WAS MOST RECENTLY VICE CHAIR AND PRESIDENT, U.S. FOOD AND BEVERAGE AT J.M. SMUCKER COMPANY.  Full Article

J.M. Smucker Company Previews New Premium Coffee Brand
Wednesday, 21 Feb 2018 07:15am EST 

Feb 21 (Reuters) - J M Smucker Co ::THE J.M. SMUCKER COMPANY PREVIEWS NEW PREMIUM COFFEE BRAND.J M SMUCKER - UNVEILED NEW LINE OF PREMIUM COFFEES CALLED '1850', WHICH ARE SCHEDULED TO HIT STORE SHELVES IN EARLY APRIL.  Full Article

J. M. Smucker Qtrly Net Income Per Diluted Share $7.32
Friday, 16 Feb 2018 06:00am EST 

Feb 16 (Reuters) - J M Smucker Co ::THE J. M. SMUCKER COMPANY ANNOUNCES FISCAL 2018 THIRD QUARTER RESULTS.QTRLY ‍ADJUSTED EARNINGS PER SHARE WAS $2.50​.INCREASED ITS FULL-YEAR 2018 EARNINGS AND FREE CASH FLOW OUTLOOK.QTRLY NET INCOME PER DILUTED SHARE WAS $7.32.SEES FY FISCAL 2018 ADJUSTED EPS $8.20 - $8.30.QTRLY ADJUSTED EARNINGS PER SHARE INCLUDES ABOUT ‍$0.35 PER SHARE RELATED TO A LOWER CURRENT YEAR TAX RATE DUE TO U.S. INCOME TAX REFORM​.QTRLY EARNINGS PER SHARE INCLUDED A SUBSTANTIAL NONRECURRING BENEFIT RELATED TO TAX REFORM.SEES FY FISCAL 2018 CAPEX $310 MILLION.SEES FY FISCAL 2018 FREE CASH FLOW $825 MILLION.QTRLY NET SALES $1.90 BILLION VERSUS $1.88 BILLION.Q3 EARNINGS PER SHARE VIEW $2.13, REVENUE VIEW $1.89 BILLION -- THOMSON REUTERS I/B/E/S.NET SALES ARE EXPECTED TO BE IN RANGE OF FLAT TO DOWN SLIGHTLY FOR 2018.FY2018 EARNINGS PER SHARE VIEW $7.75, REVENUE VIEW $7.37 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY ‍U.S. RETAIL COFFEE NET SALES $550.5 MILLION, UP 2 PERCENT​.QTRLY ‍U.S. RETAIL CONSUMER FOODS NET SALES $511.6 MILLION, DOWN 1 PERCENT​.  Full Article

J.M.Smucker U.S. Food And Beverage President To Retire
Wednesday, 24 Jan 2018 04:10pm EST 

Jan 24 (Reuters) - J M Smucker Co ::THE J.M. SMUCKER COMPANY ANNOUNCES EXECUTIVE LEADERSHIP CHANGES.J M SMUCKER CO SAYS ANNOUNCED PLANS FOR JUNE 29, 2018, RETIREMENT OF STEVEN OAKLAND, VICE CHAIR AND PRESIDENT, U.S. FOOD AND BEVERAGE.J M SMUCKER CO SAYS JOSEPH STANZIANO WILL ASSUME ROLE OF SENIOR VICE PRESIDENT AND GENERAL MANAGER, COFFEE, EFFECTIVE FEBRUARY 1, 2018.J M SMUCKER-TINA FLOYD WILL ASSUME ROLE OF SENIOR VICE PRESIDENT AND GENERAL MANAGER, CONSUMER FOODS, EFFECTIVE FEBRUARY 1, 2018.  Full Article

Smucker quarterly sales miss overshadows upbeat outlook

J.M. Smucker Co missed Wall Street estimates for quarterly sales on Thursday, taking a hit from lower prices for its coffee and peanut butter products, overshadowing the packaged food maker's upbeat profit forecast for the year.