The J.M. Smucker Company (SJM) is under investigation for potential
securities law violations which is subjecting the company to investor scrutiny. Despite challenges at Hostess, the company's shares have risen. They have announced a
dividend increase, but are also facing a class action, therefore investors are advised to contact Levi & Korsinsky. The company has also announced the
planned retirement of Gail Hollander, its Chief Marketing Officer. There are financial loss reports among stockholders, prompting Robbins LLP to launch an investigation into the company's officers and directors. Meanwhile, SJM’s Q4 results for fiscal year 2025 have been released. On a different note, the company is experiencing some pressure on the earnings front and is seen to be in the 'penalty box' for a while. Dealing with these challenges, J.M. Smucker is optimizing its
Sweet Baked Snacks Segment, which includes plans to close an Indianapolis manufacturing facility and intentions to divest certain value brands. Despite the turmoil, the company remains active with recent announcements of cash tender offers and retained interest from investors—Envestnet Asset Management Inc. and Mutual of America Capital Management have recently increased their stakes in the company.
The JM Smucker Company SJM News Analytics from Thu, 12 Sep 2024 07:00:00 GMT to Sat, 26 Jul 2025 01:28:05 GMT -
Rating -2
- Innovation -1
- Information 5
- Rumor -7
