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The J.M. Smucker Company - $SJM STOCK NEWS

Welcome to our dedicated page for The J.M. Smucker Company news (Ticker: $SJM), a resource for investors and traders seeking the latest updates and insights on The J.M. Smucker Company stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The J.M. Smucker Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The J.M. Smucker Company's position in the market.

Rhea-AI Summary
The J.M. Smucker Co. declared a dividend of $1.06 per share for its common shares and announced the date for its Annual Shareholder Meeting. The dividend will be paid on June 3, 2024, to shareholders of record on May 17, 2024. The virtual-only Annual Meeting of Shareholders will take place on August 14, 2024, at 11:00 a.m. Eastern Time. Shareholders can participate by accessing the webcast on the Company's website with a 16-digit control number.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.29%
Tags
dividends
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Rhea-AI Summary
The J.M. Smucker Co. (NYSE: SJM) reported third-quarter results for fiscal year 2024, showcasing a 1% increase in net sales, with adjusted earnings per share up by 12%. The company divested its Canada condiment business and acquired Hostess Brands, Inc., driving strategic growth. However, operating income decreased by 6%, impacted by special project costs related to the acquisitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.08%
Tags
-
Rhea-AI Summary
Hostess® introduces Hostess® HoneyBun Donettes®, a fusion of Hostess® Jumbo HoneyBuns® and Hostess® Donettes® for a sweet breakfast treat. The new snack combines cinnamon, vanilla glaze, and fluffy texture without high-fructose corn syrup or artificial additives. Available nationwide in March.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
none
Rhea-AI Summary
The J.M. Smucker Co. (SJM) will present at the 2024 CAGNY Conference on Feb. 21, 2024, followed by the release of its third quarter fiscal 2024 financial results on Feb. 27, 2024. The company will provide financial statements, segment information, pre-recorded management remarks, and a live question and answer session with the CEO and CFO. Access to webcasts, replays, and materials is available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.32%
Tags
conferences earnings
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News
Rhea-AI Summary
The J.M. Smucker Co. (NYSE: SJM) has declared a $1.06 per share dividend on its common shares, to be paid on March 1, 2024, to shareholders of record as of February 16, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
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Rhea-AI Summary
The Hostess brand is introducing a new Walmart-exclusive Twinkies Valentine's Day Gift Box featuring 18 individually wrapped Twinkies in a 3-foot-long gift box, along with three returning Valentine's Day snacks. The festive snacks are designed for sharing and gifting, with 'To/From' printed on the packaging. The brand aims to bring moments of joy and surprise to families and loved ones this Valentine's Day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.02%
Tags
none
Rhea-AI Summary
The J.M. Smucker Co. (NYSE: SJM) has closed the sale of its Bick's® pickles, Habitant® pickled beets, Woodman's® horseradish, and McLarens® pickled onions brands to TreeHouse Foods, Inc. (NYSE: THS) for approximately $20 million USD. The divestiture is expected to have an immaterial impact on the company's adjusted earnings per share for the full year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
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none
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Rhea-AI Summary
The J.M. Smucker Co. (NYSE: SJM) announced results for the second quarter ended October 31, 2023. Net sales decreased by 12%, with net income per diluted share at $1.90 and adjusted earnings per share at $2.59, an 8% increase. Cash provided by operations was $176.9 million. The company updated its full-year fiscal 2024 financial outlook, reflecting the acquisition of Hostess Brands, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.28%
Tags
-
Rhea-AI Summary
The J.M. Smucker Co. (NYSE: SJM) has achieved a perfect score of 100 on the Corporate Equality Index, a report by the Human Rights Campaign Foundation, reflecting the company's commitment to equality and inclusion for LGBTQ+ employees. The score reflects the company's progress over more than a decade to offer support, enhance benefits, expand employee education and training, and promote allyship, understanding, and acceptance in its communities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
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none
Rhea-AI Summary
J.M. Smucker Co. (NYSE: SJM) to release Q2 fiscal 2024 financial results on Dec 5, 2023, including financial statements, segment info, and live Q&A session. Webcast and materials available at investors.jmsmucker.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.63%
Tags
conferences earnings
The J.M. Smucker Company

NYSE:SJM

SJM Rankings

SJM Stock Data

11.98B
102.77M
3.45%
85.72%
3.59%
Fruit and Vegetable Canning
Manufacturing
Link
United States of America
ORRVILLE

About SJM

smucker’s with a name like smucker’s it has to be good.