Robbins LLP is investigating the officers and directors of
The JM Smucker Company (SJM) following financial losses suffered by stockholders. Meanwhile, the company's Chief Marketing Officer, Gail Hollander, has announced plans to retire. Hollander's influential role was pivotal in revolutionizing marketing for iconic brands. Despite a 7.5% increase in SJM's stock value since the last earnings report, Jim Cramer describes the company's recent predicament as 'jarring'. Similarly, Johnson Fistel is acting on behalf of SJM shareholders to investigate potential securities law violations. Furthermore, Stifel predicts a drop in EPS for SJM in FY26 while the company is also under scrutiny from shareholder rights advocates. In a bold move, SJM eliminates all artificial colors from its food products as a part of portfolio optimization.
Levi & Korsinsky advises distressed investors to make contact about potential legal breaches, and Morgan Stanley maintains an Overweight rating despite a trimmed price target. However, a declining outlook is causing some panic as shares hit a 5-year low after earnings, even as the company announces strides in dealing with FDA colors removal and sustained dividend strength.
The JM Smucker Company SJM News Analytics from Tue, 22 Oct 2024 07:00:00 GMT to Fri, 11 Jul 2025 17:55:54 GMT -
Rating -3
- Innovation 0
- Information 0
- Rumor -1
