There have been significant developments regarding
The J.M. Smucker Company. Television personality,
Jim Cramer, has stated that the company's rally is 'ridiculous.' The company has successfully completed the
divestiture of certain value brands to JTM Foods, amidst a SWOT analysis indicating challenges due to coffee costs. Nevertheless,
Victory Capital Management has increased their shares in the company. The company also announced changes to its
US retail pet foods and sweet baked snacks leadership alongside supply chain and manufacturing oversight. Moreover, director
Amin Tarang has demonstrated confidence by buying $100,511 in shares, and
cash tender offers have been announced and priced. Amid these changes, the company has declared dividends, with CFO Marshall Tucker selling $569,974 in common shares. Its participation in the
BofA Securities 2025 Consumer and Retail Conference and divestiture of the Voortman® Brand have remained noteworthy. Despite recent struggles, Jim Cramer has continued to support The J.M. Smucker Company. Stock performance has been mixed and some shareholders might be concerned about the return on equity (ROE). However, the company has weathered these challenges with strategic initiatives, including a strong third quarter earnings demonstrating
Uncrustables growth.
The JM Smucker Company SJM News Analytics from Thu, 06 Jun 2024 07:00:00 GMT to Fri, 14 Mar 2025 21:42:51 GMT -
Rating 2
- Innovation 1
- Information 7
- Rumor -3
