The J.M. Smucker Company (SJM)
These Analysts Slash Their Forecasts On JM Smucker After Q1 Earnings
The J. M. Smucker Company SJM reported upbeat quarterly earnings, but lowered its annual outlook.
Smucker's, Jif peanut butter owner slashes full-year outlook amid stubborn inflation
Like other companies in the food sector, Smucker's has been struggling to hold onto cost-conscious customers stung by high prices at grocery stores.
The J. M. Smucker Company (SJM) Q1 2025 Earnings Call Transcript
The J. M. Smucker Company (NYSE:SJM ) Q1 2025 Earnings Conference Call August 28, 2024 9:00 AM ET Company Participants Crystal Beiting - Vice President of Investor Relations and FP&A Mark Smucker - Chair of the Board, President and Chief Executive Officer Tucker Marshall - Chief Financial Officer Conference Call Participants Andrew Lazar - Barclays Capital Kenneth Goldman - JPMorgan Chase & Co. Robert Moskow - TD Cowen Peter Galbo - Bank of America Merrill Lynch Matthew Smith - Stifel, Nicolaus & Company Thomas Palmer - Citigroup Inc. Steve Powers - Deutsche Bank Alexia Howard - AllianceBernstein Robert Dickerson - Jefferies LLC Max Gumport - BNP Paribas Exane Operator Good morning, and welcome to The J. M. Smucker Company's Fiscal 2025 First Quarter Earnings Question-and-Answer Session.
JM Smucker Cuts Outlook as Inflation Hits Consumer Discretionary Spending
Shares of J.M. Smucker (SJM) dropped Wednesday after the food maker's quarterly sales came in slightly below forecasts and it cut its full-year guidance as inflation limited consumer spending for its products.
The J.M. Smucker Q1 Earnings Top Estimates, SJM Stock Down on View Cut
J.M.Smucker's Q1 show reflects sales and earnings growth despite a tough consumer landscape. SJM cuts view due to a dynamic landscape and green coffee costs.
Smucker (SJM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Smucker (SJM) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
US Stocks Mixed; JM Smucker Slashes Annual Guidance
U.S. stocks traded mixed this morning, with the Dow Jones index gaining over 50 points on Wednesday.
Smucker (SJM) Q1 Earnings Surpass Estimates
Smucker (SJM) came out with quarterly earnings of $2.44 per share, beating the Zacks Consensus Estimate of $2.18 per share. This compares to earnings of $2.21 per share a year ago.
Jif peanut butter maker JM Smucker cuts annual forecasts on slowing demand
Jif peanut butter maker J.M. Smucker cut annual sales and profit forecasts on Wednesday, hurt by cost-conscious consumers switching to lower-priced alternatives amid sticky inflation, sending its shares down 4% in premarket trading.
Smucker beats profit estimate but lowers its full-year earnings view
J.M. Smucker Co.'s stock SJM, -0.54% was down 0.6% in premarket trading Wednesday after the packaged food giant reduced its full-year profit outlook, although it topped analyst estimates for its first-quarter profit. Smucker's first-quarter net income rose 15% to $349.5 million or $1.74 a share, from $303.5 million, or $1.79 a share, in the year-ago quarter.
J.M. Smucker Expected to Report Lower Per-Share Earnings on Higher Revenue
Like many food companies, J.M. Smucker is struggling with consumer pullback as inflation hits spending.
The J.M. Smucker (SJM) to Report Q1 Earnings: Things to Note
The J.M. Smucker's (SJM) Q1 performance is likely to reflect gains from Hostess Brands acquisition and volume/mix growth. However, a rising cost environment poses a threat.
