The J. M. Smucker Company Announces Fiscal 2018 First Quarter Results

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J. M. Smucker (SJM) Falls 6% on 'Miss and Guide Lower'

August 24, 2017 8:39 AM EDT

J. M. Smucker (NYSE: SJM) is trading down 6.2% in pre-open trade following a miss and lower guidance.

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J. M. Smucker (SJM) Misses Q1 EPS by 12c; Lowers Midpoint of Outlook

August 24, 2017 7:02 AM EDT

J. M. Smucker (NYSE: SJM) reported Q1 EPS of $1.51, $0.12 worse than the analyst estimate of $1.63. Revenue for the quarter came in at $1.75 billion versus the consensus estimate of $1.81 billion.

Net sales decreased 4 percent, reflecting declines within the U.S. Retail... More