J. M. Smucker (SJM) Tops Q4 EPS by 22c
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The J.M. Smucker Co. Announces Fiscal 2021 Fourth Quarter Results
June 3, 2021 7:00 AM EDTORRVILLE, Ohio, June 3, 2021 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced results for the fourth quarter of its 2021 fiscal year ending April 30, 2021. Financial results for the fourth quarter and fiscal year reflect the divestiture of the Crisco® business on December 1, 2020, and the divestiture of the Natural Balance® business on January 29, 2021. All comparisons are to the fourth quarter of the prior fiscal year, unless otherwise noted.
EXECUTIVE SUMMARY
Net sales decreased $171.8 million, or 8 percent. Net sales excluding divestitures and foreign currency exchange... More