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The Latest Breaking News from Mark Smucker

JM Smucker Sees Profit Pressure But Raises Annual Sales Outlook

The J.M. Smucker Company (NYSE:SJM) shares are trading lower on Wednesday.

Benzinga

Stock Market Today: Wall Street Is Standing By

The waiting is the hardest part with trade war truce talks underway and inflation data on the way.

Kiplinger

Twinkies Boss Rejects RFK Jr. Threat Against Junk Food: 'Snacking Continues'

The CEO of the J.M. Smucker company has rejected the idea that Americans will stop indulging in snack foods despite campaigns to "make America healthy again" from the makers of Ozempic and newly picked secretary of the Department of Health and Human Services nominee Robert F. Kennedy Jr.

Latin Times

From analysis to the latest developments in health,
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Twinkies owner declares ‘snacking continues’ even under RFK Jr.’s ‘Make America Healthy Again’ agenda

Kennedy has long advocated against food dyes, additives and ‘harmful chemicals’

The Independent UK

After 127 years, Smucker's has moved beyond jam. But its CEO still finds time to jam on weekends

Smucker’s Uncrustables could soon hit $1 billion in annual sales

The Independent UK

David Ellison's Paramount merger cements the era of the 'nepo CEO'

David Ellison's Skydance Media is buying Paramount Global with help from his billionaire dad, Larry Ellison, founder of Oracle. To earn respect, he'll have to walk a tightrope.

Fortune

Who Wins, Who Loses With Smucker’s Hostess Buy?

J.M. Smucker announced Monday that it bought Hostess Brands for $5.6 billion in cash and stock. The reviews from Wall Street are mixed. There are clear winners and losers from the deal.

Barchart

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Twinkies are sold! J.M. Smucker scoops up Hostess Brands for $5.6 billion

For Hostess, the deal with the peanut-butter-and-jelly conglomerate is a sweet win after not one, but two bankruptcies.

WEKU

Smucker’s return-to-office plan is a full embrace of remote work—with a big catch

Core weeks instead of core days is the key to Smucker’s new policy. Even if that means flying from California to Ohio.

Fortune

One type of company is adopting generative A.I. faster than all others

Concerns about privacy, security, and accuracy may explain the difference.

Fortune

Why does peanut butter taste so good?

It’s a stickier question to answer than you might suspect.

Chicago Sun-Times

Why Are J M Smucker Shares Trading Lower Today

J M Smucker Co (NYSE:SJM) reported a third-quarter FY21 sales decline of 1% year-on-year, to $2.06 billion, beating the consensus of $2.04 billion. Organic net sales growth was 4%. Adjusted EPS of $2.33 beat the Street view of $2.09. The gross profit decreased 16% Y/Y to $126.3 million and the gross profit margin…

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