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The J M Smucker Company  (SJM)
Other Ticker:  
 
 
Price: $109.7700 $-0.63 -0.571%
Day's High: $110.81 Week Perf: -3.97 %
Day's Low: $ 109.32 30 Day Perf: -4.7 %
Volume (M): 838 52 Wk High: $ 156.03
Volume (M$): $ 92,031 52 Wk Avg: $128.04
Open: $110.56 52 Wk Low: $107.33



 Market Capitalization (Millions $) 11,696
 Shares Outstanding (Millions) 107
 Employees 6,700
 Revenues (TTM) (Millions $) 8,207
 Net Income (TTM) (Millions $) -102
 Cash Flow (TTM) (Millions $) -68
 Capital Exp. (TTM) (Millions $) 601

The J M Smucker Company

The J. M. Smucker Company was established in 1897 and was incorporated in Ohio in 1921. The Company, often referred to as Smucker’s (a registered trademark), operates principally in one industry, the manufacturing and marketing of branded food products on a worldwide basis, although the majority of the Company’s sales are in the United States. The Company’s operations outside the United States are principally in Canada although products are exported to other countries as well.

The Company has two reportable segments: U.S. retail market and special markets.

Principal Products. The principal products of the Company, which are sold in both the Company’s U.S. retail market segment and special markets segment, are peanut butter, shortening and oils, fruit spreads, canned milk, baking mixes and ready-to-spread frostings, flour and baking ingredients, juices and beverages, frozen sandwiches, dessert toppings, syrups, pickles and condiments, and potato side dishes.

Sources and Availability of Raw Materials. The raw materials used by the Company in each of its segments are primarily commodities and agricultural-based products. Glass, plastic, caps, carton board, and corrugate are the principal packaging materials used by the Company. The fruit and vegetable raw materials used by the Company in the production of its food products are purchased from independent growers and suppliers. Sweeteners, peanuts, oils, milk, wheat and flour, corn, and other ingredients are obtained from various suppliers. The cost and availability of many of these commodities have fluctuated, and may continue to fluctuate, over time. The Company also uses commodity futures and options to manage some of its costs. Raw materials are available from numerous sources, and the Company believes that it will continue to be able to obtain adequate supplies. The Company has not historically encountered shortages of key raw materials. The Company considers its relationship with key raw material suppliers to be good.

Customers. Sales to Wal-Mart Stores, Inc., and its subsidiaries amounted to approximately 20 percent.

Competition. The Company is the branded market leader in the peanut butter, shortening and oils, sweetened condensed milk, fruit spreads, dessert toppings, and health and natural foods beverages categories. The Company’s business is highly competitive as all of its brands compete for retail shelf space with other advertised and branded products as well as unadvertised and private label products.



   Company Address: One Strawberry Lane Orrville, 44667 OH
   Company Phone Number: 682-3000   Stock Exchange / Ticker: NYSE SJM
   


Customers Net Income fell by SJM's Customers Net Profit Margin fell to

-65.42 %

1.79 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
GIS   -4.38%    
K   -1.68%    
KHC        0.2% 
MDLZ   -2.8%    
PPC   -4.38%    
TSN   -1.5%    
• View Complete Report
   



The J M Smucker Company

The J M Smucker Company's Profit Plummets in Q3 of 2024 Despite Revenue Growth

The J M Smucker Company faced a challenging third quarter of 2024 with a decline in income despite a slight growth in revenue. The company reported a revenue growth of 0.578% compared to the same quarter a year before, reaching $2.23 billion. However, this increase was not enough to prevent a significant decline in net income, which plummeted by -42.05% to $120.4 million. Earnings per share also saw a decrease to $1.13 from the prior quarter's $1.90.
The decline in profit was attributed to a shift in focus towards improving sales, as the company's net margin eased to 5.4%. Operating earnings fell by -6.45% to $297.4 million, resulting in a decrease in the company's operating margin to 13.34%. Despite these challenges, the company managed to reduce its inventories to $987.6 million, signaling potential future demand. The increase in accounts receivable to $789.6 million also suggests a rise in demand for the company's products.

The J M Smucker Company

J M Smucker Company Overcomes Challenges to Achieve Positive Financial Results

The J M Smucker Company, a major player in the consumer packaged goods industry, reported positive financial results for the August to October 31, 2023 interval. The company's income per share surged by 6.15% to $1.90 compared to $1.79 from a year ago. Additionally, the company's income improved by the same percentage, reaching $1.90 per share from the prior reporting season.
Despite the positive income growth, the company experienced a significant decrease in revenue. The revenue dropped by -12.104% to $1.94 billion from $2.21 billion in the same reporting season a year ago. However, there was a sequential increase in revenue, with a 7.391% advancement from $1.80 billion.

The J M Smucker Company

The J M Smucker Company Reports Soft Top-line Performance in Q1 2024 Earnings Season, Despite Significant Growth in Earnings per Share

The J M Smucker Company, known for its portfolio of food and beverage brands, experienced a period of soft demand in the May to July 31, 2023 fiscal time-frame. However, the company managed to improve its earnings per share, with income per share rallying by an impressive 73.79% to $1.79 per share. Despite this positive development, revenue unfortunately diminished by -3.641% to $1.80 billion compared to the previous year.
Looking at the previous quarter, the company faced a significant decline in revenue by -19.241% from $2.23 billion. However, the silver lining was that the company managed to turn its earnings per share positive, moving from $-5.73 per share to its current value of $1.79 per share. Additionally, the net income of $183.600 million in the May to July 31, 2023 fiscal time-frame increased by an impressive 67.21% from the previous year's net earnings of $109.800 million.

The J M Smucker Company

?J M Smucker Company Posts Crucial 9.883% Revenue Hike in Q4, but Records Per Share Loss of $-5.73 in FY2023?

Title: The J M Smucker Company Faces Uphill Battle as Losses Continue to Mount
Introduction:
The J M Smucker Company, a renowned food processing company, recently released its financial report for the three months ending April 30, 2023. Despite an increase in revenue compared to the previous year, the company failed to reach breakeven, recording a loss per share of $-5.73. This disappointing performance, accompanied by a significant decrease in income per share, paints a bearish picture for the company's future prospects. Moreover, with a net loss of $-600.700 million during this period, instead of the expected net income of $202.100 million, it is evident that The J M Smucker Company is facing severe challenges.
Financial Performance:
The J M Smucker Company's financial results for the February to April 2023 period highlight a substantial decline in profitability. The company reported a staggering net loss of $-600.700 million, in contrast to the net income of $202.100 million during the corresponding period last year. This loss puts a major dent in the company's financials and raises concerns regarding its ability to generate sustainable profits in the future.






 

The J M Smucker's Segments
 
U.S. Retail consumer market
 Segment     of total Revenue
Foodservice & Natural Foods
 Segment     of total Revenue
U.S. Retail coffee market
 Segment     of total Revenue
U.S. Retail Pet Foods
 Segment     of total Revenue
 
• View Complete Report




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