The J. M. Smucker Company Announces Fiscal 2016 Third Quarter Results

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S&P Revises Outlook on J. M. Smucker's (SJM) Liquidity to Strong; Ratings Affirmed

February 24, 2016 2:12 PM EST

Standard & Poor's Ratings Services affirmed its 'BBB' corporate credit and existing issue-level ratings on The J.M. Smucker Co. (NYSE: SJM). The outlook is stable.

"The affirmation reflects Smucker's deleveraging during the first year following its $5.8 billion purchase of Big Heart Pet Brands,"... More

J. M. Smucker (SJM) Tops Q3 EPS by 12c

February 23, 2016 7:02 AM EST

J. M. Smucker (NYSE: SJM) reported Q3 EPS of $1.76, $0.12 better than the analyst estimate of $1.64. Revenue for the quarter came in at $1.97 billion versus the consensus estimate of $2.05 billion.

GUIDANCE:

J. M. Smucker sees FY2016 EPS of $5.84-$5.94, versus the... More