Welcome to our dedicated page for J M Smucker news (Ticker: SJM), a resource for investors and traders seeking the latest updates and insights on J M Smucker stock.
The J.M. Smucker Company (NYSE: SJM) news page on Stock Titan aggregates official updates and media releases related to this Ohio-incorporated packaged food manufacturer. The company’s communications focus on its portfolio of North American brands across coffee, peanut butter, fruit spreads, frozen handheld items, sweet baked goods, dog snacks, and cat food.
Visitors to this page can review earnings announcements, including quarterly and full-year results where J.M. Smucker reports net sales, segment performance, adjusted operating income, and free cash flow. Recent Form 8-K filings and press releases have covered fiscal 2026 first and second quarter results and fiscal 2025 fourth quarter and full-year performance, along with updated financial outlooks.
News items also highlight portfolio and operational changes. The company has reported the acquisition of Hostess Brands, Inc., divestitures of certain Sweet Baked Snacks value brands, the Voortman business, the Sahale Snacks business, and a Canada condiment business, as well as plans to close and sell a Hostess-brand manufacturing facility in Indianapolis, Indiana and consolidate production into other facilities. These updates provide context on how J.M. Smucker is reshaping its Sweet Baked Snacks and broader brand portfolio.
Other announcements include dividend declarations and increases, details on upcoming earnings releases and investor webcasts, and leadership updates such as the planned retirement of the Chief Marketing Officer. The company also issues news on product and formulation initiatives, such as its commitment to remove FD&C colors from all consumer food products by the end of a specified calendar year and prior changes like removing high-fructose corn syrup from Uncrustables sandwiches.
By following this news feed, readers can track how developments in J.M. Smucker’s coffee, spreads, pet foods, and sweet baked snacks segments, as well as its international and away-from-home business, are reflected in official company communications and SEC-reported events.
The J.M. Smucker Co. (SJM) will release its Q1 fiscal 2022 financial results on August 26, 2021, at 7:00 a.m. EDT. The report will include comprehensive financial statements and a pre-recorded management discussion. Following this, a live Q&A session with CEO Mark Smucker and CFO Tucker Marshall will take place at 9:00 a.m. EDT. Additionally, the company will participate in the 2021 Barclays Global Consumer Staples Conference on September 9, 2021, at 2:00 p.m. EDT.
The J.M. Smucker Co. (NYSE: SJM) announced it has exceeded its 2020 environmental impact goals, achieving significant reductions in waste-to-landfill, water-use-intensity, and greenhouse-gas-emissions-intensity from a 2014 baseline. CEO Mark Smucker highlighted the collective efforts of employees and partners in this achievement, fostering a commitment to a healthier planet. The company is set to develop new environmental goals, which will be disclosed in the upcoming 2021 Corporate Impact Report. Detailed progress can be found at www.jmsmucker.com/our-impact.
The J.M. Smucker Co. (SJM) announced a quarterly dividend increase from $0.90 to $0.99 per share, marking a 10% rise. This increase reflects the company's commitment to delivering shareholder value and represents the 20th consecutive year of dividend growth. The dividend will be disbursed on September 1, 2021, to shareholders who are on record as of August 13, 2021. This decision underscores Smucker's financial stability and ongoing strategy to enhance returns for investors.
The J.M. Smucker Co. recently launched the Leadership Perspectives video series, outlining their strategic initiatives for fiscal year 2022. CEO Mark Smucker emphasized the importance of regular communication to sustain business growth and positively impact stakeholders. Key discussions include financial discipline from CFO Tucker Marshall, value creation strategies from COO John Brase, and portfolio evolution from Chief Strategy Officer Amy Held. The series aims to provide insights into ongoing commercial transformations and future workplace strategies, highlighting Smucker's commitment to consumer preferences and responsible sourcing.
The J.M. Smucker Co. reported fourth-quarter results for fiscal 2021, revealing an 8% decline in net sales, totaling $1.92 billion, mostly due to prior pandemic stock-up effects. Full-year net sales increased 3% to $8.0 billion. Net income per share was $1.35, down 32%, while adjusted EPS dropped 26% to $1.89. Free cash flow for Q4 was $183 million and $1.26 billion for the year. The company anticipates a 2-3% sales decrease for fiscal 2022, with adjusted EPS guidance between $8.70 and $9.10.
The J.M. Smucker Co. (NYSE: SJM) is set to host its fourth quarter fiscal 2021 earnings conference call on June 3, 2021, at 8:30 a.m. EDT. The event will feature Mark Smucker, CEO, and Tucker Marshall, CFO. A press release with financial statements will precede the call at 7:00 a.m. EDT.
Smucker's diverse brand portfolio, including Folgers and Jif, positions it to meet evolving consumer expectations across generations.
The J.M. Smucker Co. (SJM) declared a $0.90 per share dividend, payable on June 1, 2021, to shareholders of record by May 14, 2021. The company also scheduled its Annual Meeting of Shareholders for August 18, 2021, at 12:00 p.m. ET, in a virtual format. Eligible shareholders must register by entering their 16-digit control number from their proxy materials. Smucker's diverse portfolio is well-recognized and found in 90% of U.S. homes, emphasizing its commitment to meeting consumer needs.
The J. M. Smucker Co. (NYSE: SJM) announced a voluntary recall of two lots of Meow Mix® Original Choice Dry Cat Food due to potential salmonella contamination. The recall affects 30LB bags sold at select Walmart stores across several states, including IL, MO, NE, NM, OK, UT, WI, and WY. No reports of illness have been received, and the recall is a precautionary measure. Consumers are advised to check their products for the specific lot codes and dispose of them immediately.
The J.M. Smucker Co. (NYSE: SJM) has announced a strategic partnership with JDE Peet's to enhance its Away From Home liquid coffee business. This collaboration focuses on product development and innovation in foodservice equipment. COO John Brase expressed optimism regarding this partnership's potential to drive category growth. In a related decision, Smucker plans to close its Suffolk, Virginia production facility and seek a buyer. Importantly, this partnership will not affect Smucker's retail coffee business.
The J.M. Smucker Co. (NYSE: SJM) reported a 5% increase in net sales for Q3 FY2021, reaching $2.08 billion, driven by growth across U.S. and International retail businesses. Net income per diluted share rose 41% to $2.32, while adjusted EPS saw a 4% gain at $2.45. Although cash from operations decreased by 7% to $486.3 million, free cash flow was $416.6 million. Smucker increased its full-year guidance, projecting a 2% rise in net sales and adjusted EPS between $8.70 and $8.90, against 112.6 million shares outstanding.