The J.M. Smucker Company (SJM) is currently undergoing intense
investor scrutiny following its recent forecast of an annual profit below estimates. A series of
investigations have been opened by various law firms on behalf of the company's shareholders. The investigations were sparked by the company's financial performance, which is putting its stock in a '
penalty box' situation. Multiple leadership changes have occurred, including the planned retirement of its Chief Marketing Officer, Gail Hollander. John Brase has been named the new President and COO. Furthermore, SJM has announced its plans for
portfolio optimization, which includes the closure of their Indianapolis Manufacturing Facility, and the divestiture of certain value brands to JTM Foods, LLC. SJM is also making changes to its U.S. Retail Pet Foods and Sweet Baked Snacks Leadership, along with Supply Chain and Manufacturing Oversight. Lastly, SJM has recently released its Fiscal Year 2025 Fourth Quarter Results.
The JM Smucker Company SJM News Analytics from Fri, 31 Jan 2025 08:00:00 GMT to Sat, 02 Aug 2025 10:49:32 GMT -
Rating -8
- Innovation -7
- Information 4
- Rumor -10
