Get a deeper insight into the potential performance of Smucker (SJM) for the quarter ended October 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
The J.M. Smucker's Q2 results are likely to reflect gains from a strategic focus, while a tough consumer landscape and high SD&A costs are concerns.
Smucker (SJM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Smucker (SJM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
J.M. Smucker has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.7% yield, as well as being recognized by prominent asset managers as being a socially responsible investment, through analysis of social and environmental criteria. Environmental criteria include considerations like the environmental impact of the company's products and services, as well as the company's efficiency in terms of its use of energy and resources.
J.M. Smucker said on Tuesday it would sell its cookie brand, Voortman, to U.S.-based premium snacks maker Second Name Brands in a $305 million all-cash deal.
The J. M. Smucker stock continues to disappoint and the performance gap with the consumer staples sector is widening. In spite of its very low valuation multiples, the stock is not in buy territory yet as meaningful progress is still needed. Long-term risks related to SJM's capital allocation policies and growth strategy remain and investors should keep a close eye on those.
The J. M. Smucker Company SJM reported upbeat quarterly earnings, but lowered its annual outlook.
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 (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.
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.
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.