Smucker Surprises Markets with Upbeat Earnings Outlook Driven by Uncrustables Demand
27 days ago
In an impressive display of resilience and consumer appeal, The J.M. Smucker Company has raised its earnings guidance for the fiscal year following robust sales of its beloved Uncrustables line. This announcement marks a significant moment for the company, showcasing its ability to navigate economic challenges while capitalizing on strong consumer preferences.
Continue readingJ.M. Smucker to Offload Voortman Cookies to CapVest in Strategic Move
2 months ago
In a significant development for the food industry, J.M. Smucker Co. has announced its plans to divest the popular Voortman Cookies brand, selling it to the private equity firm CapVest Partners. This transaction marks a pivotal shift for Smucker, which has been realigning its focus towards its core brands, and it reflects ongoing trends in the snack food sector.
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