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J M Smucker Co (SJM.N)

SJM.N on New York Stock Exchange

105.71USD
22 Jun 2018
Change (% chg)

$0.32 (+0.30%)
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$105.39
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Volume
604,085
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318,036
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$133.29
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Thu, Jun 7 2018

J.M. Smucker's forecast hit by high freight, marketing costs

J.M. Smucker Co on Thursday forecast full-year profit well below estimates as the Folgers coffee maker spends heavily on marketing to battle competition while struggling with high costs, sending its shares down as much as 10 percent.

UPDATE 3-J.M. Smucker's forecast hit by high freight, marketing costs

* Shares down as much as 10 pct (Adds analyst, CFO comments, details; updates share movement)

J.M. Smucker quarterly sales miss estimates

June 7 J.M. Smucker Co's fourth-quarter sales missed analysts' forecasts, hurt by weak demand for its edible oil brands such as Crisco, peanut butter and baking items.

BRIEF-J M Smucker Enters Into Certain Term Loan Credit Agreement Providing For A $1.5 Bln Term Facility

* ENTERED INTO CERTAIN TERM LOAN CREDIT AGREEMENT PROVIDING FOR A $1.5 BILLION TERM FACILITY Source text for Eikon: (http://bit.ly/2KqKpWC) Further company coverage:

BRIEF-The J.M. Smucker Company Announces Leadership Changes In Pet Business

* THE J.M. SMUCKER COMPANY ANNOUNCES LEADERSHIP CHANGES IN PET BUSINESS

J.M. Smucker to buy Ainsworth Pet Nutrition for $1.9 billion

J. M. Smucker Co said on Wednesday it would buy Rachael Ray Dog food maker Ainsworth Pet Nutrition for about $1.9 billion in cash to strengthen its pet food portfolio, and was exploring options for its U.S. baking business, including a sale.

J.M. Smucker to buy Ainsworth Pet Nutrition for $1.9 billion

J. M. Smucker Co said on Wednesday it would buy Rachael Ray Dog food maker Ainsworth Pet Nutrition for about $1.9 billion in cash to strengthen its pet food portfolio, and was exploring options for its U.S. baking business, including a sale.

CORRECTED-UPDATE 2-J.M. Smucker to buy Ainsworth Pet Nutrition for $1.9 bln

* Deal valued at $1.9 bln, excluding tax benefit of about $200 mln

CORRECTED-J.M. Smucker to buy Ainsworth Pet Nutrition for $1.9 bln

April 4 J. M. Smucker Co on Wednesday said it would acquire pet food and pet snacks maker Ainsworth Pet Nutrition for about $1.9 billion.

BRIEF-J. M. Smucker To Acquire Ainsworth Pet Nutrition Llc

* THE J. M. SMUCKER COMPANY TO ACQUIRE AINSWORTH PET NUTRITION, LLC, MAKER OF RACHAEL RAY™ NUTRISH® PET FOOD; COMPANY TO EXPLORE STRATEGIC OPTIONS FOR U.S. BAKING BUSINESS

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