J. M. Smucker (SJM) Reports In-Line Q3 EPS, Trims Top End of Outlook
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The J. M. Smucker Company Announces Fiscal 2017 Third Quarter Results
February 17, 2017 6:30 AM ESTORRVILLE, Ohio, Feb. 17, 2017 /PRNewswire/ -- The J. M. Smucker Company (NYSE: SJM) today announced results for the third quarter ended January 31, 2017, of its 2017 fiscal year. All comparisons are to the third quarter of the prior fiscal year, unless otherwise noted.  Results for the prior year include the Company's former U.S. canned milk business, prior to its divestiture on December 31, 2015.
EXECUTIVE SUMMARY
Net sales decreased 5 percent. Excluding the noncomparable U.S. canned milk business divested in the prior year, net sales decreased 3 percent.   Net income per diluted share... More