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Yahoo
11 hours ago
- Business
- Yahoo
How The J. M. Smucker Company (SJM) Fits into the Food Dividend Stock Portfolio
The J. M. Smucker Company (NYSE:SJM) is included among the 10 Best Food Stocks with Dividends. A wholesaler distributing peanut butter, fruit spreads and specialty spreads to a retailer. The J. M. Smucker Company (NYSE:SJM) is recognized as a strong value in the food sector, with several successful brands under its belt. Notable performers include pet food lines like Meow Mix and Milk-Bone, as well as the well-liked Uncrustables sandwich products. The company paid a premium when it acquired Hostess Brands in November 2023. To refocus its efforts, the company recently sold off some brands from its Sweet Baked Snack segment, including Voortman, to concentrate more on the Hostess portfolio. Although the transition has been challenging, The J. M. Smucker Company (NYSE:SJM) appears to be moving in the right direction. It anticipates full-year fiscal 2026 sales to grow by 2% to 4%, despite the effects of divesting certain Sweet Baked Snack value brands. The company is also expected to deliver strong earnings and free cash flow. In fiscal Q4 2025, The J. M. Smucker Company (NYSE:SJM) reported operating cash flow of $393.9 million, and its free cash flow was $298.9 million. During the quarter, the company returned $114.5 million to shareholders through dividends, reinforcing its commitment to investor return. This cash position enables the company to consistently raise its dividends. The J. M. Smucker Company (NYSE:SJM) declared a 1.9% hike in its quarterly dividend on July 16. This marked the company's 24th consecutive year of dividend growth, which makes it one of the best food stocks with dividends. The company now offers a quarterly dividend of $1.10 per share and has a dividend yield of 4.04%, as of July 27. While we acknowledge the potential of SJM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: READ NEXT: and Disclosure: None. 登入存取你的投資組合
Yahoo
2 days ago
- Business
- Yahoo
How The J. M. Smucker Company (SJM) Fits into the Food Dividend Stock Portfolio
The J. M. Smucker Company (NYSE:SJM) is included among the 10 Best Food Stocks with Dividends. A wholesaler distributing peanut butter, fruit spreads and specialty spreads to a retailer. The J. M. Smucker Company (NYSE:SJM) is recognized as a strong value in the food sector, with several successful brands under its belt. Notable performers include pet food lines like Meow Mix and Milk-Bone, as well as the well-liked Uncrustables sandwich products. The company paid a premium when it acquired Hostess Brands in November 2023. To refocus its efforts, the company recently sold off some brands from its Sweet Baked Snack segment, including Voortman, to concentrate more on the Hostess portfolio. Although the transition has been challenging, The J. M. Smucker Company (NYSE:SJM) appears to be moving in the right direction. It anticipates full-year fiscal 2026 sales to grow by 2% to 4%, despite the effects of divesting certain Sweet Baked Snack value brands. The company is also expected to deliver strong earnings and free cash flow. In fiscal Q4 2025, The J. M. Smucker Company (NYSE:SJM) reported operating cash flow of $393.9 million, and its free cash flow was $298.9 million. During the quarter, the company returned $114.5 million to shareholders through dividends, reinforcing its commitment to investor return. This cash position enables the company to consistently raise its dividends. The J. M. Smucker Company (NYSE:SJM) declared a 1.9% hike in its quarterly dividend on July 16. This marked the company's 24th consecutive year of dividend growth, which makes it one of the best food stocks with dividends. The company now offers a quarterly dividend of $1.10 per share and has a dividend yield of 4.04%, as of July 27. While we acknowledge the potential of SJM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: READ NEXT: and Disclosure: None.
Yahoo
28-06-2025
- Business
- Yahoo
Jim Cramer Calls J. M. Smucker's Recent Quarterly Report 'Horrendous'
The J. M. Smucker Company (NYSE:SJM) is one of the 13 stocks Jim Cramer recently shed light on. During the episode, Cramer discussed the impact of the company's acquisition of Hostess Brands. He said: 'Meanwhile, usually strong stocks like Colgate or Procter & Gamble, they can't get traction at all. Hey, two weeks ago, we got this quarterly report from J.M. Smucker. With a name like Smucker, it was horrendous, hurt by its ill-fated decision to buy Hostess Brands, the parent of Twinkies, right on the eve of the GLP-1. I am told that people who take GLP-1 are repulsed… by HoHos. They hate HoHos.' A wholesaler distributing peanut butter, fruit spreads and specialty spreads to a retailer. J. M. Smucker (NYSE:SJM) produces a wide variety of branded food, beverage, and pet products, including coffee, spreads, baked goods, snacks, and pet food. The company's offerings are sold under well-known names like Folgers, Café Bustelo, Dunkin', Jif, Smucker's, and Smucker's Uncrustables, among others, through retail, online, and foodservice channels. Additionally, Cramer discussed the company on June 10 and said: 'But let's look at the other way. Let's talk about what old folks were interested in. There's a company called J.M. Smucker. It makes coffee jams and pet food, Uncrustables, Twinkies. It's covered by 15 different firms… It's real. We've all bought their stuff. Two years ago, right at the time that the GLP-1 drugs came of age and we went nuts for the weight loss shots, J.M. Smucker didn't seem to notice. They ran into the fire, they bought Hostess, that's right, Hostess, maker of Twinkies, for $5.6 billion in November of 2023. Today, they took a $980 million impairment charge for that transaction. I doubt that'll be the last one, as Twinkies and Ho Hos may not turn very well. Let's just say they're going nowhere. They also took a big hit from tariffs and higher coffee costs. Smucker's talking about a 20% boost in coffee prices. That's not going to help demand. In the wake of the news, the stock plunged more than 15%. Nearly every analyst who covers it had tough things to say about the business, all major firms.' While we acknowledge the potential of SJM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
14-06-2025
- Business
- Yahoo
Why J.M. Smucker Stock Plummeted This Week
J.M. Smucker is home to a wide array of instantly recognizable food and beverage brands. However, the company is still reeling from the aftermath of overpaying for its 2023 acquisition of Hostess Brands. Smucker remains a remarkably stable cash generator, but its immense debt load leaves the company at a disadvantage. 10 stocks we like better than J.M. Smucker › Shares of packaged food and beverage giant J.M. Smucker (NYSE: SJM) were down 13% this week as of 2:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence. Smucker reported dismal fiscal fourth-quarter earnings, with sales and adjusted earnings per share falling 3% and 13%. Making matters worse, the company took another $980 million impairment charge on its $5.6 billion Hostess Brands acquisition, bringing the total amount written down to $2 billion. While this charge doesn't mean Smucker "lost" that money in Q4, it acts more as an admission that it dramatically overpaid for the Twinkie maker two years ago. When you look at J.M. Smucker's brands, there's a lot to like: Folgers, Cafe Bustelo, and Dunkin MeowMix, Milk Bone, and Pupperoni Uncrustables, Jif, and Smuckers jelly Twinkies, Donettes, and Ho-Hos In fact, thanks to its collection of popular brands, Smucker estimates that roughly 90% of U.S. households already buy its products. However, that widespread adoption is also part of the problem now facing the company -- minimal growth. While Smucker grew sales by 4% annually over the last decade, this figure dipped to 1% since 2020 -- and Q4's results only made things worse. This slowdown undoubtedly contributed to the company's questionable acquisition of Hostess for a precipitous 30 times after-tax earnings. Now, Smucker holds $7.3 billion in debt versus a market capitalization of $10.2 billion, meaning the company will likely focus on paying down debt and streamlining its operations, rather than delivering any significant sales growth. Though Smucker consistently generates positive free cash flow (FCF) -- and its 4.5% dividend yield only uses 56% of its FCF -- investors may want to wait for signs of improvement before jumping in. Before you buy stock in J.M. Smucker, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and J.M. Smucker wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,871!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $875,479!* Now, it's worth noting Stock Advisor's total average return is 998% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends J.M. Smucker. The Motley Fool has a disclosure policy. Why J.M. Smucker Stock Plummeted This Week was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-06-2025
- Business
- Yahoo
JM Smucker outlines snacks strategy after fresh impairments
JM Smucker is "narrowing our priorities" for its sweet snacks division after the Twinkies maker booked another set of impairments against the business. The US manufacturer yesterday (10 June) recorded impairment charges of $980m made up of $867.3m linked to goodwill in its sweet baked snacks unit and a $112.7m impairment tied to the Hostess brand. The company, which acquired US snacks maker Hostess Brands in a $5.6bn deal two years ago, recorded over $1bn in impairment charges for the same units in March. After announcing JM Smucker's annual results yesterday, CEO and chair Mark Smucker, acknowledged the performance of the sweet baked snacks business had fallen short of 'expectations'. The chief pointed to inflation-driven shifts in consumer behaviour, noting reduced discretionary income led to more 'selective' spending. He also conceded the company had been unable to 'perform with excellence from a distribution, merchandising, and competitive standpoint'. The company, Mr Smucker said, is refocusing its efforts around 'three key drivers' in a bid to speed up the 'stabilisation and eventual growth' of the Hostess brand. He explained JM Smucker would review its snacks product ranges and "improve competitiveness through key price points". The company plans to "streamline commercial processes and redeploy resources", he added, moves that will include setting up a "dedicated" sales team for sweet snacks. JM Smucker is now forecasting sales from its sweet baked snacks business will rise 3% a year over the "long term", down from an earlier projection of 4% growth. The impairment charges resulted in a fourth-quarter operating loss of $599.1m, contrasting with a $406m operating profit in the corresponding period of the previous year. The company posted a net loss of $729m in the fourth quarter, versus a $245.1m profit a year earlier. Fourth-quarter net sales decreased by 3% to $2.14bn. Adjusted operating income was $422.4m, an 8% decline, with adjusted EPS at $2.31, down from $2.66 in Q4 FY2024. For the full year, JM Smucker reported a net loss of $1.23bn, compared to a $744m profit in its 2024/2025 fiscal year. Net sales rose 7% to $8.72bn, but the company recorded a $673.9m operating loss, a drop from $1.31bn in operating income in the previous fiscal year. Adjusted operating income increased by 12% to $1.82bn, with adjusted EPS rising to $10.12 from $9.94. Looking ahead, JM Smucker expects company-wide net sales to grow 2-4% in fiscal 2026 and anticipates adjusted EPS between $8.50 and $9.50. Announcing the results, Mr Smucker said: 'As we look ahead to fiscal year 2026, we remain focused on delivering the business through the strength of our key growth platforms and advancing our strategic priorities. We are confident in our strategy, and we are well-positioned to deliver long-term growth and increase shareholder value.' In a note, Bernstein analyst Alexia Howard said JM Smucker's outlook is 'below consensus on the bottom line, although sales guidance is better than expected due to price hikes,' particularly in coffee, where another increase is planned for August. Looking ahead to the company's 2026 fiscal year, Howard expressed concern that 'pressures on the Hostess brand will continue to play out, particularly once pill versions of GLP-1 drugs are launched in calendar year 2026'. She also flagged potential pressure on sales from state-level reductions in Supplemental Nutrition Assistance Program funding and ongoing media scrutiny of highly processed foods. Overall, Howard described the performance across JM Smucker's business units, including retail pet foods, coffee, frozen handhelds, and spreads, as a 'very mixed bag at present'. "JM Smucker outlines snacks strategy after fresh impairments " was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
